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PenCom raises equity limits across RSA funds

  • 16th February 2026
Livestock sector can generate N33trn annually - FG

FG, DBN, W’Bank partner to boost finance for

  • 16th February 2026
RMAFC unveils revenue collection software

RMAFC denies reports of oil wells transfer to

  • 16th February 2026

BPP trains over 800 officers in 2025/2026 capacity

  • 16th February 2026

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MSMEs lose ₦5–₦10tn yearly to employee fraud – CPPE

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Petrol imports drop 42.2% as Dangote supply rises

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PenCom raises equity limits across RSA funds

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Dangote Refinery loses N32.5bn after petrol price cut

Dangote Refinery supplies 62% of Nigeria’s PMS, surpasses importers

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Tag: oil blocs

featured Oil and Gas

NUPRC opens 50 oil blocks for 2025 bidding round

The Nigerian Upstream Petroleum Regulatory Commission has launched the 2025 licensing round by opening 50 oil and gas blocks across five sedimentary basins for bidding and exploration. The commission has warned that only technically competent and financially strong firms will be permitted to advance in the process. The exercise aims to eliminate speculative participation and […]

Monthly petrol import drops by 990m litres - Minister
Oil and Gas

FG unveils 50 oil blocks, targets $10bn investment

The Federal Government has announced the immediate opening of bids for 50 oil and gas blocks, a move projected to attract $10 billion in new investments and increase national oil production by an estimated 400,000 barrels per day. Over the next ten years, the government also aims to secure 10 billion barrels of oil in […]

Oil and Gas

Oil blocs licensing to end in April –FG

The Federal Government declared on Monday that the seven deep offshore open oil blocs’ licensing round, which started on January 3, 2023, will end in four months time It asked investors with knowledge of and experience with deep-water operations from around the world to accept the financial terms of the Petroleum Industry Act 2021 and […]

FG target Spanish investors for seven oil blocs
Investment

FG target Spanish investors for seven oil blocs

  The Federal Government of Nigeria on Thursday reached out to Spanish investors in an effort to entice them to participate in Nigeria’s 2022 deep offshore mini-bid round. According to The PUNCH, the government also announced that Spain would provide Nigeria with support in the area of oil and gas sector security. During a meeting […]

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