Category : Search result: NNPC reforms


Tinubu Nominates Oritsemeyiwa Eyesan as NUPRC CEO

President Bola Tinubu nominates Oritsemeyiwa Eyesan, an NNPC veteran with 33 years of experience, as the new Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Discover her career journey and strategic impact on Nigeria's oi

Nigeria Wins $285m Award Against TotalEnergies

A tribunal orders TotalEnergies to pay $285.2m to NNPC, closing a decade-long oil dispute. This landmark ruling redefines corporate accountability and contract enforcement in Nigeria's energy sector. Read the full analysis.

NNPC Slashes Petrol Price by N20 Nationwide

The NNPC has reduced petrol pump prices by at least N20 across Nigeria, with new rates from N895 to N965 per litre. Depots in Lagos, Port Harcourt, Warri, and Calabar also adjust prices following new PMS arrivals.

Dangote Refinery Slashes Diesel Price to N910/Litre

Dangote Refinery reduces diesel price to N910 per litre, a 4.21% drop, offering relief to Nigerian industries and transport ahead of Christmas. Driven by global crude trends and improved NNPC supply.

NNPC's ₦5.4trn Profit Shows Impact of Reforms

NNPC Limited's record ₦5.4 trillion profit for 2024 is hailed as proof of successful reforms under Bayo Ojulari. Discover how operational discipline and commercial changes are reshaping Nigeria's oil and gas sector.

Dangote Slashes Petrol Price to N840/Litre for Christmas

Dangote Refinery reduces petrol ex-depot price to N840/litre, triggering competitive cuts among depot owners. The move follows NNPC's price adjustment and a global crude oil price crash to $60 per barrel. Read more on the festive season relief.

Stock Market May Reach N262 Trillion in 2026

Bismarck Rewane predicts Nigerian stock market capitalization could surge to N262 trillion next year, driven by major listings like Dangote Refinery and NNPC. Discover the growth trajectory.

$300,000 Donation Sustains Cancer Treatment in Abuja

NNPC/Renaissance JV provides $300,000 to maintain radiotherapy machine at National Hospital Abuja, ensuring continuous cancer treatment for over 2,000 patients. Read how this impacts healthcare.

98% of Nigerian Workers Exempt from Income Tax

Nigeria's new tax reforms will exempt 98% of workers from personal income tax starting January 2026. Learn how SMEs and low-income earners benefit from VAT exemptions and other incentives.

Mutfwang Absorbs Long-Serving Plateau Ad-hoc Staff

Plateau State Governor Caleb Mutfwang has officially absorbed hundreds of long-serving ad-hoc staff in state-owned tertiary institutions, ending years of employment injustice and promising educational reforms.

ACCI Calls for More Engagement on New Tax Laws

The Abuja Chamber of Commerce urges the Federal Government to increase stakeholder engagement for the successful implementation of new tax reforms set for 2026. Learn more about the key changes.

IMF Urges Germany to Enact Pro-Growth Reforms

The IMF calls for Germany to implement pro-growth structural reforms alongside increased public spending to ensure sustained economic recovery. Learn more about the challenges facing Europe's top economy.

Tinubu Hails Ex-NNPC GMD Gaius-Obaseki at 80

President Bola Tinubu celebrates former NNPC GMD Dr. Jackson Gaius-Obaseki's 80th birthday, praising his decades of service in Nigeria's oil and gas sector. Read more about his remarkable career.

FG: Livestock Reforms Gains Coming Soon

Federal Government assures Nigerians that livestock sector partnerships will soon show visible results, aiming to grow the industry from $32B to $74B by 2035 through strategic reforms.

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