Browsing Tag
Energy Investment
3 posts
Federal Government Settles N330 Billion Debt to Power Producers and Launches N729 Billion Bond
The Nigerian government has paid N333 billion to eight power generation firms and introduced a N729 billion bond to resolve industry debts and boost investment.
Nigeria Plans 300,000bpd Production Boost Following 2026 Licensing Strategy
The Nigerian government projects a 300,000 barrel per day increase in oil production through the 2025 licensing round, with plans for further expansion in 2026 to reach national output goals.
NUPRC Awards Oil Licences to 12 Firms as New Deepwater Project Emerges
The NUPRC has issued 19 petroleum prospecting licences to 12 firms, while ESSO Exploration announced a $300 million deepwater investment project in Nigeria.