BUSINESS

NNPCL Boosts Crude Supply to Dangote Refinery Amid Global Price Surge

Daily Dispatch April 2, 2026

The Nigerian National Petroleum Company Limited (NNPCL) has increased its crude oil allocation to the Dangote Petroleum Refinery to seven cargoes for May, up from the five cargoes supplied in previous months. The move comes against the backdrop of rising global fuel prices triggered by supply

COLUMNS

NNPC: Nigerian National Plundering Corporation

Daily Dispatch February 27, 2026

By Tunde Odesola (Published in THE PUNCH, on Friday, February 27, 2026) Bordered to the west, east and north by Benin, Niger, Chad and Cameroon, Prodigal Land sits southwardly on the banks of the Atlantic Ocean, thrashing its dirty feet in saltwater. There are four gigantic dairy farms spread across Prodigal Land. One is in […]

BUSINESS

Nigeria to Harness Gas Resources to Power Africa’s Growth — Ojulari

Daily Dispatch February 5, 2026

Nigeria is positioning natural gas as the cornerstone of its energy transition and industrialisation strategy, with plans to leverage its vast gas reserves to drive Africa’s economic growth and improve electricity access across the continent. The Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, stated this on Tuesday while speaking at the […]

BUSINESS

Ojulari: Reopening PH refinery was costly mistake for Nigeria

Daily Dispatch February 4, 2026

The Group Chief Executive Officer of NNPC Limited, Engr. Bayo Ojulari, has admitted that the reopening of the Port Harcourt Refinery resulted in significant financial losses, describing the move as an inefficient use of public funds due to the company’s limited capacity to operate refineries profitably. Ojulari made the disclosure on Wednesday while speaking at […]

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 the company’s accelerated transformation driven by stricter operational

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 […]