‎‎NAF RECEIVES FIVE NEW HELICOPTERS AS FG ACCELERATES AIRPOWER MODERNISATION. (PHOTO).

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 ‎‎NAF RECEIVES FIVE NEW HELICOPTERS AS FG ACCELERATES AIRPOWER MODERNISATION ‎ The Nigerian Air Force (NAF) has taken delivery of five new helicopters as the Federal Government accelerates efforts to modernize Nigeria’s airpower capabilities and strengthen the Armed Forces’ capacity to respond effectively to contemporary security challenges.  ‎ ‎A statement by the Director of Public Relations and Information Air Commodore Ehimen Ejodame indicates that the platforms comprise three AW-109 Trekker B helicopters  and two H-125 helicopters. ‎ The three AW-109s, which form part of 10 recently acquired by the Federal Government, were received in Lagos on 15 September 2026, with the remaining seven expected to be delivered before the end of 2026. ‎ ‎The Chief of the Air Staff, Air Marshal Sunday Aneke, described the acquisition as another significant milestone in the Federal Government’s sustained investment in the modernization and re-equipment of the NAF noting that the new pl...
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NNPCL SELLS N336BN CRUDE IN Q1 2025, DANGOTE REFINERY BUYS 32%.(PHOTO).

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 NNPCL Sells N336bn Crude in Q1 2025, Dangote Refinery Buys 32%

-April 22, 2025 |


The Nigerian National Petroleum Company Limited earned N336.37bn from crude oil sales in Q1 2025, with Dangote Refinery accounting for N107.44bn (32%), internal NNPCL documents reveal.


Seven crude cargoes, totaling 915,821 barrels, were sold to Dangote under the naira-for-crude deal at exchange rates between N1,501.22/$ and N1,562.91/$. The policy aims to reduce FX demand and stabilize fuel prices.


NNPCL also sold 1.95 million barrels to foreign refiners, generating $151.44m (N228.93bn), mainly from Egina, Erha, and Forcados blends. The transactions highlight the firm’s balance between domestic supply and forex earnings.

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