Category : Search result: indigenous oil producers


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.

TotalEnergies Sells Nigeria Offshore Stake to Chevron

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+ Pauses Oil Output Hikes Until March 2026

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.

Nigerian Army Graduates 152 in Language Course

The Nigerian Army Resource Centre graduates 152 soldiers in Hausa, Igbo, and Yoruba to boost intelligence gathering and community trust. Learn how this initiative enhances national security.

OPEC+ 2025 Oil Output Policy: A Review

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.

Army Graduates 152 in Indigenous Language Course

The Nigerian Army Resource Centre graduates 152 soldiers in indigenous languages to boost intelligence gathering and operational effectiveness. COAS urges proficiency in Hausa, Igbo, and Yoruba.

Nigeria reverses mother tongue education policy

Educator Oluwafemi Popoola explains why Nigeria reversed its 2022 National Language Policy. Data showed children struggled, prompting a return to English for instruction while keeping indigenous languages as subjects.

US Ends 15% Tariff on Ghana's Cocoa Exports

United States removes 15% tariff on Ghana's cocoa and agricultural exports, set to generate $60 million additional annual revenue for Ghana's economy. Read full details.

South-West Summit Demands State Police, Security Reform

Nigerian Senate and South-West leaders unite at Lagos security summit, calling for state police, tech-driven Amotekun, and community-focused strategies to combat rising insecurity. A collaborative approach is essential for safeguarding the region.

Nigeria Ends Mother Tongue Education Policy

Nigeria's government cancels indigenous language teaching policy after WAEC, NECO failures surge. Education Minister cites evidence-based decision for English-only instruction.

US MOSOP: Exclude Ogoni from oil block bids

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.

Reps Panel Vows to End Oil Revenue Leakages

House of Representatives committee pledges to halt massive revenue losses in Nigeria's oil and non-oil export sectors, aiming to recover billions lost annually through systemic leakages.

44 Lawmakers Call for Nnamdi Kanu's Release

44 federal lawmakers from across Nigeria have written to President Tinubu, demanding Nnamdi Kanu's release and political dialogue to address Southeast tensions and national unity.

Emadeb Records First Oil Production from Ibom Field

Emadeb Exploration and Production Company Limited has commenced commercial oil production from Ibom Field PPL 236, marking a significant milestone for Nigeria's upstream oil sector and indigenous operators.

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