Tag: NNPC

Nigerian National Petroleum Company Limited (NNPC)’s strategic pivot to reverse chronic underinvestment in its upstream sector. The state-owned entity is set to commence development of new oil fields in 2026, targeting at least $30 billion in fundraising by 2030 to unlock stranded discoveries across Nigeria’s prolific basins.   Key elements of the initiative include:   […]

The Nigerian National Petroleum Company Limited (NNPC Ltd) has initiated a process to divest stakes in selected oil and gas assets as part of its ongoing portfolio optimisation strategy. The company has invited bids from interested investors, with a registration deadline set for 10 January 2026. Qualified bidders will undergo pre-screening based on technical and […]

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has officially appointed Mr. Andy Odeh as its new Chief Corporate Communications Officer, alongside Mrs. Morenike Adewunmi as Chief Relations Officer. The announcement was made in a company statement released earlier this week. Profile of Andy Odeh: Brings over 30 years of communications and business administration experience […]

President Bola Tinubu has dismissed the entire 11-member board of the Nigerian National Petroleum Company (NNPC), including CEO Mele Kyari. The new board, led by industry veteran Bashir Ojulari, is tasked with addressing mismanagement and revitalizing Nigeria’s oil sector.