NNPC

NNPC, NCDMB, IOCs Sign MoU To Reduce Contracting Cycle

September 25, (THEWILL) – The Nigerian National Petroleum Company (NNPC) Limited, Nigerian Content Development and Management Board (NCDMB) and International o Oil companies (IOCs) operating in the country have signed a Memorandum of Understanding (MoU) to reduce the cycle...

NNPCL Retires Tombomieye, Two Other Executive Vice Presidents

September 17, (THEWILL) - The Nigerian National Petroleum Company (NNPC) Limited has effected the retirement of three Executive Vice Presidents (EVPs). While the retirement affected senior management staff, who are due for retirement in 2024, THEWILL gathered that the...

NNPC Denies Opposing Sale of NAOC Shares to Oando

September 7, (THEWILL) – The Nigerian National Petroleum Company (NNPC) Limited has denied reports that it is opposed to the sale of the shares of Nigerian Agip Oil Company Limited (NAOC) to Oando Plc. The clarification follows media...

Agip-Oando Acquisition Deal Suffers Setback As NNPCL Moves to Invalidate Transaction

September 6, (THEWILL) – The recent agreement by Oando Plc with Eni to acquire 100 percent stake in its (Eni’s) subsidiary – Nigerian Agip Oil Company (NAOC) Limited – may have suffered a setback as the Nigerian National Petroleum...

EXCLUSIVE: In Desperate Bid To Remain In Office, Mele Kyari Fast-Tracks IPO For NNPC

September 05, (THEWILL) - After prematurely announcing the now stalled $3bn loan from the African Export-Import Bank (Afreximbank), Mele Kyari, the Group Chief Executive Officer of the NNPC Limited, has again, in his desperate bid to remain in office,...

BREAKING: NNPP BoT Suspends Kwankwaso Over Anti-Party Activities

August 29, (THEWILL) – The Board of Trustees (BoT) of the New Nigeria Peoples Party (NNPP) has suspended its presidential candidate in the February 25 general election, Senator Rabiu Kwankwaso, for six months over anti-party activities. Secretary of the BoT,...

NNPP: Ajadi Congratulates Odeyemi, Olagookun On New Leadership Roles, Tasks Them On Party Unity

August 28, (THEWILL) – A Chieftain of the New Nigeria People's Party (NNPP), Ambassador Olufemi Ajadi Oguntoyinbo, has congratulated the Chairman of the party in Osun State, Dr Tosin Odeyemi and his Ondo State counterpart, Pastor Peter Olagookun, for...

Niger Delta Stakeholders Write Tinubu, Calls For Cancellation Of Surveillance Contract To Tompolo, Others

August 24, (THEWILL) - A coalition of former militant leaders and stakeholders from the Niger Delta region have written to President Bola Tinubu over the controversy rocking the move to seek re-approval of the over $1.3 billion surveillance contract...

$3bn Afreximbank Loan: Mixed Reactions Trail NNPCL’s Search for Stable Naira

The announcement by the Nigerian National Petroleum Company Limited (NNPCL) on August 16, 2023 that it had secured a $3 billion emergency crude repayment loan from the African Export-Import (AFREXIM) bank to stabilise the naira, has generated mixed reactions. While...

NNPCL Secures $3bn Crude Repayment Loan To Stabilise Naira

August 16, (THEWILL) - The Nigerian National Petroleum Corporation (NNPC) Limited says it has secured a $3 billion emergency crude repayment loan to support the Naira and stabilise the foreign exchange market. The Corporation, in a statement on its X...
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Mended Fences: 1,000 Goals In Sight As Ronaldo and Portugal Reconciliation Takes Shape

Cristiano Ronaldo’s turbulent relationship with the Portugal national team could be heading towards an unexpected reconciliation, with reports suggesting the veteran forward may return for one final international chapter as he closes in on the historic 1,000-goal milestone.
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