NNPCL – Page 2 of 5 – Prime Business Africa

Nigeria’s Oil Sector: A Crisis Of Leadership, Corruption, Poor Governance

The oil sector has long been Nigeria’s economic lifeblood, contributing the bulk of its foreign exchange earnings and government revenue. Yet, despite the nation’s immense crude oil reserves, the industry is riddled

Emmanuel Ochayi

September 18, 2024

Business·News·Oil & Gas

Crude-for-Naira Deal To Ease Fuel Prices, Availability From October 1- NECA

Crude-for-Naira Deal to Start from October 1 The Crude-for-Naira initiative, set to begin on October 1, 2024, has generated wide reactions across Nigeria, with key industry players expressing optimism. The agreement struck

Emmanuel Ochayi

September 17, 2024

Naira-for-Crude Policy: Bold Economic Reform Or Risky Gamble For Nigeria's Future?

Business·FEATURES·News·Oil & Gas

Naira-for-Crude: Bold Economic Reform Or Risky Gamble For Nigeria’s Future?

Nigeria Introduces Naira-for-Crude Policy Nigeria has long been a major player in the global oil market, exporting its crude oil in exchange for US dollars, the dominant currency in international trade. This

Emmanuel Ochayi

September 16, 2024

SERAP sues Tinubu, govs over cybercrime law abuse

Business·News·Oil & Gas

SERAP Sues President Tinubu Over Petrol Price Hike, Seeks Reversal To N600 Per Litre

SERAP Takes Legal Action Against President and NNPCL The Socio-Economic Rights and Accountability Project (SERAP) has taken a legal action against President Bola Tinubu, demanding the reversal of the recent petrol price

Emmanuel Ochayi

September 16, 2024

Fuel Price Racketeering: Dangote Must Do More for Nigerians

Business·News·Oil & Gas

Nigeria To Stop Petrol Imports In October, Shifts To Dangote Refinery Supply

NNPC to Stop Petrol Imports as Dangote Refinery Takes Over Starting in October 2024, the Nigerian National Petroleum Company Limited (NNPC) will stop importing petroleum products, provided the local price from the

Emmanuel Ochayi

September 16, 2024

Petrol Imports Rise To 154m Litres Weekly As Naira-for-Crude Crisis Persists

Business·News·Oil & Gas

Nigeria’s Crude Oil Production Declines To 1.4mbpd In Q2 – NBS

NBS Report Highlights Drop in Crude Oil Production The Nigeria Bureau of Statistics (NBS) has released its quarterly Gross Domestic Product (GDP) report for 2024, revealing a decline in Nigeria’s crude oil

Emmanuel Ochayi

August 27, 2024

5 Reasons Nigeria's Crude Oil Production is Declining – And What Next

Business·FEATURES·News·Oil & Gas

Is Nigeria’s Crude Oil Supply Policy Recipe For Economic Sabotage?

Nigeria’s Controversial Crude Oil Supply Policy: What’s at Stake? Nigeria’s latest push to prioritise domestic crude oil supply over exports is raising alarm bells across the oil industry. The Nigerian Upstream Petroleum

Emmanuel Ochayi

August 25, 2024

Business·News·Oil & Gas

NNPCL Reduces Stake In Dangote Refinery As It Repays 60% Of $1bn Loan

NNPCL Loan Repayment and Stake Reduction in Dangote Refinery The Nigerian National Petroleum Company Limited (NNPCL) has repaid 60 percent of the $1.036 billion loan it secured in September 2021 for its

Emmanuel Ochayi

August 20, 2024

Business·News·Oil & Gas

NNPCL Opens Up On Allegations Of $6.8bn Debt, Remittances To Federation Account

The Nigeria National Petroleum Company Limited (NNPCL) has denied allegations that it is owing international oil traders about $6.8 billion. The national oil company also said it is not true that it

Victor Ezeja

August 19, 2024

Business·News·Oil & Gas

Gas Production: NNPC Set To Build 100 CNG Sites, 3 LNG Stations

The Nigerian National Petroleum Company Limited (NNPCL), has announced plans to build not less than 100 Compressed Natural Gas (CNG) sites and three Liquefied Natural Gas (LNG) stations to boost gas production.

Victor Ezeja

July 5, 2024

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NNPCL - Page 2

Nigeria’s Oil Sector: A Crisis Of Leadership, Corruption, Poor Governance

Crude-for-Naira Deal To Ease Fuel Prices, Availability From October 1- NECA

Naira-for-Crude: Bold Economic Reform Or Risky Gamble For Nigeria’s Future?

SERAP Sues President Tinubu Over Petrol Price Hike, Seeks Reversal To N600 Per Litre

Nigeria To Stop Petrol Imports In October, Shifts To Dangote Refinery Supply

Nigeria’s Crude Oil Production Declines To 1.4mbpd In Q2 – NBS

Is Nigeria’s Crude Oil Supply Policy Recipe For Economic Sabotage?

NNPCL Reduces Stake In Dangote Refinery As It Repays 60% Of $1bn Loan

NNPCL Opens Up On Allegations Of $6.8bn Debt, Remittances To Federation Account

Gas Production: NNPC Set To Build 100 CNG Sites, 3 LNG Stations

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