FLASH: NNPC Reduces Petrol Price By N10

The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price of petrol following the resolution of recent supply glitches at the Dangote Refinery. Checks by DAILY POST revealed that the state-owned oil firm adjusted its retail price to โ‚ฆ945 per litre, down from โ‚ฆ955, reflecting a โ‚ฆ10 reduction. The new price has already…

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EFCC Grants Former NNPCL Boss, Mele Kyari Bail

The Economic and Financial Crimes Commission has granted administrative bail to the former group chief executive officer of the Nigerian National Petroleum Company limited (NNPCL), Mele Kyari Mele Kyari on wednesday honoured an invitation by EFCC over an alleged $7.2 billion dollar fraud during his tenure as the boss of the nationโ€™s oil company. Kyari…

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BREAKING: Ex-NNPC Boss Mele Kyari Detained In EFCC Custody

The Economic and Financial Crimes Commission (EFCC) has detained Mele Kyari, former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), over allegations of massive financial misappropriation. Kyari was taken into custody at the commissionโ€™s headquarters in Jabi, Abuja, on Wednesday afternoon, where he is being interrogated in connection with billions of…

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FLASH: Ex-NNPC GM Convicted In US Over $2.1m Bribe, Faces 10-Year Prison Sentence

A United States court has found Paulinus Okoronkwo, a Nigerian-American, guilty of receiving a $2.1 million bribe. Okoronkwo, former general manager of the Nigerian National Petroleum Corporation (NNPC), now NNPC Limited, was found guilty of transactional money laundering, tax evasion, and obstruction of justice. Prosecutors said while serving as NNPCโ€™s upstream division general manager, Okoronkwo…

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JUST-IN: I Am Under Attack, Some People Are Plotting To Unseat Me โ€“ NNPCL GCEO, Bayo Ojulari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has alleged that powerful interests within the oil and gas sector are plotting his removal from office. Ojulari made the claim on Thursday during a meeting with a delegation of the Petroleum and Natural Gas Senior Staff Association of Nigeria…

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