The Nigerian National Petroleum Company (NNPC) Limited recorded a profit after tax of ₦509 billion in September 2026, up from ₦431 billion in August, as revenue increased and the company…
Finance Minister Taiwo Oyedele urges the federal government to list NNPC and NLNG as part of a proposal to grow Nigeria’s capital market to $1 trillion. Taiwo Oyedele, minister of…
Brent crude hits $110 for the first time since May as Middle East tensions threaten global oil supplies, raising fresh concerns over petrol prices in Nigeria. Brent crude oil touched…
NNPC has isolated a gas pipeline after an explosion in Rivers State reportedly injured 20 people and damaged about 50 houses as investigations begin. The Nigerian National Petroleum Company (NNPC)…
This opinion piece examines the Federal Government’s 30-day petrol price intervention through NNPC Retail and the proposed ₦1,350-per-litre landing-cost ceiling. It considers who benefits from the temporary discount, how the…
The Nigeria fuel price discount announced on 8 October promises relief at the pump, but the savings are smaller and narrower than the headlines suggest. Here is what the government…
NNPC reports N431bn profit after tax in August 2026 as revenue rises to N3.73tn and crude oil and condensate production reaches 1.69m bpd. The Nigerian National Petroleum Company (NNPC) Limited…
The Presidency says NNPC will forgo its petrol retail profit margin for 30 days, selling fuel at cost as FG pursues a N1,350-per-litre cost ceiling. The Presidency says the Nigerian…
The Federal Government has announced a 30-day petrol discount at NNPC stations, prioritising public transporters and targeting a N1,350 ex-gantry cost ceiling. The Federal Government has announced a 30-day discount…
NNPC says it incurred N11.2tn in costs to protect Nigeria’s oil and gas assets in 2025, with the federal government expected to reimburse the company. The Nigerian National Petroleum Company…
