BUSINESS● LOW1h ago · Oct 7, 2026, 7:23 AM
NUPRC seeks fresh capital, offers 40 oil blocks as output rises to 1.82mbpd
Vanguard Nigeria · sub saharan africa
•120 projects attract $47.6bn investment since 2024 •Nigeria accounts for 38% of Africa’s upstream investment •1.82mbpd figure includes condensate By Obas Esiedesa, Abuja The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, yesterday announced the offer of 40 oil blocks in the 2026 licensing round, as Nigeria intensifies efforts to attract fresh capital into the upstream sector, […] The post NUPRC seeks fresh capital, offers 40 oil blocks as output rises to 1.82mbpd appeared first on Vanguard News.
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