BUSINESS

Breaking: NNPC E&P Limited records highest output in 36 years, hits 355,000 bpd

Daily Dispatch December 9, 2025

NNPC E&P Limited (NEPL), the upstream arm of NNPC Limited, has achieved a historic production milestone, hitting 355,000 barrels of oil per day on December 1, 2025—its highest daily output since 1989. The breakthrough marks a major leap forward for Nigeria’s upstream industry and highlights

BUSINESS

Breaking: NNPC Limited declares ₦5.4 trn profit after tax

Daily Dispatch November 24, 2025

… As Ojulari Pledges Strategic Investments to Sustain Growth into Next Decade NNPC Limited has announced its financial performance for the full year ended 2024, reporting a Profit After Tax of ₦5.4 trillion on revenue of ₦45.1 trillion. The results, shared during its earnings call with analysts, underscore a year of strong operational delivery. Building […]

BUSINESS

Senate directs NNPCL to remit N210 trillion missing funds into Federation Account

Daily Dispatch November 12, 2025

The Senate has rejected the explanations provided by the Nigerian National Petroleum Company Limited (NNPCL) regarding the N210 trillion outstanding against the oil firm. It came to the conclusion on Wednesday that the money, which had not been accounted for, must be refunded to the Federation Account by the company. The Senate Committee on Public […]

BUSINESS

NNPCL weighs overhaul, repurposing options for refineries

Daily Dispatch October 29, 2025

The Nigerian National Petroleum Company Limited has said it is assessing the operational and commercial viability of its three major refineries in Port Harcourt, Warri, and Kaduna to determine whether to overhaul or repurpose them for enhanced efficiency and profitability. According to the company, the ongoing technical and commercial review is part of a broader […]

BUSINESS

NNPC Ltd reaffirms commitment to Downstream Infrastructure Growth

Daily Dispatch October 29, 2025

The Nigerian National Petroleum Company Limited (NNPC Ltd) has renewed its commitment to strengthening and expanding Nigeria’s downstream oil and gas infrastructure to enhance collaboration, efficiency, and sustainability across the sector. Group Chief Executive Officer, Engr. Bayo Ojulari, made this known, he was represented at the 2025 OTL Africa Downstream Energy Week

NEWS

NNPC Ltd Hails President Tinubu on Ekperikpo, Mshelbila’s Emergence as Chairman, Secretary General of GECF

Daily Dispatch October 23, 2025

NNPC Ltd has congratulated President Bola Ahmed Tinubu for his role in the emergence of Nigeria’s candidate Dr. Philip Mshelbila, Managing Director of Nigeria LNG Ltd as the new Secretary General of the Gas Exporting Countries Forum (GECF), describing it as a historic moment for Nigeria and a testimony to the Federal Government’s Gas Agenda […]