Afreximbank Confirms Disbursement of $2.25bn Crude Oil Prepayment Facility

The African Export-Import Bank (Afreximbank) has confirmed the initial disbursement of $2.25 billion out of the…

NNPC, IPMAN Clash Over Fuel Subsidy Removal, Project N1,200/litre

The Nigerian National Petroleum Company Limited and fuel marketers, under the aegis of the Independent Petroleum…

Niger Demands 13% Derivation from Hydropower

Niger State governor, Mohammed Umaru Bago, has called on the federal government to pay 13 per…

Okadigbo Seeks Gender Equality Promotion In Energy Sector

Sen. Margery Okadigbo, Board Chairman, Nigeria National Petroleum Company Limited (NNPCL), has emphasised the need to…

Buhari Commissions Pinnacle’s $1bn Terminal at LFTZ

The Petroleum Industry Bill(PIB) into law created an enabling environment for investments.  The terminal would decongest…

NNPC acquires OVH Energy’s downstream Assets 

OVH’s Oando service stations will be rebranded and merged with NNPC retail limited.  NNPCL was bringing…

NNPC Plans NIPP Power Plants Acquisition

Mallam Mele Kolo Kyari, the Managing Director of NNPC, says NNPC should take part in power…