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$3.3bn loan-for-crude: FG gets $925m lifeline as naira trades 1,481/$

As the naira continues to weaken near the 1,500/dollar band at the official and parallel foreign exchange market, the Federal Government has received a lifeline of $925m from the Afrieximbank to boost the forex market and meet its dollar obligations. ....

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Petrol hits N800 as 240 million-litre vessels arrive

The NNPCL on Monday began offloading 240 million litres of Premium Motor Spirit, otherwise called petrol, as it stepped up efforts to tackle the worsening nationwide petrol scarcity. ....

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Oil theft: 6,465 illegal refineries destroyed since 2022

The Nigerian National Petroleum Company Limited on Wednesday said it has deactivated about 6,465 illegal refineries ....

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No plan to hike fuel price — NNPCL

The Nigerian National Petroleum Company Limited on Thursday said it was not planning to increase the cost of Premium Motor Spirit, known as petrol. ....

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5,000km of oil pipelines vandalised — NNPCL boss

5,000km of oil pipelines vandalised NNPCL boss. The Chief Executive Officer of the company, Mele Kyari, made the submission ....

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