NNPC

NNPC Rules Out Sale of Port Harcourt Refinery

July 30, (THEWILL) — The Nigerian National Petroleum Company (NNPC) Limited has ruled out the sale of the Port Harcourt Refining Company, reaffirming its commitment to the facility’s ongoing rehabilitation and long-term retention. Group Chief Executive Officer of NNPC Ltd.,...

NNPC Declares N4.57tn Revenue, N905bn Profit In June 2025 Report

July 22, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPCL) has reported a total revenue of N4.571 trillion for June 2025, marking a decline from the N6.008 trillion recorded in May. According to its June 2025 Monthly Report Summary,...

Direct, Compel NNPC To Account For Missing N825bn, $2.5bn Meant For Refinery Repairs – SERAP Tells Court

July 13, (THEWILL) — The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over the “failure to account for and explain the whereabouts of the alleged missing N825bn and...

NNPC To List On Stock Exchange by 2028 — Bayo Ojulari

The Nigerian National Petroleum Company (NNPC) Limited has announced plans to go public by 2028, marking a major milestone in its ongoing transformation into a commercially driven, limited liability entity. The Group Chief Executive Officer of NNPC, Bayo Ojulari, disclosed...

NNPC Mulls Refineries Sale Despite $18bn Investment

July 11, (THEWILL) — The Nigerian National Petroleum Company (NNPC) Limited has revealed it is reviewing the possibility of selling its three state-owned refineries in Port Harcourt, Warri, and Kaduna, despite investing an estimated $18 billion in their...

NNPC Declares N6.008trn Revenue In May 2025 As PAT Increases By 14%

July 02, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPCL) has declared a total N6.008 trillion as revenue for the month of May 2025, marking an increase of N0.036 from the N5.972 trillion recorded in April. According to...

There’s Coordinated Sabotage Campaign Against Our Management, NNPC Raises Alarm

June 27, (THEWILL) – The Nigerian National Petroleum Company Limited (NNPC Ltd.) has raised the alarm over what it described as a coordinated sabotage campaign targeting its leadership. In a statement issued on Friday and signed by the company’s management,...

Ex-NNPC CFO Umar Isa Arrested Over Alleged $7.2bn Refinery Fraud

June 23, (THEWILL) – The Economic and Financial Crimes Commission (EFCC) has arrested a former Chief Financial Officer of the Nigerian National Petroleum Company (NNPC) Limited, Umar Ajiya Isa. According to Vanguard, Isa was arrested in connection to an alleged...

NNPC Declares N5.89trn Revenue, N748bn Profits For April 2025

June 13, (THEWILL) – The Nigerian National Petroleum Company (NNPC) Limited announced a revenue of N5.89 trillion and a Profit After Tax (PAT) of N748 billion for April 2025. The company, in a Monthly Report Summary posted on its...

NNPC Cautions Public Against Scammers Posing As Company Representatives

June 10, (THEWILL) – The Nigerian National Petroleum Company (NNPC) Limited has issued a public alert regarding the activities of fraudulent individuals and entities falsely claiming to represent the national oil company. In a statement signed by the Chief...
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Niger Mass Abduction: Tinubu Orders Joint Military, Police Manhunt

The President's directive came after gunmen reportedly invaded several communities in the remote Borgu area of the state on Friday, August 21, killing residents, attacking worshippers and taking an unspecified number of people into nearby forests.
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