Tag: NNPC

Nigeria’s state-owned oil company, NNPC.
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Nigeria’s state-owned NNPC posts $351 million profit on higher oil output, gas projects in April

NNPC profit rises to N481 billion ($351 million) in April 2026 as crude output, gas projects and revenue climb sharply.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote and NNPC Group CEO Bashir Bayo Ojulari.
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NNPC accuses Dangote refinery of monopoly claims as refinery private placement draws $2 billion

NNPC accuses Dangote refinery of monopoly claims as dispute over import licences and fuel supply intensifies in Nigeria.

Omokolade Ajayi Omokolade Ajayi
Nigeria’s state-owned oil company, NNPC.
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Nigeria’s crude output rises in April 2026, nears OPEC quota as exports expand

Nigeria’s crude oil output climbs to 1.663 million barrels per day in April 2026, edging closer to its OPEC quota as exports and production stability improve.

Omokolade Ajayi Omokolade Ajayi
Gas Pipeline
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Nigeria, Morocco advance $25 billion Atlantic gas pipeline deal

Nigeria and Morocco move toward a 2026 deal on the $25 billion Atlantic gas pipeline linking West Africa to Europe.

Timilehin Adejumobi Timilehin Adejumobi
Nigeria’s state-owned oil company, NNPC.
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NNPC ships first cargo of new crude grade to Netherlands, advancing Nigeria’s oil trade

Nigeria’s NNPC ships 950,000-barrel Cawthorne crude to the Netherlands, expanding exports and strengthening its oil market role.

Omokolade Ajayi Omokolade Ajayi
Nigeria’s state-owned oil company, NNPC.
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Nigeria capitalizes on $100 per barrel oil as production hits 1.84 million bpd

Nigeria boosts crude output to 1.84 million barrels per day amid $100 oil, aiming for stronger export revenue.

Omokolade Ajayi Omokolade Ajayi
Nigeria’s state-owned oil company, NNPC.
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Nigeria moves to capitalize on oil surge amid global supply tensions

Nigeria plans to boost oil production amid global supply tensions, aiming to increase output and benefit from rising crude prices.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa’s richest man
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Dangote Refinery plans 65 million liters daily petrol supply 

Dangote Refinery targets 65 million liters daily, exceeding Nigeria’s petrol demand.

Timilehin Adejumobi Timilehin Adejumobi
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Nigeria’s NNPC moves closer to landmark IPO, but timeline unclear

The move aligns with Nigeria’s Petroleum Industry Act (PIA) of 2021, which mandates that NNPC list its shares on the stock market.

Omokolade Ajayi Omokolade Ajayi