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31 firms win 37 oil blocs in 2025 licensing round

Thirty-one indigenous and international companies have emerged successful bidders for 37 oil and gas assets in Nigeria's 2025 Licensing Round…

1 month ago

NUPRC: Technical capacity, not highest bid, will decide oil blocs’ winners

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says companies seeking to acquire oil and gas assets in the ongoing 2025…

1 month ago

Reps summon foreign affairs minister, NSA over fake agency probe

The House of Representatives ad-hoc committee investigating the circumstances surrounding the Presidential Foreign Investment Promotion Council (PFIPC) has invited the…

1 month ago

CBN retains interest rate at 26.5%

The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR), the country's benchmark interest rate, at 26.5…

1 month ago

FG returns 13 unsold oil blocs to licensing pool

The Federal Government has announced that 13 of the 50 oil and gas blocs offered under the 2025 Licensing Round…

1 month ago

Iyabo Obasanjo denies demanding money from Yayi, accuses senator of blackmail

Former Ogun State governorship aspirant, Senator Prof. Iyabo Obasanjo, has dismissed allegations by the All Progressives Congress (APC) governorship candidate,…

1 month ago

NUPRC raises stakes for oil investors with strict licence terms

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned successful bidders in the 2025 Licensing Round that they have 90…

1 month ago

PFIPC scandal: Akume, Oyedele, Fagbemi, others appear before Reps today

The House of Representatives has invited the Secretary to the Government of the Federation (SGF), George Akume, to explain how…

1 month ago

Tinubu appoints Fayose, Bindawa, 24 others into federal agencies

President Bola Tinubu has approved the appointment of 26 officials into 10 federal government agencies and commissions, naming former Ekiti…

1 month ago

FG contradicts military over attack on Borno school

The Federal Government has dismissed an attack on the Federal Government Girls' College (FGGC) in the Monguno area of Borno…

1 month ago

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