Category : Search result: NNPC debt cancellation


Tinubu Hails Ex-NNPC GMD Gaius-Obaseki at 80

President Bola Tinubu celebrates former NNPC GMD Dr. Jackson Gaius-Obaseki's 80th birthday, praising his decades of service in Nigeria's oil and gas sector. Read more about his remarkable career.

Africa's $163bn Debt Crisis Needs EU Action

African leaders warn Europe must help break debt cycle as countries pay $163bn annually. Unsustainable debt hampers climate resilience and development across the continent.

Tinubu hails former NNPC GMD Gaius-Obaseki at 80

President Tinubu celebrates Dr. Jackson Gaius-Obaseki's 80th birthday, praising his transformative impact on Nigeria's oil and gas sector. Read about his legacy and NNPC's new health scheme.

Court Orders Police Out of Nestoil Premises

Federal High Court directs Lagos Police to withdraw officers from Nestoil facilities in ongoing debt dispute with FBNQuest Merchant Bank. Latest ruling shifts case dynamics.

Japan PM Takaichi defends $135bn stimulus package

Japanese Prime Minister Sanae Takaichi insists the $135 billion stimulus is fiscally responsible despite market concerns. Includes energy subsidies and tax cuts to combat inflation.

Nigeria at Risk of Debt Crisis, Experts Warn

Financial experts warn Nigeria risks another debt crisis without urgent reforms. Learn about the critical measures needed to stabilize the economy and prevent financial distress.

Court awards N20.7bn against petroleum marketer

A Federal High Court in Lagos has ordered Kehinde Elliot Ogbor and Danium Energy to pay Union Bank N20.7 billion. The bank can now seize and sell properties to recover the debt. Read the full details.

Petrol Price Cut: NNPC Sells at N910 in Lagos

NNPC has reduced petrol prices across Nigeria, offering relief to motorists. Dangote Refinery clarifies the reason behind the price adjustment. Read for full details and state-by-state breakdown.

Senate okays N1.15trn loan for 2025 budget deficit

The Nigerian Senate has approved President Tinubu's request to borrow N1.15 trillion from the domestic debt market to fund the increased 2025 budget deficit. Read the full details and implications.

NCC Calls for Protection of NNPC's Technologies

Nigerian Copyright Commission stresses crucial need to safeguard NNPC's intellectual properties including patents and trade secrets for national development. Workshop equips staff with IP management skills.

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