NNPC Archives — Page 6 of 13 — City Business News

June 16, 2020 No Responses

Expert To FG: List NNPC On Stock Exchange

The federal government has been urged to prioritise the listing of the Nigerian National Petroleum Corporation (NNPC) on the Nigerian Stock Exchange (NSE) as part of its Economic Sustainability Plan. Uche Uwaleke, Professor of Capital Market at the Nasarawa State...

June 5, 2020 No Responses

PPPRA Removes Price Cap On Petrol

The Petroleum Products Pricing Regulatory Agency (PPPRA) has removed the cap on the price of Premium Motor Spirit (PMS) also known as petrol. The agency made the disclosure in a document it released in Abuja on Thursday entitled, ‘’Market Based...

June 5, 2020 No Responses

NNPC To Deepen Business Portfolios In Power, Medical

The Nigerian National Petroleum Corporation (NNPC) is firming up business portfolios in the power, medical, housing and other sectors that would strengthen the profitability of the state owned oil company. The corporation said in a statement on Thursday that t...

May 19, 2020 No Responses

CBN, NNPC Vote N1b For Returnees Quarantine

The Central Bank of Nigeria (CBN) and the Nigerian National Petroleum Corporation (NNPC) have resolved to pick the feeding and hotel bills of Nigerians stranded abroad as a result of Coronavirus, but who are desirous of returning home. They will...

March 29, 2020 No Responses

NNPC Assures Nigerians Of Steady Fuel Supply

The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians of adequate fuel supply following implementation of sit-at-home order in some states to contain the spread of the COVID-19. Mr Mele Kyari, Group Managing Director, NNPC, who g...

February 19, 2020 No Responses

Nigeria Loses $750m To Oil Theft In 2019

Nigeria lost about 750 million dollars to oil theft in 2019, the Nigerian National Petroleum Corporation (NNPC), said on Tuesday .The NNPC Group Managing Director, Malam Mele Kyari, disclosed this in a statement signed by the Acting spokesman for the...

February 10, 2020 No Responses

NNPC Records 16% Increase In Gas Supply To Gas-Powered Plants

The daily average natural gas supply to gas-powered plants in November 2019 increased by 16.53 per cent to 645 mmscfd, the Nigerian National Petroleum Corporation (NNPC) has said The Corporation disclosed this in its Monthly Financial and Operations Reports (M...

January 19, 2020 No Responses

NNPC Boss Lauds Lee Engineering Over Construction Of 150 Million Metric Storage

The Group Managing Director, Nigeria National Petroleum Corporation (NNPC) Mr. Mele Kyari has commended Lee Engineering and Construction Company for the execution of the Atlas Cove Depot Optimization Project for the NNPC. The Atlas Cove Depot Optimizatio...

December 19, 2019 No Responses

Mandilas, NNPC Unveil Quick-Service Centre In Abuja

As the count-down begins to next year’s Mandilas’ 70th anniversary of doing business and providing services in Nigeria, the Group has reiterated its commitment to the economy and its teeming customers in all parts of the country. The management has...

December 16, 2019 No Responses

NNPC Declares N5.20b Trade Surplus

The Nigerian National Petroleum Corporation (NNPC) said it made ₦5.20billion trading surplus for the month of August, reflecting an increase of 22 per cent compared with the ₦4.26 billion surplus posted in July. The corporation disclosed this in its Monthl...

November 28, 2019 No Responses

NNPC, Firm Seal Abuja-Kaduna-Kano Pipeline Project Deal

The Nigerian National Petroleum Corporation (NNPC), China Petroleum Pipeline Engineering Company Limited (CPPECL) and Brantex Consortium, have concluded plans for the commencement of work on the Abuja-Kaduna-Kano Pipeline (AKK) project. The Group Managing Dire...

November 13, 2019 No Responses

Kyari Tasks NNPC Retail On Unadulterated Products

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, has challenged the board and managementg of NNPC Retail Limited to ensure the delivery of unadulterated products to motorists nationwide. K...

November 2, 2019 No Responses

14 Firms Bid For OML 119 Redevelopment Financing

The Nigerian National Petroleum Corporation (NNPC) has publicly opened bids from 14 companies for the financing and redevelopment of Oil Mining Lease (OML) 119. The Corporation disclosed this in a statement issued by its Acting spokesman, Mr Samson Makorji, in...

October 21, 2019 No Responses

NNPC Reiterates Commitment To Deliver Value In Oil, Gas Sector

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to deliver value across the entire value chain of the oil and gas industry for the benefit of Nigerians. NNPC Group Managing Director, Malam Mele Kyari ,gave the assurance in...