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Exchange Rate: Expert Lauds NNPCL Strategy To Strengthen Currency

By Agency Report An economic expert, Dr Chijioke Ekechukwu, has lauded the emergency three billion dollars crude oil repayment loan secured by the National Petroleum...

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Explained: What NNPC’s $3bn Emergency Crude Repayment Loan Means

On Wednesday, the Nigerian National Petroleum Corporation (NNPC) Limited accessed a $3 billion crude repayment loan from AFRIEXIM Bank to support the naira and...

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Nigeria’s National Oil Company, NNPCL, Accesses N3bn AFRIEXIM Bank Loan To Stabilize Currency, Forex

By Ishola Kayode The Nigerian National Petroleum Corporation (NNPC) Limited has accessed a $3 billion crude repayment loan from AFRIEXIM Bank to support the naira...

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Alternative Fuel: NNPC Ltd Partners NIPCO on Developing 56 CNG Stations

By Agency Report The Nigerian National Petroleum Company Limited (NNPC Ltd), has entered into strategic partnership with NIPCO Gas Limited to develop 56 Compressed Natural...

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Inside Story Of How Cartel Used MT Tura II, Vessel Caught With $86.8m Nigerian Crude, In 12-year Oil Heist

By Ayo Yusuf The MT Tura II, (International Maritime Organization, IMO, number: 6620462) caught trying to divert 150,000 metric tons of illegal crude oil worth...

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Nigeria Owes Oil Majors $3 Billion For Crude Swaps

Nigeria owes up to $3 billion to trading giants and oil majors for the fuel-for-crude swaps with which it has been importing fuel. ...

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Deregulation: Parties Interested In Importing PMS Must Meet Regulations – NMDPRA

By Agency Report The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says with the removal of subsidy on Premium Motor Spirit (PMS) other interested...

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