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Nigeria’s Oil Output Rises By 200,000 bpd

Nigeria’s oil output has risen by additional 200,000 barrels per day, bpd, following the coming on stream of Egina field. Before the coming on stream...

NNPC Reverses Deficit, Posts N9.85b Trading Surplus

The Nigerian National Petroleum Corporation, NNPC, Wednesday, announced a trading surplus of N9.85 billion for the month of September 2018, a significant rebound from...

NNPC Spends N623.16b On PMS Subsidy

The Nigerian National Petroleum Corporation (NNPC) says it spent N623.16 billion on under-recovery otherwise known as subsidy from January to November 2018. This was contained...

Emir Of Kano’s Visit To A’Ibom Is On Dual Capacity- Says...

Akwa Ibom State Governor, Mr. Udom Emmanuel, Thursday, played host to Muhammadu Sanusi 11 (CON), the 14th Emir of Kano at the Executive Council...

NNPC, NPDC, Oil Firms Yet To Remit $22b, N482bn Since 2010-...

The Nigeria Extractive Industries Transparency Initiative, NEITI, Tuesday, stated that for eight years, the Nigerian National Petroleum Corporation, NNPC, the Nigerian Petroleum Development Company, NPDC,...

Senators Differ On $3.5b NNPC Subsidy Fund

Senators, Tuesday, differed on a $3.5 billion budget recovery fund allegedly spent by the Nigerian National Petroleum Corporation, NNPC. During the plenary, two senators of...

NNPC Earns $416m From Oil, Gas Export In A Month

The Nigerian National Petroleum Corporation, NNPC, Thursday said its earnings from crude oil and gas export appreciated by 35.78 per cent to $416.07 million in...

NNPC’s Trading Surplus Hits N18b, Over Higher Oil Sales, Others

The Nigerian National Petroleum Corporation, NNPC, Monday, attributed the rise in its trading surplus in the month of May 2018 to the improvement in...

FG Okays $64m Contract For Escravos Power Supply

The Federal Government, Wednesday, announced approval of  $64 million for power supply to Escravos communities in Delta State. This is even as the government assured...

Nigeria Needs Highly Educated, Competent President–Govs Dickson, Tambuwal

Governor Seriake Dickson of Bayelsa State and his Sokoto counterpart, Aminu Tambuwal, Wednesday, advocated that Nigeria needs "a highly educated and competent President," noting...
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