Category NNPCL

Depots lower petrol price to ₦880.5

The average price of petrol charged by private depots and Dangote Refinery yesterday fell to N880.5 per litre from N881.5 as competition heightened in the downstream sector.  Private depots, namely Matrix, A.Y.M Shafa and Sigmund Zamson, operating mainly in Warri,…

NNPC Confirms Fuel Price Hike to N955 Per Litre

The price of Premium Motor Spirit, PMS, otherwise known as petrol, yesterday, increased by 6.8 percent to N955 per litre, from N890 per litre sold last week. The press, gathered that stations of the Nigerian National Petroleum Company Limited, NNPCL,…

FG Appoints NNPC MD as OPEC Representative

The Nigerian National Petroleum Corporation has congratulated Maryamu Idris on her appointment as Nigeria’s National Representative to the Organisation of the Petroleum Exporting Countries. Announcing the development in an official statement on its X handle on Wednesday, NNPC said Idris’s…

NNPCL Confirms Port Harcourt Refinery Shutdown

The Nigerian National Petroleum Company Limited has officially announced the shutdown of the Port Harcourt Refining Company. According to the NNPC Chief Corporate Communications Officer, Olufemi Soneye, the shutdown will commence on Saturday, May 24. “NNPC Ltd wishes to inform…

Tinubu Tasks New NNPC Board to Revitalize Economy

President Bola Tinubu has urged the new Nigerian National Petroleum Company Limited (NNPC Ltd) board to consolidate the gains of the ongoing economic reforms, which have attracted commendations for the resilience and competitiveness of the Nigerian economy. The President gave…