Tag Archives: NNPC

NNPC: TotalEnergies, PENGASSAN, NUPENG have Reached Agreement to End Strike

The Nigerian National Petroleum Company (NNPC) Limited has restored TotalEnergies daily crude oil production after intervening in the oil workers’ industrial action. TotalEnergies produces 275, 000 barrels of oil per day. Olufemi Soneye, NNPC’s chief corporate communications officer, said, on

JUST IN: NNPC Secures $3bn Emergency Loan To Stabilise Naira

Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion crude repayment loan to stabilise naira. The funding NNPC Limited secured from the AFRIEXIM bank headquarters in Cairo, will support the naira and stabilise the foreign exchange market. NNPC

Jite Okoloko Battles Sahara Energy, NNPC over Oilfield

A storm is brewing in the oil and gas industry. It involves top dogs like Onajite Okoloko, the chairman of Eroton Exploration & Production Company Limited, Sahara Energy, and the Nigerian National Petroleum Corporation (NNPC) Limited. Okoloko, a co-founder of

US Recovers $53m in Profits from Illegal Contracts Involving Diezani, Aluko, Omokore

“The Justice Department of the United States has announced the final resolution of two civil cases seeking the forfeiture of various luxury assets that were the proceeds of foreign corruption offenses and were laundered in and through the United States.

Ex-NNPC GMD, Maikanti Baru, Dies Aged 60

The immediate past Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has died. He died on Friday night. He was 60 years old. The current GMD of NNPC, Mele Kyari, announced Baru’s death via his verified

Baru vs Kachikwu: Oil Moguls Back Petroleum Minister – Tunde Ayeni And Peer Align Against NNPC Boss

There is no gainsaying Baru has stung the giants of the oil industry, from their peaceful repose, as he engages Kachikwu in a no holds barred war of ego, power and words. SocietyGists reports that petroleum industry giants, Tunde Ayeni

I’m Not the Owner Of $50m Found By EFCC – Ex-NNPC Boss Nnamdi -Ogbue

Former Managing Director, Operations at the Nigeria National Petroleum Corporation (NNPC), Esther Nnamdi-Ogbue has denied ownership of the large sums of money: $38,000,000,N23,000,000 and £27,000 uncovered by the Economic and Financial Crimes (EFCC) from an apartment in Osborne Towers, Osborne

PHOTO: See Face Of The Woman Who Owns The $43m, £27,800 and N23.2m Discovered By EFCC Inside Muazu’s Building

Esther Nnamdi-Ogbue who is the former managing-director, operations at the Nigeria National Petroleum Corporation (NNPC) has been named as owner of the huge cash uncovered by the Economic and Financial Crimes Commission (EFCC). A sting operation by the anti-graft agency

Andrew Yakubu Moves to Get back the $9.7million &  £74,000 Seized from Him

Andrew Yakubu, the former managing director of the Nigerian National Petroleum Corporation (NNPC), whose “gift” of $9.7million and £74,000 was hidden in a nondescript house in Sabon Tasha in Kaduna city, has launched a move to have the seized money

Chef Escapes with NNPC Managing Director’s $6m in Cash, Jewelry

The Managing Director at the Nigeria National Petroleum Corporation (NNPC) in Abuja, Esther Nnamdi-Ogbue, has reportedly lost cash and jewellery worth $6 million to her cook. The man identified as Gabel Segbedji, from Benin Republic reportedly absconded with the loot