NUPRC's $10bn Licensing Round Hailed as Global Transparency Model
UK-based GETI commends NUPRC's digital licensing portal, projecting $10bn investment. A new benchmark for Africa's oil sector under Engr. Gbenga Komolafe's leadership.
Category : Search result: Zero Oil Plan
Pacific Island Office Aids Sanctions-Busting Oil Smuggling
A beachside office in the Cook Islands is being used by dozens of tankers to smuggle Russian and Iranian oil, undermining Western sanctions. New Zealand expresses alarm. Read the full investigation.
Nigeria eyes $10bn from 50 oil blocks lease
Nigeria's NUPRC launches 2025 oil licensing round for 50 blocks, aiming to raise $10bn and boost output by 400,000 barrels per day. Discover the transparent bidding process.
LASU Admits 14,893, Warns New Students Against Cultism
Lagos State University matriculated 14,893 new undergraduates for 2025/2026, with the Vice-Chancellor warning against cultism, exam malpractice, and gender-based violence. Read the full story.
TotalEnergies Sells Nigeria Offshore Stake to Chevron
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron subsidiary. Deal aims to develop new opportunities in Nigeria's oil sector.
TotalEnergies Sells Nigeria Offshore Stake to Chevron
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron. The deal aims to derisk and develop new opportunities in Nigeria's oil sector. Full details inside.
OPEC Keeps Nigeria's Oil Output at 1.5m bpd to 2026
OPEC confirms Nigeria's oil production quota remains at 1.5 million barrels per day until December 2026 to ensure global market stability. Read the full details.
OPEC+ Pauses Oil Output Hikes Until March 2026
OPEC+ reaffirms plan to maintain current oil production levels until March 2026 and agrees on a new capacity assessment mechanism. Learn how this decision impacts global oil markets.
LASUED Disowns Staff in Sexual Violence Case
LASUED clarifies a convicted sex offender was never a staff member, reinforcing its zero-tolerance policy against sexual violence on campus. Read the full details.
OPEC+ Likely to Maintain Current Oil Production Levels
OPEC+ ministers are expected to keep oil output unchanged in Sunday's online meeting amid price uncertainty. Analysts predict no major market changes as group watches Ukraine talks.
OPEC+ Expected to Maintain Current Oil Output Levels
OPEC+ ministers are expected to maintain current oil production levels in their upcoming online meeting. Analysts cite market uncertainty and Ukraine conflict impacts on prices. Read more.
Ogoni Lament FG Silence After Oil Resumption Report
Ogoni communities express frustration over Federal Government's silence months after receiving crucial committee report on potential oil exploration resumption in Ogoniland.
OPEC+ 2025 Oil Output Policy: A Review
OPEC+ surprised markets in 2025 by hiking oil production. Discover how this strategy fared, the role of Trump's return, and what's next for global oil prices.
MAN Warns Against SSB Tax Hike, Cites Job Risks
Manufacturers Association of Nigeria warns proposed sugar-sweetened beverage tax increase could undermine local production, threaten jobs, and distort investments. Urge lawmakers to reconsider.
Putin's Ukraine Ultimatum: Cede Land or Face War
Russian President Putin demands Ukraine cede occupied territories for peace, threatening continued military action. US proposes new peace plan as conflict escalates. Read the latest developments.
Reps Demand EFCC Account for Seized Crude Oil
House of Representatives committee presses EFCC for full details on crude oil seizures and sales under Naira-for-Crude Policy. Hearing adjourned to December 4.
Rivers remains key oil investment hub - Fubara
Governor Siminalayi Fubara assures investors Rivers State is secure and open for oil and gas business. Discover opportunities in Nigeria's hydrocarbon heartland.
Deadly Russia-Ukraine strikes amid peace plan talks
Russia and Ukraine trade deadly attacks as US President Trump's peace proposal faces European resistance. Six killed in Kyiv, three in Rostov. Updated plan aims to uphold Ukrainian sovereignty.
Scientific Research Guides Nigeria's Oil Production
Dr Omonigho Khalin Egbo's geochemical studies provide crucial data for Nigeria's energy security and revenue growth. Discover how his findings are shaping national oil policy.
Tinubu: 1,000 Businesses Planned for Every Ward
President Bola Tinubu announces a plan to establish 1,000 active businesses in each of Nigeria's 8,809 wards to stimulate grassroots economic growth, job creation, and skills acquisition.
Fintiri Inaugurates National Livestock Council
Adamawa State inaugurates the National Council on Livestock Development, a major step to boost Nigeria's economy, ensure food security, and reduce herder-farmer conflicts.
NNPC Posts N5.4trn Profit, Reveals $60bn Investment Plan
NNPC Limited announces record N5.4 trillion profit after tax for 2024 and reveals ambitious $60 billion investment strategy to boost oil, gas and clean energy capacity by 2030.
Russia seizes 3 Ukrainian villages as Geneva talks begin
Russia announces the capture of three more villages in eastern Ukraine. The advance comes as international officials gather in Geneva to discuss a controversial US peace plan for ending the war.
Trump's Ukraine Peace Plan Faces Geneva Test
US President Trump signals flexibility on Ukraine peace proposal as Geneva talks approach. Kyiv seeks changes to plan requiring territorial concessions and NATO restrictions. Read latest developments.
Biblical Principles: Antidote for Marital Crises
Marriage counsellor Shola Faphounda urges couples to adopt biblical principles to combat marital crises. Discover the key insights from a new book launch in Akure.
Trump's Ukraine Peace Plan Requires Land Concessions
White House reveals 28-point peace proposal requiring Ukraine to cede territory to Russia and limit military size. Plan includes NATO restrictions and territorial recognition.
US Peace Plan for Ukraine-Russia War Unveiled
White House confirms Trump administration's peace proposal for Ukraine conflict, calling it beneficial for both sides despite concerns it favors Moscow. Read details.
NACO Coordinator Olusegun Awolowo Dies at 62
Nigeria mourns the passing of Olusegun Awolowo, National Coordinator of Nigeria AfCFTA Coordination Office. Tributes pour in for the dedicated public servant who served three presidents. Learn about his legacy.
Ukraine to Work with US on Russia War End Plan
Ukraine agrees to develop US-drafted peace plan with Russia. Proposal includes territorial concessions and military reductions. Zelensky to discuss with Trump.
Ex-NEPC Boss Olusegun Awolowo Passes Away at 62
Nigeria mourns Olusegun Awolowo, former NEPC executive director and grandson of Chief Obafemi Awolowo, who died at 62. Read about his legacy in Nigerian trade and public service.
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