NNPC

NNPC Records Historic Breakthrough as OB3 Gas Pipeline Crosses River Niger

April 30, (THEWILL) — Nigeria’s drive towards energy security and industrial expansion received a major boost on Thursday as the Nigerian National Petroleum Company (NNPC) Limited, announced the successful completion of the technically challenging River Niger Crossing on...

We’re Not Selling Refinery Equipment, Components – NNPC Cautions Public Against Fraudsters

April 24, (THEWILL) — The Nigerian National Petroleum Company (NNPC) Limited, has dismissed reports alleging that it is selling refinery equipment, components, or scrap materials, warning members of the public to beware of fraudsters exploiting such claims. In a...

NNPC Eyes IPO, Targets Listings in New York and London

March 30, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC Ltd) has unveiled plans to list the national oil company on major international stock exchanges as part of reforms aimed at transforming it into a globally competitive...

NNPC Eyes Additional 100,000bpd As Nigeria Targets 1.8mbpd Crude Output In 2026

March 24, (THEWILL) — Nigeria could raise its crude oil production by an additional 100,000 barrels per day (bpd) in the coming months as efforts to ramp up capacity begin to yield results, according to the Group Chief...

NNPC Secures Presidential Approval to Unlock $20bn Bonga Southwest Deepwater Project

March 10, (THEWILL) — The Nigerian National Petroleum Company (NNPC) Limited, has secured presidential approval for a targeted fiscal incentive designed to unlock the long-awaited Final Investment Decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater project, a...

NNPC Revenue Drops to ₦2.57trn in January 2026

March 09, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a sharp decline in revenue in January 2026, with earnings falling to ₦2.57 trillion from ₦4.82 trillion reported in December 2025, according to the company’s latest...

Nigeria’s NNPC Sustains Profit Streak with $4.2 Billion 2025 Earnings

February 13, (THEWILL) — Nigeria’s state-owned oil company, the Nigerian National Petroleum Company Ltd (NNPC Ltd), reported a profit after tax of 5.76 trillion naira ($4.26 billion) for the full year 2025, underlining strong financial performance amid ongoing volatility...

Temporary Gas Supply Dip as Seplat Begins Maintenance, NNPC Assures Minimal Power Impact

February 12, (THEWILL) — The Nigerian National Petroleum Company (NNPC) Limited has assured Nigerians of minimal impact on electricity supply as Seplat Energy Plc begins scheduled routine maintenance on its gas production facilities. The maintenance, which commenced today, February...

After $18bn Rehab, NNPC Admits Nigeria’s Four Refineries Ran At Monumental Loss

February 04, (THEWILL) — The Nigerian National Petroleum Company (NNPC) Limited has admitted that Nigeria’s four state-owned refineries operated at a monumental loss despite about $18 billion spent on their rehabilitation, a development that informed the decision to shut...

SERAP Sues NNPC Over Alleged Failure To Account For N22.3bn Oil Funds

February 01, (THEWILL) — The Socio-Economic Rights and Accountability Project (SERAP) has instituted a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over its alleged failure to account for missing or diverted oil revenues amounting to N22.3 billion,...
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Footballers Call For Change At Fifa As Gianni Infantino Faces Growing Pressure

group of current and former footballers has publicly called for change at the top of world football, saying major decisions are being made without enough consideration for players or supporters.
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