NNPC

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...

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...

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...

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...

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,...

January 26, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC Ltd) and Chevron Nigeria Limited (CNL), have recorded a major exploration breakthrough with the successful completion of the Awodi-07 appraisal and exploration well in the shallow offshore...

January 01, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC Ltd) has unveiled plans to develop new oil fields as part of a broader strategy to attract $30 billion in upstream investment by 2030. The initiative is aimed...

December 31, (THEWILL) — Alhaji Hashimu Suleiman Dungurawa, the Chairman of the New Nigeria People's Party (NNPP) in Kano State, has rejected his expulsion from the party, describing it as "a child's play." Dungurawa, while addressing journalists in Kano...

December 30, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC) has opened discussions to divest minority stakes in select oil and gas assets as part of efforts to optimise its portfolio and attract fresh investment, according to...

December 29, (THEWILL) — President Bola Tinubu has approved the cancellation of a substantial portion of the Nigerian National Petroleum Company (NNPC) Limited outstanding debts owed to the Federation Account, effectively writing off approximately $1.42 billion and ₦5.57 trillion...