Nigerians have called on the Nigerian National Petroleum Company (NNPC) Limited to drop its pump prices of petrol below what is sold by Dangote Refinery distribution partners. This public demand further highlights a fascinating shift in Nigeria’s downstream oil market, now characterized by rising competition between the state-owned oil firm and private marketers. The public …
The Nigeria National Petroleum Company (NNPC) Limited says its flagship upstream subsidiary, NNPC E&P Limited (NEPL), hit 355,000 barrels per day (bpd) of oil production, its highest daily output since 1989. It said the increased production was achieved on December 1, 2025. In a statement released on Tuesday, the national oil firm said the average …
The Nigerian National Petroleum Company (NNPC) Limited has reported a revenue of N5.078 trillion and a profit after tax of N447 billion in October 2025. This was revealed in NNPC Limited’s Monthly Report Summary for October 2025, released on Saturday. The total revenue for October reveals an 18.92 per cent increase from 4.27 trillion recorded …
