Home Posts tagged NNPC (Page 6)
BUSINESS

Price of petrol will keep going down- Bismarck Rewane

Bismarck Rewane, Managing Director of Financial Derivatives Company Limited, has forecasted that the price of premium motor spirit, commonly known as petrol, will keep decreasing until June 2025.Both Dangote Refinery and the Nigeria National Petroluem Company Limited (NNPCL) have crashed the cost of the essential commodity in recent weeks, easing the pressure on millions
BUSINESS

NNPC free to import fuel if necessary – NMDPRA

…..Says local refineries met 50 percent national consumption requirement in February The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), on Wednesday, stated that there is no law that prohibits Nigerian National Petroleum Company Limited (NNPCL) from importing when necessary. The NMDPRA, while saying that all the petroleum products imported
NEWS

NNPC mourns Niger tanker explosion victims

Nigerian National Petroleum Company Limited (NNPC Ltd) extends its heartfelt condolences to the victims of the tragic petrol tanker explosion that occurred at Dikko-Maje Junction along the Abuja-Kaduna Road in Suleja local governmentarea of Niger State on Saturday. This devastating incident claimed the lives of several individuals who were attempting to scoop fuel from a
BUSINESS

NNPC reduces pump price of PMS by N15.

The Petroleum Products Retail Outlet Owners Association (PETROAN) has announced that the Nigerian National Petroleum Company Limited (NNPCL) has lowered the price of Premium Motor Spirit (PMS) for marketers, reducing it from ₦1,045 to ₦1,030 per litre. This update was shared by PETROAN’s National President, Dr. Billy Harry, during a strategic meeting and award event […]
BUSINESS

NNPC, Dangote Refinery seal 10-year gas supply deal

The NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company (NNPC) Limited, has successfully executed a Gas Sale and Purchase Agreement (GSPA) with Dangote Petroleum Refinery and Petrochemicals FZE. The agreement, signed by the Managing Director, NGML, Barr. Justin Ezeala and the President/CEO of the Dangote Group, Aliko Dangote on