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Drill or Lose It: Nigeria’s Oil Regulator Sets October Deadlines for Dormant Block Holders

Drill or Lose It: Nigeria's Oil Regulator Sets October Deadlines for Dormant Block Holders

Drill or Lose It For years, holding an oil block in Nigeria could mean something close to owning a lottery ticket you never had to cash. Companies won acreage, filed it away, and waited, sometimes for two decades, while the barrels underneath stayed exactly where they were. That era is now being formally shut down, … Read more

Solardẹrọ Foundation Brings Solar Power to Nigerian Classrooms Where the Grid Doesn’t Reach

Solardẹrọ Foundation Brings Solar Power to Nigerian Classrooms Where the Grid Doesn't Reach

Solardẹrọ Foundation Brings Solar Power to Nigerian Classrooms Where the Grid Doesn’t Reach In a country where roughly 70 percent of rural residents live without a reliable connection to the national grid, a Lagos-based social enterprise is trying to solve the problem of darkness after sunset one school bag at a time, while laying groundwork … Read more

Nigeria’s NASDRA EU Launch €2.7m Satellite Project to Boost Food Security

Nigeria's NASDRA EU Launch €2.7m Satellite Project to Boost Food Security

Nigeria’s NASDRA EU Launch €2.7m Satellite Project to Boost Food Security Nigeria’s federal government and the European Union have inaugurated a €2.7 million agricultural initiative that uses satellite technology to help farmers make better decisions about what to plant, when to plant it, and how to manage their land as climate pressures increasingly threaten food … Read more

Nigeria’s Active Oil Rigs Climb Past 70 as Tinubu Pushes Operators on Compliance and Accountability

Nigeria's Active Oil Rigs Climb Past 70 as Tinubu Pushes Operators on Compliance and Accountability

Nigeria’s Active Oil Rigs Climb Past 70 as Tinubu Pushes Operators on Compliance and Accountability Nigeria opened its 2026 oil licensing round in Abuja this week, putting 40 new blocks up for bid across onshore, shallow-water and deepwater territory, even as President Bola Tinubu used the same occasion to press industry operators and the country’s … Read more

NNPC’s 2025 Books Show ₦473.8bn Gas Push and a 406% Jump in Loans to Its Own Subsidiaries

NNPC's 2025 Books Show ₦473.8bn Gas Push and a 406% Jump in Loans to Its Own Subsidiaries

NNPC’s 2025 Books Show ₦473.8bn Gas Push and a 406% Jump in Loans to Its Own Subsidiaries Nigeria’s state oil company funneled ₦473.8 billion into major gas infrastructure projects during 2025, according to its newly released annual financial statements, even as a separate set of disclosures shows the company’s total lending to its own subsidiaries … Read more

NNPC’s Long Road From State Monopoly to Commercial Player, and What Comes Next

NNPC's Long Road From State Monopoly to Commercial Player, and What Comes Next

NNPC, Nigeria’s national oil company has spent nearly five decades searching for the right institutional shape, and the question of what actually makes it valuable to the country is once again at the center of debate as the Nigerian National Petroleum Company Limited pushes through its most sweeping commercial reset yet. The original idea behind … Read more

Tinubu Says Nigeria Has Cut Its Dependence on Oil Revenue, Vows to Go Further

Tinubu Says Nigeria Has Cut Its Dependence on Oil Revenue, Vows to Go Further

Tinubu Says Nigeria Has Cut Its Dependence on Oil Revenue, Vows to Go Further President Bola Tinubu declared Tuesday that Nigeria has already significantly reduced how much it depends on crude oil revenue to run the country, telling an audience in Abuja that his administration intends to push that shift even further as it works … Read more

The Hidden Risk Banks Are Finally Being Forced to Confront: Their Own Cloud Dependence

The Hidden Risk Banks Are Finally Being Forced to Confront: Their Own Cloud Dependence

The Hidden Risk Banks Are Finally Being Forced to Confront: Their Own Cloud Dependence Every time your banking app refuses to load, there’s a decent chance the actual problem has nothing to do with your bank at all. It’s sitting somewhere inside a data center owned by Amazon, Microsoft or Google, hundreds of miles away, … Read more

Lagos Life – The Nigerian Browser Game That Turned Lagos Itself Into a Million-Player Hit

Lagos Life - The Nigerian Browser Game That Turned Lagos Itself Into a Million-Player Hit

The Nigerian Browser Game That Turned Lagos Itself Into a Million-Player Hit A week ago, almost nobody outside a small circle of Nigerian tech Twitter had heard of Lagos Life. By the end of that same week, more than a million people had created a character, rented a room, and started paying virtual rent every … Read more

NPA Unveils Plan to Clear Non-Oil Export Bottlenecks and Boost Foreign Exchange Earnings

NPA Unveils Plan to Clear Non-Oil Export Bottlenecks and Boost Foreign Exchange Earnings

NPA Unveils Plan to Clear Non-Oil Export Bottlenecks and Boost Foreign Exchange Earnings The Nigerian Ports Authority says it is stepping up efforts to remove the logistical and administrative hurdles that have long frustrated non-oil exporters, part of a broader push to widen export channels, speed up cargo processing and pull more foreign exchange into … Read more