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Nigerian National Petroleum Corporation (NNPC)

NNPC records trading surplus of N6.33 billion in May

The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of N6.33 billon for the month of May 2019, a figure which is 13 per cent higher than the N5.60 billion surplus posted in the preceding month of April 2019.
Nigerian National Petroleum Corporation (NNPC)

NNPC records trading surplus of N6.33 billion in May

The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of N6.33 billon for the month of May 2019, a figure which is 13 per cent higher than the N5.60 billion surplus posted in the preceding month of April 2019.
Melee Kyari

MRS, Vitol, Oando, AYM Shafa win NNPC crude-for-fuel contracts

The NNPC has reportedly issued award letters for highly sought-after contracts to exchange crude oil for imported fuel, with some Nigerian oil firms beneficiaries.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has tasked staff of the National Oil Company to bolster their productivity.

NNPC chief Baru tasks staff on optimum productivity

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has tasked staff of the National Oil Company to bolster their productivity.
Nigerian National Petroleum Corporation (NNPC)

NNPC retires 11 senior management staff

The Nigerian National Petroleum Corporation (NNPC) has explained that the retirement of 11 of its senior management staff and others from its subsidiaries as well as the redeployment of 19 others were part of its normal replacement and back-fill process.

NNPC: Why we replaced top management cadre

The Nigerian National Petroleum Corporation (NNPC) has explained the recent staff movements in the Corporation, saying it was normal replacement and backfill exercise to bridge the gap occasioned by impending retirement of some management staff of the Corporation, among others.

Full list: Massive redeployment in NNPC

There has been a massive Shake-up at the Nigerian National Petroleum Corporation (NNPC) as about 20 senior personnel of the oil firm and its subsidiaries have been redeployed.

Warri, Kaduna, Port Harcourt refineries post N8.36 billion deficit

The dismal performance of the country’s three refineries, Warri, Port Harcourt and Kaduna refineries, continued, as the refineries posted operating deficit of N8.36 billion in January 2019, according to data released by the Nigerian National Petroleum Corporation, NNPC.

NNPC pays N153.01 billion into federation account in January

The Nigerian National Petroleum Corporation (NNPC), says it transferred N153.01 billion into the federation account in January.

Nigeria’s crude oil production rises by 9 percent

Nigeria’s crude oil daily production recorded an upward swing of about 2.09million barrels in 2018, translating to a 9 per cent increment, compared with the 2017 average daily production of 1.86million barrels.

NNPC selects Vitol, Trafigura, Sahara, Oando, 46 others for crude term contracts

It was gathered that as part of the efforts to encourage local participation in the lifting contracts, the corporation selected 20 Nigerian companies, unlike in the 2017/2018 contracts where 18 Nigerian companies made the list.

PPMC insists $250m from Duke Oil was for products traded

The Petroleum Products Marketing Company (PPMC) has insisted that the $205,203,891.09 it received from Duke Oil was for products traded.

House of Reps probes Duke Oil over non remittance of N6trn revenue

The House of Representatives Adhoc Committee Investigating Revenue Leakages in the Department of Petroleum Resources (DPR) and other subsidiaries of the Nigerian National Petrol‎eum Corporation (NNPC), is currently beaming its searchlight on Duke Oil over non remittance of over N6 trillion (Six Trillion Naira) revenue.

Senate to probe NNPC chief Maikanti Baru over $24bn contract awards, insubordination

The minister in the letter had accused Baru of failing to adhere to due process in the award of several multibillion dollar contracts and of sidelining the board of NNPC, which Kachikwu chairs, in the award of contracts.

Ex-PPMC chief to forfeit nine Dubai properties over $24bn oil fraud

The Economic and Financial Crimes Commission has begun fresh moves to seize nine Dubai properties worth about N1.6bn, traced to a former Managing Director of the Petroleum Products Marketing Company, Mr. Haruna Momoh.

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The Minister of Agriculture and Rural Development, (FMARD), Sabo Nanono, says the Federal Government is committed to ensuring the take-off of University of Agriculture, Zuru, Kebbi, in 2020.

Nigerian government to establish over 600 farm mechanisation centres

The federal government has said it will start up a programme, “The Green Imperative”, which will lead to the establishment of 632 farm mechanisation centres in the country.

FRSC Board approves appointment of two deputy corps marshals

The Federal Road Safety Commission Board has during its meeting on May 3, 2020 after due consideration of the report submitted by the Establishment Committee in respect to the 2019 promotion, approved the promotion of two Assistant Corps Marshals from the North Central geopolitical zone to the rank of Deputy Corps Marshal with immediate effect.
Public Works and Transport minister Ndlaluhlaza Ndwandwe was found to be infected after a routine test on Tuesday.

Eswatini cabinet in isolation as minister contracts coronavirus

The 20-member cabinet in Africa’s last absolute kingdom of Eswatini has been ordered into isolation after one minister contracted coronavirus, the government said on Saturday.
Panama's last two presidents, Ricardo Martinelli and Juan Carlos Varela, were charged Thursday with money laundering, as two separate scandals tarnished the political legacy of the former allies turned enemies.

Former Panama presidents charged with money laundering

Panama's last two presidents, Ricardo Martinelli and Juan Carlos Varela, were charged Thursday with money laundering, as two separate scandals tarnished the political legacy of the former allies turned enemies.
For the second time, the World Health Organisation (WHO) has discontinued Hydroxychloroquine clinical trial for the treatment of COVID-19, saying it has no positive effect on patient recovery.

WHO discontinues Hydroxychloroquine treatment trial for coronavirus

For the second time, the World Health Organisation (WHO) has discontinued Hydroxychloroquine clinical trial for the treatment of COVID-19, saying it has no positive effect on patient recovery.