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  1. Nigeria Business News

    Business NNPC announces 15 companies as winners of Direct Sale and Purchase contract – Nairametrics

    The Nigerian National Petroleum Corporation (NNPC) has announced 15 companies as winners of its 2019/2020 Direct Sale of Crude Oil and Direct Purchase of Petroleum Products (DSDP) arrangement. The announcement was made via a press release on Sunday by the Corporation’s Group General Manager...
  2. Nigeria Business News

    Business Chinese Investment in Nigerian Oil at $16 Billion – Financial Tribune

    Chinese investments in the oil and gas industry of Nigeria have reached $16 billion, according to a senior official at the Nigerian National Petroleum Corporation, but the industry needs even more to advance its production growth agenda. Vanguard quotes NNPC’s Group Managing Director Malla...
  3. Nigeria Political News

    Politics House Of Reps Summons CBN, NNPC, Others – Nairaland

    The House of Representatives has summoned heads of four government agencies to appear before it, Igbere TV reports. The agencies include the Central Bank of Nigeria (CBN), Nigeria National Petroleum Coperation (NNPC), Department of State Services (DSS) and the Nigerian Customs. The decision...
  4. Nigeria Business News

    Business China’s oil investment in Nigeria hits $16bn mark – Newtelegraph

    The investments are majorly made through China National Offshore Oil Corporation (CNOOC), which began its operations in the country in 2005. Vice President, CNOOC, Mr. Lu Yan Ji, … Read more via Newtelegraph – https://ift.tt/2Ml4Rwd Get more: Nigeria Business News
  5. Nigeria Metro News

    Metro Apply same measure to Dangote – Ali Baba reacts to Buhari’s order to CBN on forex, food importation – Daily Post Nigeria

    Popular Comedian, Alibaba has reacted to President Muhammadu Buhari’s warning to the Central Bank of Nigeria, CBN, to stop providing foreign exchange for importation of food into the country.... Read more via Daily Post Nigeria – https://ift.tt/2Z3u3NX Get More Nigeria Metro News
  6. Nigeria Business News

    Business NNPC: Nigeria will Stick to OPEC’s Oil Output Quota – Thisdaylive

    Nigeria will not break its commitment to the oil production adjustments agreed upon under the Declaration of Cooperation (DoC) between member countries of the Organisation of the Petroleum Exporting Countries (OPEC) and non-OPEC countries at their last ministerial meeting on July 2, 2019, the...
  7. Nigeria Business News

    Business Nigeria Will Comply With OPEC, Non-OPEC Output Cut Deal, Says NNPC Boss – Channels Television

    The Nigerian government says it is committed to the production adjustments agreed on under the Declaration of Cooperation (DoC) between member countries of the Organisation of the Petroleum Exporting Countries (OPEC) and Non-OPEC Countries. Read more via Channels Television –...
  8. Nigeria Political News

    Politics Buhari, Tinubu, others under fire for allegedly fabricating lies against Jonathan – Daily Post Nigeria

    Reno Omokri, a former aide to ex-President Goodluck Jonathan has reacted to the confession by a former spokesman of the All Progressives Congress, Timi Frank, that the ruling party fabricated outright lies against Jonathan... Read more via Daily Post Nigeria – https://ift.tt/33u5SYk Get More...
  9. Nigeria Business News

    Business This is what Dangote’s deal with NNPC is all about – Pulse Nigeria News

    NNPC and Dangote have a deal that the state run oil company considers very strategic. The Nigerian National Petroleum Corporation (NNPC) will partner with the ‘under-construction’ Dangote refinery in Lagos, in a bid.... Read more via Pulse Nigeria News – https://ift.tt/2GYlud4 Get more...
  10. Nigeria Business News

    Business NNPC drags military into re-launch of oil search in Chad Basin – Newtelegraph

    The aggressive push to make the North join league of oil producers through commercial oil discovery in Chad Basin and others received a boost yesterday as the Nigerian National Petroleum Corporation (NNPC) rallied the Nigerian military into the imminent re-launch of oil search in the troubled...
  11. Nigeria Business News

    Business Chevron recalls sacked workers – Nairametrics

    The workers sacked by Chevron Nigeria Limited have all resumed at their various duty posts after a face-off between the company and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG)..... Read more via Nairametrics – https://ift.tt/2YKqoQV Get more: Nigeria Business News
  12. Nigeria Business News

    Business NNPC Offers to Assist FIRS, DPR Recover Unpaid Taxes, Others from IOCs – Thisdaylive

    The Nigerian National Petroleum Corporation (NNPC) has offered to help the Department of Petroleum Resources (DPR) and Federal Inland Revenue Service (FIRS) collect unpaid taxes and royalties from oil companies, including those on Joint Venture (JV) and Production Sharing Contract (PSC)...
  13. Nigeria Business News

    Business State of Nigeria’s Refineries Shameful, Says Mele Kyari – Thisdaylive

    The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari, has bemoaned the non-functional state of refineries in the country, describing it as a shame on the country. Kyari also expressed sadness with Nigeria’s position as a net importer of petroleum...
  14. Nigeria Business News

    Business NNPC, Turkey mull trade deals’ extension beyond oil – Newtelegraph

    The Nigerian National Petroleum Corporation (NNPC) yesterday declared plan to extend Nigeria’s trade relations with Turkey beyond crude oil. The Group Managing Director of NNPC, Mallam Mele Kyari, disclosed this, according to a statement, during a courtesy visit by the Ambassador of the...
  15. Nigeria Business News

    Business NNPC, Editors Guild renew hope for passage of PIB bill, others – The Guardian Nigeria News

    The Nigerian National Petroleum Corporation (NNPC) and the Nigerian Guild of Editors (NGE) yesterday renewed hope for passage of the Petroleum Industry Bill (PIB) and other legislations in the oil and gas sector. Specifically, the NGE pledged to enlighten members of the... Read more via The...
  16. Nigeria Business News

    Business NNPC not in competition with Dangote – Kyari – P.M. News

    The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari says the corporation is not in contest for market share with the forthcoming Dangote Refinery.... Read more via P.M. News – https://ift.tt/2KferNJ Get more: Nigeria Business News
  17. Nigeria Metro News

    Metro Court convicts businessman in absentia for $149,950 fraud – P.M. News

    Justice Olusola Williams of the Special Offences Court, sitting in Ikeja, Lagos, on Friday convicted a businessman, Barnabas Johnson Akojie in absentia for offences bordering on forgery, stealing, obtaining by false pretence and fraudulent conversion to the tune of $149,950. Read more via...
  18. Nigeria Business News

    Business Fuel subsidy skyrockets by N91bn in 31 days – Newtelegraph

    The subsidy on Premium Motor Spirit (PMS) also known as petrol imported into Nigeria skyrocketed by a whooping N91 billion in 31 days. This surge, a further scrutiny of the May 2019 financial report of the Nigerian National Petroleum Corporation … Read more via Newtelegraph –...
  19. Nigeria Business News

    Business NNPC reveals why it won’t renew oil block licenses for IOCs – Nairametrics

    International Oil Companies (IOCs) seeking to renew their expired licences in various locations in Nigeria may be disappointed with the latest development, as the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari disclosed that the Corporation would...
  20. Nigeria Business News

    Business Nigeria eyes partnership with Indonesia on crude exports – Yahoo Finance

    ABUJA (Reuters) – Nigeria’s state oil firm NNPC plans to renew its contract for crude sales with Indonesia which expired last year, part of moves to boost exports, it said on Tuesday. The Nigerian National Petroleum Corporation (NNPC) said it was interested in working with Indonesia’s …...
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