COGNICURRENT

A rights group in Nigeria is calling for transparency regarding alleged missing funds from the Nigerian National Petroleum Company Limited.

The EFCC has returned over N3.9 billion to the NNPC after recovering it from fraudulent activities involving NNPC officials.

The NNPC has increased crude oil supply to Dangote Refinery to stabilize fuel availability, as global oil prices surge due to Middle East tensions.

The EFCC returned nearly 3.94 billion Naira to the Nigerian National Petroleum Company Limited, recovered from fraudulent activities.

SERAP has called for an investigation into the ₦5.9 billion spent on the rebranding of NNPC to NNPC Limited.

A Nigerian coalition of professionals has rejected allegations that N210 trillion is unaccounted for in the National Petroleum Company's finances, calling the claim politically motivated and mathematically impossible.

The Nigerian National Petroleum Company has reduced petrol prices by N100 in Lagos and N95 in Abuja, following a decrease in global oil prices.

Nigeria's NNPC reported a 46.7% drop in January revenue despite improved oil sales.

The Nigerian National Petroleum Company Limited reported a profit of N385 billion in January 2026, despite a significant drop in revenue from the previous month even as oil production increased.

Youths from Ogoniland and South-South Nigeria protested in Port Harcourt against the Nigerian National Petroleum Company Limited's neglect of the Federal University of Environment and Technology.

The Nigerian National Petroleum Company Ltd and government consultants disagree on a $42.3 billion under-remittance owed to the Federation Account, complicating ongoing reconciliation efforts.

A Nigerian lawmaker has criticized the Nigerian National Petroleum Company for its lack of cooperation in a probe concerning $18 billion spent on state-owned refinery renovations.

The Nigerian Senate has summoned former NNPC officials due to alleged discrepancies of N210 trillion in the company's financial statements from 2017 to 2023.

The Nigerian Senate has summoned former NNPC CEO Mele Kyari over alleged misuse of N210 trillion by the company from 2017 to 2023.

Nigeria's NNPC Gas Master Plan 2026 aims to transform the country's gas sector into a coordinated commercial market, addressing supply shortages amidst abundant reserves.

The Nigerian House of Representatives asserts that the NNPC's equity stake in the Dangote refinery enhances national interest and accountability in Africa's largest industrial project.

The Nigerian National Petroleum Company is seeking to attract investors for the Ajaokuta–Gwagwalada gas segment, which aims for completion in July 2026 to enhance gas supply and industrial growth.

Nigeria's president has mandated direct remittance of oil and gas revenues to the Federation Account, addressing inefficient spending by the Nigerian National Petroleum Corporation Limited.

A former Nigerian oil official has been sentenced to 87 months in prison in the United States for accepting a $2.1 million bribe from a Swiss oil company.

The article critiques the Nigerian National Petroleum Corporation (NNPC) by drawing an analogy with the dairy industry and highlighting issues of mismanagement and inefficiency.

President Bola Tinubu's executive order bans the deduction of management fees by the Nigerian National Petroleum Company Limited, affecting substantial revenue streams for the Nigerian federation.

Nigeria's oil sector faces new challenges as President Bola Tinubu's directive raises financial concerns, the PDP contests local election results, and electoral officials face potential jail time.

PENGASSAN has urged the Nigerian Federal Government to sell a 51% stake in the state-owned NNPCL refineries to improve efficiency by adopting a model similar to that of Nigeria LNG.

Aliko Dangote announced that Nigerians will soon have the opportunity to buy shares in the Dangote Refinery, aimed at enhancing public ownership.

The CEO of the Nigerian National Petroleum Company has praised Dangote's leadership in establishing the Dangote Petroleum Refinery, highlighting it as crucial for Nigeria's national pride and energy sector.

The Nigerian Federal Government is conducting an investigation into the Nigerian National Petroleum Company Limited's financial activities to address revenue leakage issues.

The Nigerian Minister of Finance announced that a forensic audit of the National Petroleum Company is currently being conducted to enhance transparency in oil revenue management.

Bayo Ojulari, CEO of Nigerian National Petroleum Company, has been awarded a Fellowship from the Energy Institute in the UK, marking a significant achievement in the global energy sector.

President Bola Tinubu has issued an Executive Order mandating the Nigerian National Petroleum Company to directly remit taxes and royalties to fiscal authorities, suspending previous fees collected.

The Nigerian National Petroleum Company has signed a Memorandum of Understanding with Chinese firms to enhance Nigeria's gas infrastructure through collaborative efforts across the natural gas value chain.

The NNPC has announced a temporary reduction in gas supply due to Seplat Energy's scheduled maintenance, which could affect electricity generation in Nigeria.

The Nigerian National Petroleum Company emphasizes the importance of shared gas infrastructure for Africa's industrial growth, with a particular focus on the Nigeria–Morocco Gas Pipeline as a crucial energy resource.

The NNPC CEO advocates for unified gas pricing and collaborative investments across Africa to enhance energy sector efficiencies.

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has defended the spending on the rehabilitation of the Port Harcourt Refinery, arguing that it is not a waste of public funds.

The Nigeria Oil and Gas Industry Games 2026 kicked off with NNPC and TotalEnergies winning in volleyball, while Aradel and NLNG triumphed in table tennis.

The Nigerian National Petroleum Company Limited admits that federal government refineries are financially unviable, calling for their privatization.

The Nigerian National Petroleum Company has spent approximately N13.2 trillion on its state-owned refineries in 2023 and 2024, despite their continued operational losses.

Nigeria's National Petroleum Company projects a need for $22 billion in investments to improve its gas pipeline infrastructure under the Gas Master Plan 2026.

Former Vice President Atiku Abubakar argues that the $1.5 billion failure of the Port Harcourt Refinery reinforces his call for the privatization of state-owned refineries in Nigeria.

Bayo Ojulari, CEO of the Nigerian National Petroleum Company, discusses the company's strategic changes in response to energy transition and domestic supply challenges during a recent interview.

NNPC's CEO Bayo Ojulari has outlined a multi-layered strategy focusing on fuel availability and refinery partnerships to overcome challenges in Nigeria's energy sector over the next few years.

The Nigerian National Petroleum Company Limited is seeking foreign partners to revive its struggling state-owned refineries, while the Dangote Petroleum Refinery offers critical support for domestic fuel supply stabilization.

This article covers significant news including the arrival of US troops in Nigeria and the operational losses of Nigeria's state-owned refineries.

Bayo Ojulari, CEO of the Nigerian National Petroleum Company, revealed that Nigeria's refineries are incurring significant losses, leading to a decision to halt operations to avoid further financial damage.

Dangote Group's subsidiaries have secured enhanced gas supply agreements with NNPC units, aiming to support national strategy under Nigeria's Gas Master Plan 2026.