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Tag: Upstream Oil Sector

Economy

Nigeria’s upstream investment hits $5.3bn – Tinubu’s aide

Nigeria has officially regained its status as the leading destination for energy capital in Sub-Saharan Africa, accounting for 38 per cent of all major energy project sanctions across the continent within the last 24 months. This disclosure was made on Thursday by the Special Adviser to the President on Energy, Ms Olu Verheijen, in an […]

Oil and Gas

NUPRC urges Bank of America to fund Nigeria’s upstream oil sector

The Nigerian Upstream Petroleum Regulatory Commission has urged the Bank of America to prioritize Nigeria’s upstream oil and gas sector in its investment portfolio to attract funding and boost oil production. NUPRC’s chief executive, Gbenga Komolafe, made the call during a meeting with Chuba Ezenwa, managing director and head of investment banking, Sub-Saharan Africa, Bank […]