Tag: oil block licensing

FG rules out signature bonus refund as Nigeria tightens oil licensing rules

Business Damilola Bayonle -
Nigeria’s Federal Government has taken a firm stance on upstream petroleum investments, warning prospective investors in the 2025 oil...

NNPC Laments Delay in Oil Reserves Development

Business Damilola Bayonle -
The Nigerian National Petroleum Company Limited (NNPC) has raised concerns over the prolonged delay in exploiting the country’s vast...