The government of Nigeria has finally removed subsidy on premium motor spirit (PMS) popularly known as Petrol as the Nigeria National Petroleum Company (NNPC) Limited Wednesday...

By Sunday Oguntuyi, Osogbo A Pan-Yoruba Cultural group, Oodua Youth Parliament (OYP) has handed a three-day ultimatum to heads of the nation’s apex bank, the Central...

The Nigerian National Petroleum Company (NNPC) Limited has acquired the assets of Addax Petroleum’s production sharing contract (PSC). Mele Kyari, NNPC Group Chief Executive Officer (GCEO),...

The Nigerian National Petroleum Company (NNPC) Limited deducted over N3.3 trillion from January to November, last year to pay for fuel subsidy. The deductions were made...

Following the disco of crude oil in Gombe and Bauchi states, the Nigerian National Petroleum Company (NNPC) Limited says it is prospecting for the commodity in...

State oil firm, the Nigerian National Petroleum Company (NNPC) Limited has signed a $1.4 billion external project finance agreement for the Northern Hydrocarbon Funding Limited. Codenamed...

The Nigerian National Petroleum Company (NNPC) Limited says it has two billion litres of Premium Motor Spirit, in stock. The company disclosed this in a statement...

By AYOOLA OLAOLUWA More oil marketing firms are divesting from the nation’s downstream petroleum sector as operating cost continues to soar and profits tumble, Business Hallmark...

BY EMEKA EJERE Strident calls for the scrapping of the national oil company, the Nigeria National Petroleum Company Limited (NNPCL), have continued to rent the air...