Tag: Nigerian Upstream Petroleum Regulatory Commission

Tinubu orders direct remittance of oil revenues to federation, suspends NNPC deductions in major fiscal shake-up

Business Damilola Bayonle -
Tinubu orders direct remittance of oil revenues to federation to plug leakages President Bola Tinubu has issued a sweeping Executive...

NNPCL moves to begin drilling in Ogun as Tinubu backs frontier oil expansion

Business Damilola Bayonle -
NNPCL set to commence drilling in Ogun oil block Nigeria’s state oil firm is advancing plans to begin commercial drilling...

President Tinubu sends Nigerian Petroleum Regulation Board appointments to Senate

Politics Omolola Akinyemi -
President Tinubu nominates chairmen, executive, and non-executive members for Nigerian Petroleum Regulation Board appointments, seeking swift Senate confirmation. President Bola...

NUPRC Hits 34.7% Revenue Target, Generates N5.2trn

Business Damilola Bayonle -
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that it generated ₦5.21 trillion in revenue between January and...

Nigeria Debuts ‘Obodo’ Crude to Shake Up Oil Market

Business Damilola Bayonle -
Nigeria has launched a new chapter in its oil production story with the successful market entry of a new...