Category : Search result: NNPC fraud


Outrage Over NNPC Debt Write-Off by President

President's decision to write off $1.42bn and N5.57tn NNPC debt faces legal scrutiny. Nigerians urged to demand accountability and reversal from National Assembly. #Nigeria #NNPC

Airport Police Nab Suspect in N1bn Romance Fraud

A 20-year-old man was arrested at MMIA Lagos over a massive international romance and celebrity fraud scheme exceeding ₦1 billion. Read the full details of the police operation.

Court Orders Forfeiture of N30.7m in NNPC Fraud

A Federal High Court in Abuja has granted an interim forfeiture order for N30.7 million linked to alleged fraud involving NNPC officials. The EFCC traced the funds to a BDC operator.

Court forfeits N30.7m in NNPC fraud probe

A Federal High Court in Abuja has ordered the interim forfeiture of N30.7 million linked to alleged fraud involving NNPC officials. The EFCC traced funds through a bureau de change operator. Read the full details.

NNPC Announces New Petrol Prices Across Nigeria

NNPC reduces petrol pump prices nationwide, with Abuja at N815 and Lagos at N785 per litre. Dangote Refinery's stable pricing drives the welcome relief for Nigerian motorists.

NNPC remits N12.1trn, reports N502bn profit in 2025

NNPC Limited remitted N12.117 trillion to the Federation Account in ten months, reporting strong revenue and profit growth. Oil production held steady as key gas pipeline projects near completion.

NNPC Records N4.36tr Revenue, N502bn Profit

NNPC Ltd announces N4.36 trillion revenue and N502 billion profit for November 2025, driven by increased oil production. Discover the full financial and operational breakdown.

NNPC Debt Waiver: Only Penalties Forgiven

Clarification emerges that NNPC's $1.42bn and N5.57tr debt waiver covered only interest and penalties, not core royalties. CHRICED slams the move as reckless and opaque.

NNPC Lists Top Assets for Sale, Opens Bidding Process

NNPC launches a formal bid to sell stakes in key oil and gas assets. This strategic divestment aims to attract investors, boost production, and reshape Nigeria's energy sector under the PIA reforms.

NNPC Sells Stakes in Oil Assets, Bids Open

NNPC Limited invites bids for stakes in key oil and gas assets. Registration deadline is January 10, 2026. PENGASSAN confirms the strategic divestment plan.

NNPC Fully Restores Escravos-Lagos Gas Pipeline

The NNPC has successfully restored the Escravos-Lagos Pipeline System after a December explosion. Read how this swift action secures Nigeria's gas supply for power and industry.

AKK Gas Pipeline to Start Operations in Early 2026

Nigeria's $2.8 billion Ajaokuta-Kaduna-Kano gas pipeline is on track to begin operations in early 2026, promising to transform energy supply and industrial growth in the north. NNPC targets $30 billion in oil and gas investments by 2030.

NNPC Scores Zero in ICPC 2025 Anti-Corruption Assessment

Nigeria's NNPC scored zero in ICPC's 2025 Ethics and Integrity Scorecard, ranking last among 357 agencies. This shock result raises major governance concerns despite the oil company's recent profit announcements.

Fuel Prices Crash by N153/Litre, NBS Data Reveals

Nigerians get relief as petrol prices fall by N153 per litre to N1,061.35. Dangote Refinery and NNPC drive competition, but state disparities remain high. Find out the cheapest and costliest states.

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