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Tag: NNPC

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Funding, insecurity stall $2.8b AKK project, gas export

• Stakeholders consider options for gas export amid Russia/Ukraine war• Divestment, dwindling upstream investment cloud gas export potential  Barely six months to expected completion of...

Ogunsakin reasserts dominance as Egbeyemi loses title

Seun Ogunsakin from Ekiti State regained his No.1 position in the ITA Junior Tennis Circuit Boys U-16s ranking with a convincing 9-6 victory over...

Fresh facts reveal NNPC’s $2.7b remittance to its CBN accounts in six months

Telcos constrained by FX volatility as NCC picks 72 areas for local content devt Contrary to claims by the Central Bank of Nigeria (CBN) that...

Anxiety over sacking in NNPC as company denies move

The Nigeria National Petroleum Company (NNPC) Limited, yesterday, insisted that the company will not take law into its hand by sacking staff. There were indications...

Nigeria on fiscal cliff as debt service trounces revenue

• Petrol subsidy nears N6.7tr• Fiscal deficit exceeds N3tr in four months• 78 per cent of FG’s spending goes into debt payment, personnel cost• Fresh...

Mixed reactions over airlines’ 40% fuel surcharge bid, further fare hike

Aviation stakeholders have reacted with boo and cheers at local airlines’ request to impose a new fuel tax of between 25 and 40 per...

High, low expectations as Buhari unveils new NNPC

• We will end energy poverty, and losses, says Kyari• Why NNPC may remain a loss-making company despite transitioning – Experts• Redundant staff, political will,...

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