Breaking: Nigerians to face more hardship as NNPCL increases PMS pump price

By Umunna Kalu There is a strong indication that Nigerians are in for more hardship as the Nigerian National Petroleum Company Limited (NNPCL), today Tuesday, September 3, announced an increase in the pump price of the Premium Motor Spirit (PMS), otherwise called petrol. The increase, has taken the rate of petrol price from N617/itre to […]

Continue Reading

NNPC denies owing International oil traders $6.8b

By: Umunna Kalu The Nigerian National Pe­troleum Company Limited (NNPC Ltd.) has denied reports making the rounds that it is owing the international oil com­panies to the tune of $6.8 billion. In a statement made available to the media by the Chief Corpo­rate Communications Of­ficer of NNPC Ltd, Olufemi Soneye, the company also denied reports […]

Continue Reading