NewsBreakNigeria
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USD/NGN 1,329.83GBP/NGN 1,777.57USD/NGN black market ₦1,395 ▴0.2%GBP/NGN black market ₦1,880EUR/NGN 1,526.33JPY/NGN 8.47CAD/NGN 950.42

NUPRC threatens revocation of non-performing oil licences, sets October 31 deadline

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned holders of non-performing oil licences that they risk losing their acreages if they fail to meet approved work commitments, as it moves to enforce…

Aggregated · originally by Nairametrics
19 Sept 2026, 07:03 WAT · 3 min read
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NUPRC threatens revocation of non-performing oil licences, sets October 31 deadline

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned holders of non-performing oil licences that they risk losing their acreages if they fail to meet approved work commitments, as it moves to enforce…