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Oil Revenue

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NUPRC Fails To Achieve 50% Of 2025 Revenue Target In H1

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) recorded 34.7 per cent of its 2025 revenue target in the first half of the year (January–June 2025), generating ₦5.21 trillion from crude oil, gas sales, and related activities. This falls short of the proportional mid-year benchmark needed to meet
August 13, 2025
Peter Obi Reveals Why UK Gov't Shutdown His 'Next' Company
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Peter Obi Reveals Why Nigeria Must Look Beyond Oil

The Presidential candidate of Labour Party, Peter Obi, said Nigeria must look beyond oil, a week after it was revealed the commodity no longer contributes to the country’s foreign reserves. Nigeria’s oil revenue once accounted for the majority of its foreign reserves,
November 28, 2022

Oil Revenue Drops As Nigeria Misses January OPEC Quota

Nigeria’s crude oil output target for January 2022 has dropped to 1.46 million barrels per day against a target of 1.683 million bpd as approved by the Organisation of Petroleum Exporting Countries. Officials of the Federal Ministry of Petroleum Resources and the
February 2, 2022

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