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Senate Gives NNPCL 3 Weeks to Explain N210 Trillion Audit Queries

ABUJA, Nigeria — The Senate Committee on Public Accounts has given the Nigerian National Petroleum Company Limited (NNPCL) three weeks to respond to audit...

Irregular Remittances: NNPC Owes Federation Account ₦6.57 Trillion, Says FAAC

ABUJA, Nigeria — The Nigerian National Petroleum Company Limited (NNPCL) is indebted to the federation to the tune of ₦6.57 trillion as of May...

Senate Gives NNPC 10-Day Ultimatum Over N210 Trillion Financial Discrepancy

ABUJA, Nigeria — The Senate Committee on Public Accounts has issued a 10-day ultimatum to the Nigerian National Petroleum Company (NNPC) Limited to respond...

NNPC Raises Petrol Price to ₦915 in Lagos, ₦945 in Abuja

LAGOS, Nigeria — The Nigerian National Petroleum Company (NNPC) Limited has increased the pump price of petrol to ₦915 per litre in Lagos and...

NNPCL Spokesperson Femi Soneye Resigns After 20 Months in Office

ABUJA, Nigeria — Femi Soneye, the Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL), has stepped down from his position,...

Senate Orders NNPCL to Explain ₦210 Trillion Audit Discrepancy

ABUJA, Nigeria — The Senate on Wednesday, June 18, 2025, issued a one-week ultimatum to the Nigerian National Petroleum Company Limited (NNPCL) to clarify discrepancies...

World Bank Questions NNPCL Over Withheld Petrol Subsidy Savings

ABUJA, Nigeria - The World Bank has raised serious concerns over the handling of petrol subsidy savings by the Nigerian National Petroleum Company Limited...

Dangote Refinery Cuts Ex-Depot Petrol Price to N867 Per Litre

LAGOS, Nigeria — Dangote Petroleum Refinery and Petrochemicals has reduced its ex-depot loading cost of petrol from N880 to N867 per litre, a move...

Dangote, NNPCL Officials Meet as Nigeria Pushes Ahead With Naira-for-Crude Oil Transactions

ABUJA, Nigeria — The Nigerian federal government has confirmed that the naira-for-crude oil deal will continue, following the conclusion of its first phase on...

Presidency Accuses Senator Ndume of ‘Selective Perception’ in Federal Character Debate

ABUJA, Nigeria — Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, has rejected claims by Senator Ali Ndume that the...

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