NUPRC seeks more jobs, local value from offshore investments
The Nigerian Upstream Petroleum Regulatory Commission has urged stakeholders in Nigeria’s offshore oil and gas industry to ensure that rising investments in the sector generate substantial employment, technology transfer and broader!-->!-->!-->…
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Nigerian equities swing to N1.88 trillion losses ahead of Dangote Refinery IPO
…First HoldCo tumbles 9.30% as market breadth collapses to 4 gainers against 62 losersThe Nigerian equities market reversed Monday’s bullish momentum in dramatic fashion on Tuesday, September 8, 2026, as the benchmark All-Share!-->!-->!-->!-->!-->…
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President Tinubu Urges Banks To Fund Production, Jobs As Next Reform Phase Targets Living Standard
President Bola Ahmed Tinubu has charged Nigeria’s banking and financial services industry to move beyond balance-sheet expansion and channel more capital into businesses, production and job creation, saying the next phase of the!-->!-->!-->…
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NMDPRA denies AGF report of under-remitted gas flare penalties
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has denied the report of alleged under-remitted gas flare penalties contained in the Office of the Auditor-General of the Federation’s 2023/2024 Annual!-->!-->!-->…
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NCDMB To Feature Nwabuikwu’s ‘The Pain and The Promise’ In Book Reading Session
By Saidu AbubakarThe Nigerian Content Development and Monitoring Board (NCDMB) will host the fifth edition of its Book Reading Programme on Tuesday, September 15, 2026, featuring writer, journalist, public policy analyst and!-->!-->!-->!-->!-->…
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Not a penny of recovered assets will be mismanaged under my watch — EFCC boss assures Nigerians
Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has assured Nigerians that recovered assets will not be mismanaged under his leadership.Olukoyede gave the assurance on Tuesday amid an ongoing debate!-->!-->!-->!-->!-->…
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NNPC Disowns Intercepted Truck By NDLEA, Supports Full Investigation
The Nigerian National Petroleum Company Limited (NNPC) Ltd commends the National Drug Law Enforcement Agency (NDLEA) for its vigilance and professionalism in intercepting a truck reportedly found with 2,145kg of cannabis concealed in a!-->!-->!-->…
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NUPRC to commence 2026 oil licensing round in October, says CEO
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it plans to commence its next oil licensing round by early October.In an interview with S&P Global, Oritsemeyiwa Eyesan, NUPRC’s chief executive officer (CEO),!-->!-->!-->!-->!-->…
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Dangote Refinery set for IPO signing ceremony in Lagos
The Dangote Petroleum Refinery is set to hold the signing ceremony for its Initial Public Offering (IPO) in Lagos, marking a major milestone in the company’s journey to becoming a publicly listed firm.The event is scheduled to take!-->!-->!-->!-->!-->…
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NUPRC Plans Twice-Yearly Oil Licensing Rounds to Push Nigeria’s Output Towards 4m bpd
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is considering conducting oil licensing rounds twice a year as part of efforts to attract fresh investment, bring more operators into the upstream sector and significantly!-->!-->!-->…
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