Category : Search result: oil revenue loss


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.

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.

Fitness Coach Dies After Extreme Eating Challenge

Russian fitness coach Dmitry Nuyanzin, 30, tragically passed away after cardiac arrest following extreme binge-eating challenge to promote weight-loss program. Health experts warn about dangers.

Kano Free Trade Zone Hits N18.8b Revenue in 2025

Kano Free Trade Zone reports N18.8 billion revenue from Jan-Oct 2025, signaling growth in Nigeria's non-oil sector. Discover how this achievement boosts economic diversification.

Sokoto's African Locust Trees Face Dual Threat

Military counter-insurgency operations and severe flooding endanger African locust trees in Sokoto, threatening livelihoods and biodiversity. Learn how this crisis impacts local communities.

Daily Pill Aids 10% Weight Loss in New Study

A new daily weight loss pill from Eli Lilly shows promise in helping people lose significant body weight without injections. Learn about this potential game-changer for obesity treatment in Nigeria.

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 Probe Billions Lost in Oil, Agriculture, Properties

The House of Representatives launches a major investigation into massive revenue leakages in Nigeria's oil sector, Anchor Borrowers' Programme, and over 11,000 abandoned federal properties valued at N20 trillion.

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