Oil & gas

Ex-NNPCL Boss Kyari Denies EFCC Arrest, Says He’s on Break

Former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has debunked widespread reports suggesting he was arrested by...

₦80bn Found in Sacked Refinery MD’s Accounts Amid $3bn Fraud Probe

The Economic and Financial Crimes Commission (EFCC) has uncovered ₦80 billion in bank accounts linked to one of the recently dismissed managing directors of...

Petrol landing cost now N870, higher than Dangote’s price

The landing cost of Premium Motor Spirit (petrol) has now averaged N870 per litre, reports by the Major Energies Marketers Association of Nigeria have...

$300,000 Guarantee Secures Release of Ship Detained by Dangote

The Federal High Court in Lagos has ordered the release of the oil tanker MT Stena Sunshine, which was allegedly detained without legal basis...

NNPCL to undergo forensic audit soon – Edun

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that a forensic audit of the Nigerian National Petroleum Company...

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