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Business

NUPRC Gives Oil Block Owners October 31 Deadline, Threatens Licence Revocation

  The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned oil and gas block holders to commence development activities on their assets by October 31,...
Akeem Adebayo -
Energy

Nigeria Opens 2026 Oil Licensing Round With 40 Blocks on Offer

Nigeria has formally launched its 2026 oil and gas licensing round, offering 40 blocks across land, shallow water and deepwater terrains as the government...
Akeem Adebayo -
Energy

Pertamina eyes Nigeria oil assets as NUPRC opens talks on 2026 licensing round

Nigeria is seeking to deepen petroleum investment ties with Indonesia as Indonesian state-owned oil company Pertamina signals interest in opportunities under the country’s 2026...
Akeem Adebayo -
Energy

NUPRC Warns: Idle Gas Flare Site Awards Face Revocation

Awardees of gas flare sites risk losing their permits if they fail to utilise them, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned...
Akeem Adebayo -
Energy

Nigeria’s Oil Regulator Accelerates Auctions and Tightens Rules to Reverse Output Decline

Nigeria’s upstream regulator is accelerating the pace of oil licensing rounds and introducing stricter “drill-or-drop” conditions in an attempt to reverse more than a...
Akeem Adebayo -
Energy

NUPRC Clarifies $300 Helicopter Levy for Offshore Oil Operations

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has clarified the application of the US$300 helicopter levy for air navigational services, confirming that the charge...
Akeem Adebayo -
Energy

NUPRC Says Delayed Abuja Headquarters Is Hurting Nigeria’s Investment Image

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called for the speedy completion of its proposed headquarters in Abuja, saying the prolonged delay is...
Akeem Adebayo -
Energy

PENGASSAN, NUPRC Unite to Push Nigeria’s Oil Output to 3m bpd by 2030

ABUJA — The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has pledged to work with the Nigerian Upstream Petroleum Regulatory Commission...
Akeem Adebayo -
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Sports

Mbappe Strikes Late as Real Madrid Beat Barcelona to End Unbeaten Run

Kylian Mbappe scored twice, including an 87th-minute winner, as Real Madrid defeated Barcelona 2-1 in El Clasico to end...
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Business

FG Releases ₦38.93bn for Universities, Polytechnics, Colleges

  The Federal Government has disbursed ₦38.93 billion to 166 public tertiary institutions nationwide under the Needs Assessment Revitalisation Fund...
news

Customs to Host Two Major Conferences on Border Security, African Trade

  The Nigeria Customs Service (NCS) will host two major international conferences in Abuja in December to strengthen border security,...

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Sports

Mbappe Strikes Late as Real Madrid Beat Barcelona to End Unbeaten Run

Kylian Mbappe scored twice, including an 87th-minute winner, as...
Business

FG Releases ₦38.93bn for Universities, Polytechnics, Colleges

  The Federal Government has disbursed ₦38.93 billion to 166...

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