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NNPCL, CBN Set Limit For Oil Revenue Management

The Nigerian National Petroleum Company (NNPC) Limited have collaborated with the Central Bank of Nigeria (CBN) to set limits for the management of the oil firm’s revenue. The limit was set following a meeting between the CBN Governor, Olayemi Cardoso and the NNPCL…

NNPCL Denies Plan To Increase Fuel Price

The Nigerian National Petroleum Company (NNPC) Ltd has denied any imminent hike in the pump prices of Premium Motor Spirit (PMS), popularly known as petrol. Recently, some motorists have been experiencing difficulties buying petrol in filling stations amid fears that the authorities could…

NNPCL Dismisses Fear of Scarcity

The Nigerian National Petroleum Company Limited has explained the cause of the long queues in some filling stations in Lagos State. The NNPCL said the “tightness” was a result of what it called a “brief distribution issue”. There were long queues in some filling…
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