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NNPC

4 LAS News stories tagged “NNPC”, newest first. Every story links its sources.

NNPC says gas pipelines are not to blame for Nigeria's recent power generation slump
Africa/Nigeria

NNPC says gas pipelines are not to blame for Nigeria's recent power generation slump

The Nigerian National Petroleum Company refuted claims that its gas transportation network is limiting electricity output, noting that pipelines are operating normally while gas production rose about 10% in 2026.

Photo: Uncle Bash007 / Wikimedia · CC BY-SA 4.0

LAS News Desk · 7 Nov 2026, 21:45 WAT · 3 sources

NNPC reports N11.14 trillion in statutory payments to Federation Account for Jan‑Sept 2026
Africa/Nigeria

NNPC reports N11.14 trillion in statutory payments to Federation Account for Jan‑Sept 2026

The Nigerian National Petroleum Company said it paid N11.14 trillion in statutory contributions to the Federation Account between January and September 2026, while revenue fell 28.3% from the same period in 2025.

Photo: Ourlib / Wikimedia Commons · CC0

LAS News Desk · 5 Nov 2026, 09:35 WAT · 2 sources

NNPC plans to sell up to 10% of equity in IPO, eyeing domestic and possible London or New York listings
Africa/Nigeria

NNPC plans to sell up to 10% of equity in IPO, eyeing domestic and possible London or New York listings

The Nigerian National Petroleum Company is considering an IPO that could offer between 5% and 10% of its shares, with the primary focus on the local market and a secondary listing in London or New York under review.

Photo: Yahuzaishat / Wikimedia Commons · CC BY-SA 4.0

LAS News Desk · 4 Nov 2026, 12:47 WAT · 2 sources

Nigeria's NNPC posts September profit of $378 million on $3.4 billion revenue
Africa/Nigeria

Nigeria's NNPC posts September profit of $378 million on $3.4 billion revenue

The state oil firm recorded revenue of N4.61 trillion (about $3.4 billion) and a profit after tax of N509 billion (approximately $378 million) in September, with hydrocarbon output rising to 3.04 million barrels of oil equivalent per day.

Photo: Simoniwodi / Wikimedia Commons · CC BY-SA 4.0

LAS News Desk · 4 Nov 2026, 12:16 WAT · 2 sources

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