Category : Search result: Nigeria upstream sector


First Female NUPRC Chief Eyesan Drives Upstream Reforms

Chief Mrs. Oritsemeyiwa Eyesan makes history as the first woman to lead Nigeria's upstream oil regulator. Discover her strategic vision for boosting production, gas monetisation, and transparency to attract investment and secure Nigeria's energy future.

Dangote Refinery: Why MRS Sells Petrol at ₦739

Dangote Refinery clarifies it sells petrol uniformly to all marketers at ₦699. The ₦739 price at MRS stations is due to market competition, not preferential treatment. Read the full details.

FG Warns Oil Firms, May Revoke Undeveloped Blocks

The Federal Government warns it may revoke licenses for undeveloped oil blocks. Minister Lokpobiri says licenses are not status symbols, and no refunds will be given. Read the latest on Nigeria's energy sector.

Fuel Price War Deepens as Marketers Undercut Dangote

A fierce petrol price war is reshaping Nigeria's fuel market as independent marketers slash prices below Dangote's N739 rate. Discover how this battle for customers is impacting motorists and the industry's future.

Aviation Sector Unfriendly to Tourists in 2025

Former NANTA President Olusoji Amusan criticizes Nigeria's aviation sector for failing to boost tourism in 2025, citing weak support for airlines like Air Peace. Read the full analysis.

NUPRC Leads 357 MDAs in ICPC Ethics Assessment

Nigeria's upstream oil regulator, NUPRC, ranked first in the ICPC's 2025 ethics evaluation. The top score signals strong governance reforms and boosts investor confidence in the sector. Read the full analysis.

Seafarers Seek Tax Clarity Ahead of 2026 Regime

Nigerian maritime stakeholders call for tax exemptions and clear guidelines for seafarers before the 2026 tax reform. They warn the new regime could unfairly burden this vital workforce.

Chappal Energies gets $430m financing for oil assets

Chappal Energies secures a $430 million reserve-based lending package to refinance its acquisition of Equinor's Nigerian assets and fund development. This deal highlights investor confidence in well-structured African upstream projects despite tight capit

Nigeria, U.S. Sign $5.1 Billion Health Security Agreement

Nigeria and the US have signed a landmark $5.1 billion health agreement, blending $2.1B in US grants with $3B in Nigerian funding. This pact aims to strengthen primary healthcare and disease response from 2026-2030.

First Woman Appointed as NUPRC CEO, WIME Lauds Tinubu

Women in Maritime & Energy (WIME) commends President Tinubu for appointing Mrs. Oritsemeyiwa Eyesan as the first female Chief Executive of Nigeria's upstream oil regulator. Read more on this milestone for gender inclusion.

Private Sector Joins Push for Stability in Nigeria

Key Nigerian private sector actors unite with civil society to design market-driven strategies for economic resilience and preventing violent extremism in fragile states. Discover the innovative plans.

Tinubu Nominates Oritsemeyiwa Eyesan as NUPRC CEO

President Bola Tinubu nominates Oritsemeyiwa Eyesan, an NNPC veteran with 33 years of experience, as the new Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Discover her career journey and strategic impact on Nigeria's oi

Nigeria Intensifies Fight Against Unaffordable Healthcare

Federal and state governments, with global partners, are ramping up efforts to make healthcare affordable for all Nigerians. Key strategies include expanding health insurance and systemic reforms under the NHSRII initiative.

House of Reps Intervenes in Dangote, NMDPRA Dispute

The House of Representatives has stepped in to mediate the escalating conflict between Dangote Refinery and the NMDPRA. Both parties have been summoned to present their cases. Read the full story.

Nigeria's Economy Grows 3.98% in Q3 2025

Nigeria's economy expanded by 3.98% in Q3 2025, with services and agriculture leading growth. The non-oil sector remains a key driver. Discover the full breakdown and what it means for the nation's economic outlook.

Nigeria's GDP Hits 3.98% in Q3 2025

Nigeria's economy expanded by 3.98% in Q3 2025, fueled by strong performances in Agriculture, ICT, and Finance. Get the full breakdown of the NBS report and what it means for the nation's growth trajectory.

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