NNPC Records ₦3.494 Trillion Profit in Nine Months as September Earnings Rise 18.1%
The Nigerian National Petroleum Company Limited (NNPC Limited) has recorded a cumulative profit after tax of ₦3.494 trillion for the...
Tag Archives: #OilAndGas
NNPC Considers Selling 10% Stake Through Proposed Lagos IPO
The Group Chief Executive Officer of NNPC Limited, Bashir Bayo Ojulari, disclosed the proposal in an interview with Reuters on...
NNPC Revenue Falls 28.3% to N33.15tn in Nine Months as Federation Account Payments Reach N11.14tn
An analysis of NNPC's monthly financial reports showed that the company generated N33.152tn between January and September 2026, compared with...
NNPC Remits ₦11.14 Trillion to Federation Account as Nine-Month Revenue Falls to ₦33.15 Trillion
The Nigerian National Petroleum Company Limited (NNPC) remitted ₦11.14 trillion to the Federation Account between January and September 2026, according...
NNPC Eyes 10% Equity Sale, London and New York Listings
The Nigerian National Petroleum Company Limited (NNPC) is considering a 10 per cent equity sale and possible listings on international...
Nigeria and France Seek Increased Investment in Oil and Gas Sector
Nigeria and France are seeking to strengthen economic cooperation and attract increased investment into Nigeria's oil and gas industry, as...
Oando Reports 9% Revenue Growth to ₦2.78 Trillion as Production Rises 14% in 9M 2026
Oando Plc has reported a 9 per cent increase in revenue to ₦2.78 trillion for the nine months ended September...
Seven Modular Refineries to Begin Operations in Nigeria in 2027
Nigeria's modular refining sector is expected to expand in 2027, with seven additional refineries projected to commence operations with a...
NUPRC Deploys Digital Emission Tracker to Strengthen Methane Monitoring in Nigeria
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has deployed a digital platform designed to improve the monitoring and reporting of...
Five Missing After Offshore Drilling Platform Sinks off Gabon
Five people have been reported missing after a large offshore drilling platform sank into the sea off Gabon's southern coast,...