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NNPC April Revenue Jumps 79% to N4.97 Trillion

NNPC April Revenue Jumps 79% to N4.97 Trillion

The Nigerian National Petroleum Company Limited (NNPC) said its revenue rose sharply to 4.97 trillion naira ($3.1 billion) in April 2026 from 2.77 trillion naira in March, marking a 79% month-on-month increase, according to its latest operational and financial report released on Saturday. Profit after tax increased to 481 billion naira in April from 276...

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Slovakia Scraps Diesel Restrictions After EU Warning

Slovakia Scraps Diesel Restrictions After EU Warning

Slovakia said on Wednesday it would repeal restrictions on diesel sales, including higher prices for foreign drivers, after the European Commission warned the measures breached EU law. The government had introduced the rules in March, citing disrupted oil supplies through a pipeline via Ukraine as global energy prices surged amid conflict in the Middle East....