Stakeholders Upbeat As NUPRC Prepares for Oil Blocks’ Allocation
Gbenga Komolafe, CCE of NUPRC
There are high expectations in the upstream sector of the oil and gas industry as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced the commencement of the 2025 Licensing Round!-->!-->!-->…
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NNPC unveils 3D printing lab to boost local manufacturing, cut import
*The 3D printing lab
The Nigerian National Petroleum Company Limited, NNPC Ltd, has taken a major leap in indigenous technology development with the commissioning of 3D printing infrastructure and a Digital Fabrication Laboratory,!-->!-->!-->…
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NUPRC sets December 1 for 2025 Licensing Round
… Moves to Tackle Funding Gaps in Upstream Sector
The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has announced that the 2025 Licensing Round will officially commence on December 1, 2025, marking a major push to unlock!-->!-->!-->!-->!-->…
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Dangote Refinery Attributes Recent Fuel Price Drop To Own Price Reduction
Dangote Petroleum Refinery clarifies that the recent reduction in PMS pump prices by oil marketers was a direct response to our price cut on November 6.
“It was not caused by the temporary reversal of the 15% import tariff.
“We!-->!-->!-->!-->!-->!-->!-->…
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Gas: AGPC launches two 100,000-barrel condensate tanks
ANOH Gas Processing Company Limited (AGPC) has commissioned two 100,000-barrel condensate buffer tanks at its state-of-the-art gas processing facility in Assa North, Ohaji South Local Government Area of Imo State.
The milestone!-->!-->!-->!-->!-->…
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Nigeria Launches First Indigenous Crude Oil Terminal
Nigeria’s finally getting its own crude oil export terminal, and it’s about time! Located in Otakikpo, Rivers State, this terminal is set to change the game in the oil and gas sector. For years, we’ve been relying on foreign-built!-->!-->!-->…
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Nigeria Lists $70m Real Estate Investment Fund On NGX
Nigeria has listed the commercial tranche of the ₦100 billion ($70 million) MOFI Real Estate Investment Fund (Series 2) on the Nigerian Exchange.
The fund is part of the Ministry of Finance Incorporated's (MOFI) ₦1 trillion issuance!-->!-->!-->!-->!-->…
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Analysts Suggest Path To Macroeconomic Growth, Lower Inflation
Analysts have suggested paths to macroeconomic growth and lower inflation in Q4:25.
They gave the suggestion against the backdrop of high global uncertainty, tighter global financial conditions, and rising borrowing costs, concerns!-->!-->!-->!-->!-->…
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Experts Warn Of Fiscal Instability As Nigeria’s Borrowing Grows
Despite repeated Federal Government’s assurances that recent borrowings are strategic and targeted at stimulating growth, a rising chorus of economists, policy experts, and civil society groups warn that the nation’s growing reliance!-->!-->!-->…
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Nigeria Cancels Planned 15% Fuel Import Duty
The Nigerian government has abandoned its plan to impose a 15 per cent ad-valorem import duty on petrol and diesel, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) announced during a statement this week.
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