Category : Search result: Nigerian oil assets

Nigerian Troops Arrest 90 Terrorists, Rescue 53 Victims in Major Crackdown

Troops Arrest 90 Terrorists, Rescue 53 Victims

Nigerian security forces have arrested 90 terrorists, including a wanted kingpin, and rescued 53 kidnap victims in nationwide operations. A major oil theft worth over N15 million was also foiled. Read the full report on this significant security breakthro

16-Year-Old OAU Medical Student Wins N1m NCDMB Essay Prize

16-year-old OAU student wins NCDMB essay competition

Akande Oyinkansola Josephine, a 16-year-old OAU medical student, has won the 2025 NCDMB National Undergraduate Essay Competition and received a one million naira prize. Read her inspiring story.

Senate Demands NNPCL Return N210 Trillion in Unaccounted Funds

Senate Orders NNPCL to Refund N210 Trillion

Nigerian Senate demands NNPCL refund N210 trillion in unaccounted funds after CEO snubs hearing. Auditor-General's report reveals massive financial discrepancies from 2017-2023 operations.

Nigeria Loses $15bn Yearly to Oil Theft, Threatening Reforms

Nigeria loses $15bn annually to oil theft

Experts reveal Nigeria loses $15 billion yearly to oil theft, undermining Tinubu's reforms and economic growth. Urgent action is needed to secure the nation's energy future.

NUPRC Announces 2025 Oil Licensing Round to Boost Nigeria's Production

Nigeria Sets December 1 for 2025 Oil Licensing Round

NUPRC confirms 2025 oil licensing round starting December 1, aiming to boost Nigeria's crude production and create new investment opportunities. Learn how this could transform Nigeria's energy sector.

NSCDC FCT Commandant Urges Stronger Inter-Agency Security Collaboration

NSCDC FCT Commandant Calls for Enhanced Security Synergy

NSCDC FCT Commandant Dr. Olusola Odumosu emphasizes sustainable inter-agency collaboration for improved national security during visit by Armed Forces College. Learn how security agencies are strengthening cooperation.

Standard Chartered Nigeria to Close Accounts Below N7.5M in 2026

Nigerian Bank to Close Accounts Under N7.5M Balance

Standard Chartered Bank Nigeria will close customer accounts with less than N7.5 million in February 2026. Learn about the new requirements and branch closures affecting personal banking customers.

Presco Plots Major Expansion with ₦23.7 Billion Rights Issue to Boost Production Capacity

Presco Plans ₦23.7 Billion Rights Issue for Expansion

Nigerian agro-industrial giant Presco Plc announces ambitious ₦23.7 billion capital raise through rights issue to fund expansion projects and enhance palm oil production capabilities across its operations.

Local Content: The Game-Changer for Africa's Energy Future Says NCDMB

Local Content Key to Africa's Energy Future

Nigerian Content Development and Monitoring Board reveals how prioritizing local content is transforming Africa's energy sector and creating sustainable growth opportunities.

Nigeria Loses ₦300 Billion to Crude Oil Theft in Niger Delta - Senate Investigation Reveals Shocking Decade-Long Drain

Nigeria Lost $300B to Oil Theft - Senate Probe

Shocking Senate probe exposes how Nigeria lost over $300 billion in crude oil revenues from Niger Delta region due to massive theft and pipeline vandalism over 10 years, threatening national economy.

Dangote Refinery Shakes Up Nigerian Market With Major Petrol Price Cut - Competition Intensifies

Dangote Refinery Cuts Petrol Prices, Shakes Market

In a dramatic market move, Dangote Petroleum Refinery has significantly reduced petrol prices, triggering a competitive battle that's transforming Nigeria's downstream oil sector and bringing relief to consumers.

BP Records Massive Profit Surge as Oil Prices Skyrocket - See the Stunning Numbers!

BP Profit Surges to $2.7B as Oil Prices Soar

British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.

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