Abubakar Ibrahim

Nigeria is pressing ahead with the Nigeria–Equatorial Guinea Gas Pipeline, a cross-border project designed to transport stranded Nigerian gas to Equatorial Guinea for processing and export, Minister of State for Petroleum (Gas), Ekperikpe Ekpo, has said.

The Nigerian National Petroleum Company (NNPC) Limited has posted a steep 79.6 per cent drop in profit after tax (PAT), sliding to ₦185 billion in July 2025 from ₦905 billion in June, its latest monthly financial and operational report shows.