Business

SPECIAL REPORT: Evaluating The NUPRC’s Landmark Licensing Round In Nigeria

SPECIAL REPORT: Evaluating The NUPRC’s Landmark Licensing Round In Nigeria

Nigeria has taken a decisive step toward reshaping its upstream oil and gas map, with 31 companies emerging as winners…
Dangote Refinery Completes $2.5Bn Private Equity Placement

Dangote Refinery Completes $2.5Bn Private Equity Placement

Dangote Petroleum Refinery and Petrochemicals, announced that it has successfully completed a landmark Private Equity Placement that raised approximately US$2.5…
Oil Prices Hit Month-High As Supply Disruption Worsens

Oil Prices Hit Month-High As Supply Disruption Worsens

Oil prices hit their highest in more than a month on Thursday, rising for a ‌fifth day after Yemen’s Houthis…
Nigeria Business Group Pushes Private-Led Industrial Transformation Plan

Nigeria Business Group Pushes Private-Led Industrial Transformation Plan

The NEPAD Business Group Nigeria (NBGN) has called for a sweeping overhaul of the country’s economic planning model, urging a…
FG Partners Dangote To Bridge Housing Deficit

FG Partners Dangote To Bridge Housing Deficit

The Federal Government has reaffirmed its partnership with the Dangote Cement Plc and other industry stakeholders to drive affordable and…
31 Companies Emerge Winners Of NUPRC’s Oil Bid Round

31 Companies Emerge Winners Of NUPRC’s Oil Bid Round

After a keenly contested bidding process, 31 companies emerged winners of 37 oil and gas blocks at the 2025 Licensing…
NUPRC Wraps Nigeria’s 2025 Oil Licensing Bid Round

NUPRC Wraps Nigeria’s 2025 Oil Licensing Bid Round

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has concluded the commercial bid conference for the Nigeria 2025 Licensing Round, marking…
143 Firms Jostle For 50 Oil, Gas Blocks As NUPRC Holds 2025 Commercial Bid Conference

143 Firms Jostle For 50 Oil, Gas Blocks As NUPRC Holds 2025 Commercial Bid Conference

No fewer than 143 companies have submitted bids for the 50 oil and gas blocks across diverse terrains in Nigeria’s…
ECOWAS Leaders Sign Landmark Deal For African Atlantic Gas Pipeline

ECOWAS Leaders Sign Landmark Deal For African Atlantic Gas Pipeline

The African Atlantic Gas Pipeline (AAGP) Project has cleared a major hurdle after Heads of State of ECOWAS Member countries…
Petrol Import Rises In June As Domestic Supply Dips -NMDPRA

Petrol Import Rises In June As Domestic Supply Dips -NMDPRA

Oil marketers imported about 18.1 million litres per day of petrol in June 2026, up from 5.9million l/d imported in…
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