Senate probes alleged unremitted $5.6bn by NNPC, NPDC

The Nigerian Senate on Tuesday began an investigation into alleged non-remittance of a total sum of $5.6 billion by the Nigerian National Petroleum Corporation (NNPC) and one of its subsidiary…

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NNPC loses N11.22bn in 1 month

The Nigerian National Petroleum Corporation (NNPC) has again reported a month-end trading deficit of N11.22 billion in August. The figure was obtained on the NNPC website detailing its monthly financial…

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Oil firms flare N11bn gas in one month

Nigeria lost $44.4 million, about N11.1 billion, as the Nigerian National Petroleum Corporation, NNPC, the Nigerian Petroleum Development Company, NPDC, and other oil companies flared 14.8 billion Standard Cubic Feet…

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Militant group claims fresh attack on pipeline

A militant group said on Tuesday it attacked a pipeline operated by a subsidiary of Nigeria’s state oil company in the country’s southern Delta region, just a day after the…

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