Business Hilights

Tracking Nigeria's Headline Business News Online

Nigerian National Petroleum Corporation

Why Sylva led Nigeria’s investment meetings in the US

More facts have emerged on the team of Nigerian top government officials at the US-Nigeria Binational Commission Meeting held in Washington DC earlier this week. It was that gathered that the Minister of State for Petroleum Resources, Chief Timipre Sylva…

As Baru exits without answer for refineries, can Kyari change the narrative?

First, he (outgoing GMD of Nigerian National Petroleum Corporation, NNPC, Dr Maikanti Baru) started in 2016, by telling Nigerians that his leadership will carry out Turnaround maintenance (TAM) that will jump the installed capacities of all four refineries to highest…

‘233% rise in pipeline vandalism in January caused disruptions in gas supplies to power plants’

The Nigerian National Petroleum Corporation (NNPC) has given more insights into the reasons behind the dropping supplies of power across the federation. In a statement, the corporation said the rate of pipeline vandalism in the country increased by 233 per…

NNPC explains adjustment that led to new bridging cost, says no petrol price hike

The Nigerian National Petroleum Corporation (NNPC) has explained the source of the N1.00 added to the Petroleum Tanker Drivers (PTD) for the Petroleum transport bridging cost. It would be recalled that after the first day of their strike on Monday,…