Our reporter/ The Nigerian National Petroleum Corporation (NNPC) Limited no longer owns a 20% stake in Dangote Refinery, Aliko Dangote, the chief executive officer of Dangote refiney said on Sunday.…
Read More NNPC now owns 7.2% of Dangote Refinery, not 20%, says Aliko DangoteTag: #NNPC
NNPC seeks new oil-backed loan to boost finances
The Nigerian National Petroleum Corporation (NNPC), is in talks for another oil-backed loan to boost its finances and allow investment in its business. Mele Kyari, the chief executive officer of…
Read More NNPC seeks new oil-backed loan to boost financesNNPC blames logistics, flooding for return of fuel queues
The Nigerian Nigerian Petroleum Company Limited (NNPCL), on Monday blamed resurfacing of fuel queues in some parts of the country on the disruption of ship-to-ship (STS) transfer of Premium Motor…
Read More NNPC blames logistics, flooding for return of fuel queuesNigeria’s CNG journey has commenced and is irreversible, Says Kyari
…As NNPC plans to build three LNG stations, 100 CNG sites The Group Chief Executive Officer of NNPC Limited Mallam Mele Kyari has declared that the drive to bring Compressed…
Read More Nigeria’s CNG journey has commenced and is irreversible, Says KyariSome traders back out as Nigeria’s fuel import debt hits $6 billion – Report
Nigeria’s debt to gasoline suppliers has surpassed $6 billion – doubling since early April – as state oil firm NNPC struggles to cover the gap between fixed pump prices and international fuel…
Read More Some traders back out as Nigeria’s fuel import debt hits $6 billion – Report
