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Saving the Naira: NNPC Ltd gets $3 billion emergency crude repayment loan

The Nigerian National Petroleum Company Limited (NNPC Ltd) and Afreximbank have jointly signed a commitment letter and term sheet for an emergency three billion...

Confirmed: Nigerians to pay about 300% more for fuel

As earlier speculated by Everyday.ng, it is now official that Nigerians in different geopolitical zones and states will pay between 280 and 300% more...

Unbelievable: NNPC blames fuel scarcity 7 days after election on restrictions during elections

Seven days after the presidential and National Assembly elections, the Nigerian National Petroleum Company Ltd. (NNPCL) is attributing fuel queues that emerged in Abuja...

Ararume’s N100B suit against Buhari stalled; President, NNPCL fight back

Hearing in the N100Bn suit instituted against President Muhammadu Buhari by Senator Ifeanyi Ararume over his removal as Chairman of the Nigeria National Petroleum...

The big oil theft and fraud: Customs boss, Chief of Naval Staff and matters arising (+Video)

A recent interview granted by the Chief of Naval Staff, Vice Adrian Awwal Gambo; and comments by the Comptroller-General (CG) of the Nigerian Customs...

New NNPC will guarantee energy security, says Buhari

NEW NNPC WILL GUARANTEE NATIONAL ENERGY SECURITY, PRESIDENT BUHARI DECLARES AT UNVEILING OF AFRICA’S LARGEST NATIONAL OIL COMPANY President Muhammadu Buhari Tuesday in Abuja unveiled...

How NNPC Has Been Diverting N4.2 trillion, Inflating Fuel Consumption Figure By 50 million Litres

The Nigerian National Petroleum Corporation (NNPC) has been accused of using the subsidy regime to divert about $10 billion. But where has this huge sum...

Day 3 of Abuja fuel queues: Residents grumble as NNPC offers excuses, assurance

It began mildly on Saturday with a few cars, but by evening, the queues elongated as motorists in panic trooped to filling stations to...

Court Orders CBN To Release Mobil’s, NNPC’s N82bn Judgment Debt To Akwa Ibom Oil Communities.

By Yemi Oyeyemi, Abuja A Federal High Court Abuja in Abuja on Monday granted a garnishee order absolute, mandating the Central Bank of Nigeria to...

Kaduna Software Engineer Forfeits N100m Properties To FG, Convicted

EFCC Secures Conviction of Software Engineer, Forfeits Over N100m Properties The Kaduna Zonal Command of the EFCC, on Wednesday, February 23, 2022 secured the conviction...

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