The Federal Ministry of Finance and NNPCL have traded blame over unresolved queries in Nigeria’s 2021–2023 oil and gas audit. The dispute emerged when Permanent Secretary of the Ministry of Finance, Raymond Omachi, appeared before the…

The Nigerian National Petroleum Company Limited (NNPC Limited) has reported a ₦535 billion profit after tax for June 2026, showing stronger financial performance compared with the previous month. The latest NNPC financial report revealed…

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPCL) over its “failure to explain and account for ₦211 trillion in oil money recorded in its 2023…

Former NAPIMS boss Bala Wunti says there is no evidence that ₦210tn missing funds exist in the NNPC 2023 audited financial statements. He made the clarification while appearing before the Senate Committee on Public Accounts, led by Senator…

The Senate Committee on Public Accounts has given the external auditors of NNPC Limited one week to provide a detailed breakdown of more than N210 trillion recorded as receivables and payables in the company's audited financial statements.…

An Open Letter to the President and Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria His Excellency President and Commander-in-Chief of the Armed Forces Federal Republic of Nigeria State House Aso Rock Villa…

The Nigerian National Petroleum Company Limited (NNPC) reported lower earnings in May 2026, even as crude oil and natural gas production remained largely stable. According to the company’s latest Monthly Report Summary, NNPC revenue fell…

Independent Petroleum Marketers Association of Nigeria has urged NNPCL to speed up the refinery partnership process with Chinese investors. IPMAN believes the move will strengthen Nigeria's downstream petroleum sector, improve local…

NNPCL has reduced its petrol pump price for the second time in four days, lowering costs at some Abuja retail outlets amid falling crude oil prices. The Nigerian National Petroleum Company Limited (NNPCL) has announced another reduction…

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL) “over its failure to account for approximately ₦5.9 billion reportedly spent on the…