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USD/NGN 1,329.38 ▴0.2%GBP/NGN 1,762.01 ▴0.3%USD/NGN black market ₦1,382GBP/NGN black market ₦1,880EUR/NGN 1,511.96 ▴0.1%JPY/NGN 8.45 ▴0.3%CAD/NGN 938.73 ▴0.1%

Nigeria’s Oil Reserves Sliding To 36bn Barrels over Untapped Frontiers, Idle Assets, NAPE Warns

*Says FG must waive upfront signature bonus, incentivise data acquisition, fast-track marginal fields to replace resevess Peter Uzoho The President of the Nigerian Association of Petroleum Explorationists (NAPE), Mrs.…

Aggregated · originally by ThisDay
29 Sept 2026, 08:00 WAT · 3 min read
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Nigeria’s Oil Reserves Sliding To 36bn Barrels over Untapped Frontiers, Idle Assets, NAPE Warns

*Says FG must waive upfront signature bonus, incentivise data acquisition, fast-track marginal fields to replace resevess Peter Uzoho The President of the Nigerian Association of Petroleum Explorationists (NAPE), Mrs.…