Tag:oil production

Energy

Tinubu Approves Deep Offshore Framework to Unlock $50bn Investment

ABUJA — President Bola Ahmed Tinubu has approved a new Deep Offshore Investment Framework designed to unlock up to US$50 billion in new investment...
Akeem Adebayo -
news

NDDC Goes Digital… Ogbuku Unveils Paperless System, Lists 600km Roads, ₦6bn SME Boost

The Managing Director of the Niger Delta Development Commission (NDDC), Dr. Samuel Ogbuku, has disclosed that the Commission has fully embraced digital technology and...
Saladin Babagana -
Energy

NUPRC Hails ExxonMobil $1bn Investment, Issues New Licences

ABUJA, Nigeria  — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has welcomed ExxonMobil’s $1 billion investment in the Usan Infill Project while awarding Petroleum...
Akeem Adebayo -
Energy

NNPC Smiles to Bank as Profit Hits N462bn, Oil Output Climbs to 1.73m Barrels Daily

  NNPC Limited has recorded a whopping ₦462 billion Profit After Tax in May 2026, as the national oil company posted improved operational and financial...
Akeem Adebayo -
Energy

Oil Theft Drop Drives Nigeria’s Output to 1.7m bpd” — Reps, HOSTCOM Credit Tantita for Recovery

Abuja, Nigeria – Nigeria’s crude oil production has climbed from below 1.2 million barrels per day to over 1.7 million bpd, with lawmakers and...
Akeem Adebayo -

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Babangida Gave Nigeria Stability, Direction, Cohesion at 85, Senators Say

ABUJA — The Northern Senators Forum has described former Military President, General Ibrahim Badamasi Babangida, as a leader who...
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Aviation

Keyamo Seeks IATA Review of Osubi Airport Code QRW

The Minister of Aviation and Aerospace Development, Festus Keyamo, has asked the International Air Transport Association (IATA) to review...
Sports

NFF Orders Super Falcons Technical Crew to Step Down After WAFCON Exit

The Nigeria Football Federation (NFF) has directed the technical crew of the Super Falcons to step down with immediate...

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Newsbeats

Babangida Gave Nigeria Stability, Direction, Cohesion at 85, Senators Say

ABUJA — The Northern Senators Forum has described former...
Aviation

Keyamo Seeks IATA Review of Osubi Airport Code QRW

The Minister of Aviation and Aerospace Development, Festus Keyamo,...

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