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NNPC Retail to Sell Petrol at Cost for 30 Days as FG Unveils Relief Measures

Abuja, October 8, 2026 — The Nigerian National Petroleum Company (NNPC) Limited has agreed to forgo its petrol retail profit margin and sell fuel...
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FG Faces Push-Back as PENGASSAN Rejects Executive Order on NNPC Revenues

Lagos, Nigeria — The Nigerian Federal Government is facing mounting opposition from the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) after...
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NNPC Ltd, Chevron Confirm New Oil Find at Awodi-07 — A Boost for Nigeria’s Production Targets

January 26, 2027 The Nigerian National Petroleum Company Limited (NNPC Ltd) and Chevron Nigeria Limited have confirmed the discovery of significant hydrocarbons at the Awodi-07...
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Engineer Farouk Ahmed, Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) resigns amid allegations of Corruption

President Bola Ahmed Tinubu has forwarded the names of two nominees to the Senate for confirmation as chief executives of Nigeria’s petroleum regulatory agencies...
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