NNPC Signs New Chinese Deal to Rescue Port Harcourt, Warri Refineries After $2.39bn Spent, No Luck
There may finally be a flicker of hope for Nigeria’s long-suffering refining sector as Akahi News can report that the Nigerian National Petroleum Company Limited (NNPC) has signed a Memorandum of Understanding with two Chinese firms. The deal with Sanjiang Chemical Company Limited and Xingcheng (Fuzhou) Industrial Park Operation and Management Co. Ltd is aimed […]
NNPC Revenue Rises to N2.68tr Despite Crude Output Drop as Profit Crashes by 64%
Akahi News learnt that the Nigerian National Petroleum Company Limited recorded a revenue of N2.68 trillion in February 2026, marking a 4.2 per cent increase from the N2.57 trillion posted in January. The revenue growth came despite a troubling decline in crude oil production. Join Akahi News VIP WhatsApp Channel for Breaking News Alerts, Direct […]
NNPCL Slashes Petrol Price to ₦815 Per Litre Amid Intensifying Downstream Competition
The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price of Premium Motor Spirit (PMS), popularly known as petrol, to ₦815 per litre across several of its retail outlets, marking another shift in the country’s volatile downstream oil market. Join Akahi News VIP WhatsApp Channel for Breaking News Alerts, Direct to Your Phone […]
NNPC GCEO Ojulari Says Company Under Attack, Reaffirms Commitment to Transformation
NNPC GCEO Ojulari Says Company Under Attack, Reaffirms Commitment to Transformation By Joseph Iyaji | Akahi News Join Akahi News VIP WhatsApp Channel for Breaking News Alerts, Direct to Your Phone Take your QuickBooks, Sage 50 to the Cloud with McSea Cloud Hosting. Call 08024504321. Ojulari made this known on Thursday while receiving a delegation […]
NNPCL Deductions for Frontier Exploration Hit N235.6 Billion in Seven Months
NNPCL Deductions for Frontier Exploration Hit N235.6 Billion in Seven Months By Joseph Iyaji | Akahi News Join Akahi News VIP WhatsApp Channel for Breaking News Alerts, Direct to Your Phone Take your QuickBooks, Sage 50 to the Cloud with McSea Cloud Hosting. Call 08024504321. According to the company’s financial documents, the deductions represent 30 […]
NNPC Commissions 113km OB3 Gas Pipeline, Deploys Subcontractors to Fast-Track AKK Project
NNPC Commissions 113km OB3 Gas Pipeline, Deploys Subcontractors to Fast-Track AKK Project By Joseph Iyaji | Akahi News OB3 Pipeline Now Delivering 300mmscf/d Join Akahi News VIP WhatsApp Channel for Breaking News Alerts, Direct to Your Phone Take your QuickBooks, Sage 50 to the Cloud with McSea Cloud Hosting. Call 08024504321. In its July 2025 […]