Tag: NNPC

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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...

Jite Okoloko Battles Sahara Energy, NNPC over Oilfield

A storm is brewing in the oil and gas industry. It involves top dogs like Onajite Okoloko, the chairman of Eroton Exploration & Production...

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