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Outrage Over NNPCL’s N17.5trn Pipeline-Security Cost

Outrage Over NNPCL’s N17.5trn Pipeline-Security Cost

Fresh disclosures from the Nigerian National Petroleum Company Limited (NNPCL), indicating that the national oil company booked N17.5 trillion in a single year on pipeline protection, energy-security costs and fuel under-recovery have triggered a nationwide…

Dangote Refinery Withdraws N100bn Lawsuit Against NNPCL, Others

Dangote Refinery Withdraws N100bn Lawsuit Against NNPCL, Others

Dangote Petroleum Refinery and Petrochemicals on Tuesday withdrew its lawsuit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Nigerian National Petroleum Company Limited (NNPCL), and five other petroleum companies. The case, filed…

JUST-IN: NNPCL Spokesperson, Soneye Resigns

JUST-IN: NNPCL Spokesperson, Soneye Resigns

The spokesperson of the Nigerian National Petroleum Company Limited (NNPCL), Olufemi Soneye, has resigned from his position. Soneye, a Chief Corporate Communications Officer of the NNPCL, announced his departure in a Facebook post on Saturday,…

SERAP Sues NNPCL Over Unaccounted N500bn Crude Oil Funds

SERAP Sues NNPCL Over Unaccounted N500bn Crude Oil Funds

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL) over the failure to account for the whereabouts of the sum of N500bn. In a statement…

NNPCL Announces Shutdown Of P’Harcourt Refinery

NNPCL Announces Shutdown Of P’Harcourt Refinery

The Nigerian National Petroleum Company Limited (NNPCL) on Saturday officially announced the shutdown of the Port Harcourt Refining Company. The NNPCL Chief Corporate Communications Officer, Olufemi Soneye, in a statement made available to New Telegraph,…

Ex-NNPCL Boss, Kyari Dismisses EFCC Arrest

Ex-NNPCL Boss, Kyari Dismisses EFCC Arrest

The immediate past Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari,  has debunked rumours alleging that he is in the custody of the Economic and Financial Crimes Commission(EFCC).…

NNPCL Blames Buguma Wellhead Fire On Activities Of Vandals

NNPCL Blames Buguma Wellhead Fire On Activities Of Vandals

The Nigeria National Petroleum Company Limited (NNPCL) has once again clarified that the fire explosion at its Buguma Wellhead in River State was an act of vandalism. New Telegraph reports that the NNPCL clarification is…

Top 15 Weekly Business News Roundup For Latest Nigeria News

Top 15 Weekly Business News Roundup For Latest Nigeria News

Here is New Telegraph’s weekly business news roundup of the top 15 latest Nigerian news making headlines from Monday, January 13 to Saturday, January 18, 2025. BREAKING: Dangote Refinery Raises Petrol Price To N955/Litre Dangote Petroleum…

NNPC GCEO, Kyari Reflects On Journey From Almajiri To Leadership

NNPC GCEO, Kyari Reflects On Journey From Almajiri To Leadership

Group Chief Executive Officer (GCEO) of NNPC Ltd, Mele Kyari, marked his 60th birthday with a heartfelt message reflecting on his life journey, achievements, and gratitude. Kyari, who transitioned from an Almajiri school pupil to…

Nigerians Decry High T.Fares Despite Petrol Price Reduction

Nigerians Decry High T.Fares Despite Petrol Price Reduction

Nigerians have taken to their social media platforms to express their frustration as transport fares remain high despite a recent reduction in petrol prices. This situation which sparked debate across platforms on Monday, January 6, saw…