Tag: NNPC
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Nigeria Rakes in N55.5tn from Crude Oil in 2025 Despite Missed Production Targets
Nigeria generated an estimated N55.5 trillion from crude oil sales in 2025, buoyed by relatively strong global oil prices despite persistent production shortfalls, an...
NNPC’s ₦30 Trillion Identity Crisis: Underperforming Subsidiaries Threaten National Oil Giant’s Solvency
Despite its high-profile transition into a commercial entity under the Petroleum Industry Act, the Nigerian National Petroleum Company Limited (NNPC) is facing a liquidity...
President Tinubu Appoints Bashir Ojulari as NNPC Group CEO, Overhauls Board for Efficiency & Growth
President Bola Tinubu has appointed Engineer Bashir Ojulari as the new Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, replacing Mele Kyari. The announcement was...
NNPC: TotalEnergies, PENGASSAN, NUPENG have Reached Agreement to End Strike
The Nigerian National Petroleum Company (NNPC) Limited has restored TotalEnergies daily crude oil production after intervening in the oil workers’ industrial action.
TotalEnergies produces 275,...
JUST IN: NNPC Secures $3bn Emergency Loan To Stabilise Naira
Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion crude repayment loan to stabilise naira.
The funding NNPC Limited secured from the AFRIEXIM...
