NNPC claims no subsidy paid on petrol, covers N7.8tn ‘shortfall’

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The Nigerian National Petroleum Company (NNPC) Ltd has stated that it is not paying subsidies on petrol, but rather covering a “shortfall” between the...

Police summon NLC president, Ajaero, over alleged felony, cybercrime

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The Intelligence Response Team (IRT) of the Nigerian Police Force (NPF) has invited the President of the Nigeria Labour Congress (NLC), Joe Ajaero, for...

Clarify confusion surrounding subsidy policy, crude refining, Atiku tasks Tinubu

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Former Nigerian Vice President, Atiku Abubakar has demanded clarity on petrol subsidy policy and crude oil refining from the federal government following an allegation...

NNPC Ltd nets N3.3tr profit, revenue hits N27.99tr in FY23

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State oil company, the Nigerian National Petroleum Company Ltd (NNPCL) has reported a record-breaking net profit of N3.3 trillion for the 2023 financial year. This...

Naira closes flat against dollar at N1,579/$1

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The Nigerian currency, the naira, closed flat against the American dollar on Monday, August 19, 2024 to begin the week without a gain nor...