[Premium Times] The CBN has provided enhanced digital platforms for all transactions and has established specific limits to manage NNPCL transactions, the statement said.
Author Archive for: AllAfrica News: Petroleum
Entries by AllAfrica News: Petroleum
[Premium Times] "NNPC Ltd urges Nigerians to disregard unfounded rumours and assures them that there are no plans for an upward review of the PMS price," NNPCL said.
[Premium Times] Some members of the Niger Delta communities affected by the 2011 Bonga oil spill staged a protest at the Federal Ministry of Justice in Abuja, demanding the enforcement of the award against oil giant, Shell.
[Daily Trust] Despite having crude oil in abundance, Nigeria has consistently failed to meet oil production targets as stipulated in national budgets over the last 10 years, investigations by Daily Trust have shown.
[Leadership] Former vice president Atiku Abubakar has said the directive by the federal government for the Central Bank of Nigeria (CBN) to take over the responsibility for crude oil sales proceeds from the Nigerian National Petroleum Company Limited (...
[Daily Trust] On January 15, 2025, the Nigerian National Petroleum Company Limited (NNPCL), the formerly government-owned corporation, which transformed to a limited liability company in July 2022, but still owned by the government, launched a tender s...
[Premium Times] An official said that parties involved in the deal were negotiating to end the more than 28 years crisis and litigation surrounding the prolific Malabu oil block located in southern Niger Delta in the next one month.
[Premium Times] NSCDC says the suspects disguised as a joint task force of a security agency and were found with a truck conveying about 45,000 litres of diesel to an unknown destination without requisite documents.
[Vanguard] Owerri -- Over 30 bodies were said to have burnt to ashes after a tanker suspected to be used by oil bunkers exploded in the forest of Obitti, Ohaji/Egbema Local Government Area of Imo State.
[Vanguard] Abuja-The Group CEO of the Nigerian National Petroleum Company Limited, Mr. Mele Kyari, has assured transport owners that the challenging business environment in haulage of petroleum products across the country would end soon.
