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EXPLAINER: What Tinubu's new deep offshore tax incentives mean for Nigeria

Nigeria, Aug. 13 -- President Bola Tinubu announced on Tuesday that he approved the Deep Offshore Oil and Gas Tax Credit Order, 2026-a new fiscal incentive designed to attract large-scale investments ... Read More


Nigeria's crude oil production down 4% in July - NUPRC

Nigeria, Aug. 13 -- Nigeria's crude oil production declined by four per cent in July 2026, although the country continued to exceed its OPEC production quota for the third consecutive month, the Niger... Read More


ANALYSIS: OsunDecides2026: Ex-governors, their remarkable feats, low moments

Nigeria, Aug. 12 -- Osun State was created from the old Oyo State in August 1991 by the military government of General Ibrahim Babangida. Since then, the state has been ruled by appointed military adm... Read More


Tinubu approves framework to unlock $50bn deep offshore investment

Nigeria, Aug. 11 -- President Bola Tinubu has approved a new investment framework designed to unlock up to $50 billion in deep offshore oil and gas investments and revive major projects that have rema... Read More


53.7m barrels of crude oil, condensate supplied to local refiners in Q2 - NUPRC

Nigeria, Aug. 11 -- The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says a total of 53.7 million barrels of crude oil and condensate were supplied to local refiners between April and Jun... Read More


Nigeria Immigration deploys passport intervention team to UK

Nigeria, Aug. 10 -- The Nigeria Immigration Service (NIS) says it will deploy a dedicated Passport Intervention Team to the United Kingdom to facilitate the processing and issuance of passports to Nig... Read More


NUPRC approved over $57 billion in oil, gas development plans since 2024-Official

Nigeria, Aug. 5 -- The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has approved more than $57 billion in Field Development Plans (FDPs) since 2024, amid Nigeria's aggressive push... Read More


Dangote Refinery raises $2.5 billion in Africa's largest private equity placement

Nigeria, July 23 -- Dangote Petroleum Refinery and Petrochemicals has raised approximately $2.5 billion in fresh equity after successfully concluding a private placement that was 3.7 times oversubscri... Read More


Nigeria's solar boom bypasses national grid as utility-scale investment stalls - Report

Nigeria, July 23 -- Nigeria has emerged as sub-Saharan Africa's fastest-growing market for small-scale solar systems, but weak investment in utility-scale renewable energy projects is preventing the c... Read More


BREAKING: 31 firms win 37 oil, gas blocks in Nigeria's 2025 Licensing Round

Nigeria, July 22 -- Thirty-one companies have emerged winners of 37 oil and gas blocks in Nigeria's 2025 Licensing Round following the conclusion of the commercial bid conference held in Abuja on Tues... Read More