Alleged $1.6m Fraud: Court acquits Jide Omokore, firms
The EFCC accused Mr Omokore of allegedly purchasing houses for a former minister of petroleum resources, Diezani-Alison-Madueke.
Tag: Nigerian Petroleum Development Company (NPDC)
![Plenary session of the House or Representatives [PHOTO CREDIT: @HouseNGR]](https://media.premiumtimesng.com/wp-content/files/2022/05/FR6y4ItXEAIH4ht-350x250.jpg)
Reps want NNPC to suspend sale of oil mining licence
The oil field under Oil Mining Licence (OML) 11 was operated by the Shell Petroleum Development Company (SPDC) joint venture.
Alleged $1.6m Fraud: Omokore denies buying houses, cars for Diezani, others
Mr Omokore, reported as Diezani’s ally, faces allegations of underhand dealings in connection to the Strategic Alliance Agreement (SAA) existing ...
Buhari to announce NNPC’s 2019, 2020 audited financial statements – Kyari
Mr Kyari says the release of the financial statements of NNPC by the president will be "good news" to Nigerians.
Nigerian govt to resume oil production in Ogoni
Oil production were suspended in Ogoniland in the 1990s.
NNPC declares ₦20.36 billion trading surplus in July
The figure is a huge increase when compared with the previous month.
![UBA Global Headquarter [PHOTO CREDIT: United Bank for Africa Plc]](https://media.premiumtimesng.com/wp-content/files/2020/07/d01b3de38a0bd5e39f7eb00cc5ce262d-e1595860522476.jpg)
UPDATED: Post-COVID-19 economy: UBA to facilitate $1.5bn financing for NNPC, NPDC
The bank described the $1.5billion facility as timely financing for post-COVID 19 economic growth of Nigeria’s petroleum industry, to help ...
Kaduna Refinery generated zero revenue in 2018, incurred 65bn loss – NNPC report
Details of the NNPC financial statement raise concerns yet again about the continued operation of refineries by the NNPC.
After 43 years, NNPC publishes audited financial accounts
The annual reports and financial statements for the year ended December 31, 2018, were for 20 of the state-owned national ...
NNPC declares N5.2 billion trading surplus in August
The corporation disclosed this in its Monthly Financial and Operations Report (MFOR) for the month of August released in Abuja ...
Why we redeployed NPDC managers – NNPC
An official says the redeployed managers failed to provide efficient leadership for some of the assets needed to reposition the company.
Why Nigerian govt adjusted 2019 MTEF/FSP- Minister
The government is to continue its fiscal strategy of directing resources to productive and growth-enhancing sectors.
NEITI urges ‘urgent’ review of Nigeria’s deep offshore oil exploration agreements
A PREMIUM TIMES report showed how the Nigerian government was losing trillions based on the old agreement.
Reps threaten to issue arrest warrant on MDs of 10 oil firms
The committee says it would not allow the illegality to linger.
Buhari keeps mum as N9 trillion contract scandal rocks NNPC
Ibe Kachikwu wrote the president over a month ago highlighting alleged due process violations.
![Igho Sanomi - CEO and founder of Taleveras Group [Photo: Vanguard]](https://media.premiumtimesng.com/wp-content/files/2017/07/Igho-Sanomi.jpg)
Third man named in Diezani’s alleged $1.7 billion U.S. corruption case
He is Igho Sanomi, one of Nigeria’s young billionaires, who owns the Taleveras Oil Group.
Reps to investigate Nigeria’s oil producing firm, NPDC
“NPDC is reported to be consistently ceding its core activities to third party private entities,” a lawmaker said.
Again, A Case of Uncounted Billions, By Okey Ndibe
To a first-time visitor, much of Nigeria is likely to appear like the wreckage of a long war, what with ...