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ExxonMobilTo Approve $10bn Nigeria Deepwater Projects, Targets 250,000bpd Output

  American oil giant, ExxonMobil has indicated its plan, in collaboration with its joint venture partners, to soon declare readiness to proceed with the Final Investment Decisions (FIDs) on some major deep-water projects in Nigeria cumulatively valued at approximately $10 billion.   The investment would start with the infill drilling campaign at the existing producing […]

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Experts Call for Smarter Mining Strategy

  Nigeria’s mining sector is not suffering from a lack of policy, but from a failure to enforce what already exists, according to geologist Jamil Mangga.   Speaking on regulatory challenges, Mangga said “the only bottleneck… is nothing other than non-enforcement of those policies.” He noted that while Nigeria has “so many beautifully written policies,” […]

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Nigeria’s Oil Reserves Decline For Third Year Despite Exploration Fund

  In spite of the establishment of the Frontier Exploration Fund (FEF) from which over N450 billion was realised by the Nigerian National Petroleum Company Limited (NNPC) in 2025 alone, Nigeria’s oil reserves have declined in at least the last three years, a THISDAY review has shown.   This is coming as the Nigerian Upstream […]

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UCL Quarter-Final Preview: European Giants Clash as Arsenal Faces Fortress Alvalade

    The UEFA Champions League quarter-finals ignite tonight with two high-stakes encounters that promise tactical drama and historical weight. At the Santiago Bernabéu, Real Madrid welcomes Bayern Munich in a meeting of the tournament’s most successful clubs, while Arsenal travels to Portugal to face a Sporting CP side that has made their home a […]

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Senegal Cracks Down on Foreign Trips forinisters as Global Oil Prices Surge

Senegal Cracks Down on Foreign Trips forinisters as Global Oil Prices Surge   Senegal has imposed an immediate ban on non-essential foreign travel for government ministers as rising global oil prices place mounting pressure on public finances, Prime Minister Ousmane Sonko has announced.   Addressing a youth rally on Friday, Sonko revealed that the cost […]

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Power, Taxes, Insecurity May Dampen Nigeria’s Mining Future, Says Geologist

  Artisanal mining remains one of the most complex challenges in Nigeria’s mineral sector, and managing it requires reform – not elimination.   In an exclusive interview with Nigerianmining, Managing Director and CEO of Kimberlite Africa Ltd, Jamil Mangga, said: “Artisanal and small-scale mining has been a challenge globally, and Nigeria is not an exception.” […]

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Europe Shops for Africa Diplomatic Ties as United States, Middle East Decline 

  Europe is facing mounting strain in its relations with the United States, while tensions over the Iran war are testing ties with Middle Eastern partners, exposing cracks within NATO and pushing the bloc to deepen its engagement with Africa as it repositions its global alliances.   Europe’s ties with Washington have come under strain […]

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Renaissance Attains 2.2bcf Gas Output, Targets 3bcf For 2030

  Renaissance Africa Energy Company Nigeria Ltd Tuesday announced that it has recorded a 2.2 billion cubic feet (bcf) of gas output, with an ambition to reach 3bcf by 2030.   The company’s Managing Director and Chief Executive Officer, Chief Tony Attah, made this known during a visit to the commission’s headquarters in Abuja to […]