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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.
Nigerian National Petroleum Corporation (NNPC)

Fourteen firms win bids to lift crude oil in 2019/20

No fewer than 14 local, regional and international oil companies that bid for the 2019 Direct Sale of Crude Oil and Direct Purchase (DSDP) contract have emerged successful.
Nigerian National Petroleum Corporation (NNPC)

GMD: NNPC will continue to support local companies

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has assured that the corporation would continue to support local companies, within the entire hydrocarbon value-chain, for the growth of the nation’s economy.

Pipeline surveillance: Local contractors beg NNPC to pay 17-month arrears

Indigenous pipeline surveillance contractors attached to the Nigerian National Petroleum Corporation (NNPC) at the weekend appealed to the management of the corporation to pay their salary allowance of 17 months.

Full list: 132 firms bid for NNPC’s crude oil swap

The NNPC, Nigeria’s state owned oil giant, Thursday announced that 132 companies had submitted bids for the 2019 crude for refined products programme tagged Direct Sale, Direct Purchase (DSDP).
A Senior Advocate of Nigeria, Mr. Okon Efut, who led the former Chief Justice of Nigeria Walter Onnoghen’s defence team at Thursday’s judgment proceedings of the Code of Conduct Tribunal, has indicated that the conviction of the former CJN would be appealed at the Court of Appeal.

NJC removes Justice Onnoghen from membership list

The National Judicial Council has removed the name and image of Walter Onnoghen from its members list on its website.
Nigerian National Petroleum Corporation (NNPC)

NNPC extends crude-for-product swaps until June 2019

Nigeria's state oil firm NNPC has extended its crude-for-product swap contracts, the country's main avenue to meet the bulk of its fuel needs, until June 2019, sources familiar with the matter said.

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.

DPR seals six filling stations in Rivers

The Department of Petroleum Resources, DPR, yesterday sealed six filling stations in Rivers State for diversion and hoarding of petroleum products, even as DPR disclosed that over 35 stations have received Premium Motor Spirit, PMS.

How NNPC caused fuel scarcity – Ex-Minister Iheanacho

An oil and gas merchant, Capt. Emmanuel Iheanacho, has attributed the persistent scarcity of petrol to monopoly of the product by the Nigerian National Petroleum Corporation (NNPC).

Petroleum products in 40 vessels expected at ports

No fewer than 40 vessels are expected to berth at Lagos ports this week, as petroleum products takes the lead with nine tanker vessels laden with Premium Motor Spirit (PMS), otherwise known as petrol, diesel, and aviation fuel.

Fuel sells at N200 per litre in Lagos, as NNPC intensifies fuel distribution

Against the backdrop of the ongoing fuel scarcity, the prices have skyrocketed as petrol is currently selling at N200 per litre in Lagos, the News Agency of Nigeria (NAN).

Scarcity: Marketers begin loading of 66 million litres petrol

Oil marketers on Saturday commenced the loading of about 66 million litres of Premium Motor Spirit, popularly known as petrol, from their various depots in Lagos for onward distribution to all parts of the country.

NNPC to flood market with petroleum products

The Nigerian National Petroleum Corporation (NNPC) says it is intensifying efforts to flood the market with petrol and other products to ease scarcity pervading the country.

NNPC jacks up petrol supplies more cargoes arrive

The Nigerian National Petroleum Corporation (NNPC) claimed it has intensified efforts to flood the market with Premium Motor Spirit (PMS), otherwise called petrol.

DPR sanctions 8 filling stations in Kano over fraudulent activities

The Department of Petroleum Resources (DPR), Kano Field Office, said it had sanctioned eight filling stations in Kano for committing various offences.

Federal govt orders minister Ibe Kachikwu to end fuel scarcity by weekend

The Federal Government has ordered the Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, to ensure that the fuel scarcity currently being experienced across the country does not extend beyond this weekend.

Banks place 13 tank farms, filling stations on sale over $600m loans

Banks have confiscated and placed on sale 13 tank farms, scores of filling stations, landed properties and exotic cars seized as collateral from debtors in the downstream sector, it was gathered at the weekend, as recovery of $600 million loans in the sub-sector takes a new twist.

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A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Lagos court remands ‘internet fraudsters’ in Ekiti prison

A Federal High Court sitting in Lagos State has ordered the remand of nine suspected internet fraudsters in Ado-Ekiti prison pending the hearing of charges filed against them by the Economic and Financial Crimes Commission, EFCC.
The Presidency has assured Nigerians that President Muhammadu Buhari will not disappoint Nigerians in this second and last term in delivery of his promises.

Presidency: President Buhari will not fail Nigerians

The Presidency has assured Nigerians that President Muhammadu Buhari will not disappoint Nigerians in this second and last term in delivery of his promises.

Nigeria Customs denies closure of Seme border

The Nigeria Customs Service (NCS) has denied closure of the Seme-Krake border with the Republic of Benin, explaining that the ongoing joint security exercise in the area was to tackle transborder crimes.
Frank Lampard, after two competitive games as Chelsea boss, has acknowledged that “performances and results will define how long I am here”.

Frank Lampard says Chelsea’s misfiring strikers will come good

Frank Lampard insists Chelsea’s misfiring strikers will rediscover their touch in front of goal.
Alex Iwobi is starting on bench as Everton take on Aston Villa on Friday's Premier League fixture.

Alex Iwobi benched as Everton take on Aston Villa

Alex Iwobi is starting on bench as Everton take on Aston Villa on Friday's Premier League fixture.