NUPRC Marks Four Years with Major Achievements in Nigeria’s Upstream Oil Sector
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced landmark achievements in its four years of operation under the Petroleum ...
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Tag: #OilAndGas
NCDMB Urges Indigenous Oil Firms to Explore Deepwater Opportunities
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Felix Ogbe, has called on leading indigenous oil ...
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Nigeria’s Fuel Import Bill Tops N4trn as Dangote Refinery Imports 60m Barrels of Crude in H1 2025
Nigeria’s ambition to achieve self-sufficiency in fuel production and fully harness the benefits of local oil refining remains uncertain, as ...
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NNPCL Seeks $60bn Investment to Boost Refining Capacity to 500,000 Barrels Daily
The Nigerian National Petroleum Company Limited (NNPCL) is seeking $60 billion in fresh investments to expand Nigeria’s refining capacity to ...
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NUPRC Completes Review of Marginal Oil Field Licences, Awaits Minister’s Approval
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has concluded a case-by-case review of marginal oil field licences due for renewal, ...
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NNPCL Posts N185bn Profit in July, Remits N7.9tr to Federation Account
The Nigerian National Petroleum Company Limited (NNPCL) has announced a profit after tax of ₦185 billion for July 2025, marking ...
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FIRS Meets 2025 Oil and Gas Revenue Target for First Time in Years
The Federal Inland Revenue Service (FIRS) has achieved its 2025 oil and gas sector revenue target — the first time ...
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NCDMB Unveils ‘Nigeria First’ Policy to Boost Local Content in Oil, Gas
The Nigerian Content Development and Monitoring Board (NCDMB) is finalising a new procurement framework titled the Nigeria First Procurement Policy, ...
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Federation Accounts Allocation Committee (FAAC) Disburses NGN1.30 Trillion to Governments in October, Marking 7.9% Increase
The Federation Accounts Allocation Committee (FAAC) announced last week a notable increase in the disbursement to the three tiers of ...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.