Nigeria eyes $10bn from 50 oil blocks lease
Nigeria's NUPRC launches 2025 oil licensing round for 50 blocks, aiming to raise $10bn and boost output by 400,000 barrels per day. Discover the transparent bidding process.
Nigeria's NUPRC launches 2025 oil licensing round for 50 blocks, aiming to raise $10bn and boost output by 400,000 barrels per day. Discover the transparent bidding process.
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron subsidiary. Deal aims to develop new opportunities in Nigeria's oil sector.
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron. The deal aims to derisk and develop new opportunities in Nigeria's oil sector. Full details inside.
OPEC confirms Nigeria's oil production quota remains at 1.5 million barrels per day until December 2026 to ensure global market stability. Read the full details.
Presidential aide Daniel Bwala says the Tinubu administration will soon disclose identities of individuals funding terror in Nigeria. Read the full details.
OPEC+ reaffirms plan to maintain current oil production levels until March 2026 and agrees on a new capacity assessment mechanism. Learn how this decision impacts global oil markets.
The Nigerian Presidency has strongly responded to former President Obasanjo's comments on insecurity, accusing him of hypocrisy for failing to act when bandits first emerged during his administration.
Kogi State launches security operation after pastor, wife, and congregants abducted from Cherubim and Seraphim Church. SWAGA chairman blames political saboteurs for nationwide insecurity.
OPEC+ ministers are expected to keep oil output unchanged in Sunday's online meeting amid price uncertainty. Analysts predict no major market changes as group watches Ukraine talks.
OPEC+ ministers are expected to maintain current oil production levels in their upcoming online meeting. Analysts cite market uncertainty and Ukraine conflict impacts on prices. Read more.
Defence Minister Mohammed Badaru reveals measurable security improvements in Northwest Nigeria while acknowledging ongoing threats. Read how communities are recovering under Renewed Hope Agenda.
Ogoni communities express frustration over Federal Government's silence months after receiving crucial committee report on potential oil exploration resumption in Ogoniland.
OPEC+ surprised markets in 2025 by hiking oil production. Discover how this strategy fared, the role of Trump's return, and what's next for global oil prices.
Canadian PM Mark Carney faces criticism for climate policy shift, backing oil pipeline & gas projects. Explore the political and environmental implications.
House of Representatives committee presses EFCC for full details on crude oil seizures and sales under Naira-for-Crude Policy. Hearing adjourned to December 4.
Nigeria's inflation rate dropped to 16.02% in October 2025, marking sixth consecutive decline. Experts question if statistics reflect true economic reality for average Nigerians. Read analysis.
Colombian President Gustavo Petro reveals US pressure on Venezuela targets oil reserves, not drug trafficking. Exclusive analysis of geopolitical tensions in Latin America.
Former VP Atiku Abubakar condemns Tinubu administration's handling of Kebbi schoolgirls abduction, calling government statements 'embarrassing admission' of failure. Read full analysis.
The Trump administration announces $100 surcharge for foreign visitors to US national parks starting 2026. Annual passes triple to $250 for non-residents. Learn how this affects Nigerian travelers.
Governor Siminalayi Fubara assures investors Rivers State is secure and open for oil and gas business. Discover opportunities in Nigeria's hydrocarbon heartland.
Discover 5 government loan and grant schemes under Tinubu's administration helping Nigerians overcome economic hardship. Learn how to apply for NELFUND, CrediCorp, and more.
Dr Omonigho Khalin Egbo's geochemical studies provide crucial data for Nigeria's energy security and revenue growth. Discover how his findings are shaping national oil policy.
The US commits to enhanced intelligence and defence equipment for Nigeria's fight against terrorists. This follows high-level talks in Washington. Read the full details.
NNPC Limited announces record N5.4 trillion profit after tax for 2024 and reveals ambitious $60 billion investment strategy to boost oil, gas and clean energy capacity by 2030.
US Congressman Bill Huizenga criticizes President Tinubu's administration for failing to address worsening insecurity in Nigeria during House subcommittee hearing.
Nigeria's government cancels indigenous language teaching policy after WAEC, NECO failures surge. Education Minister cites evidence-based decision for English-only instruction.
CBN executives and economic experts emphasize urgent need for coordinated monetary and fiscal policies to achieve Nigeria's economic stability. Learn about the new framework.
The House of Representatives issues a 7-day ultimatum to MDAs, threatening arrest warrants for non-compliance with the Naira-for-Crude Oil policy investigation. Full details on the escalating standoff.
MOSOP USA calls for Ogoni oil blocks removal from bidding rounds to protect fragile peace process. Federal Government urged to prioritize reconciliation before oil resumption.
Nigeria's oil production exceeds 1.7 million barrels daily as NUPRC reforms gain international support. Discover how Komolafe's leadership is driving sector recovery.