JUST IN: Nigeria returns 13 oil blocks after 196 firms qualify for commercial bid
TheNigerian Upstream Petroleum Regulatory Commission(NUPRC) has announced that 196 companies have qualified for the commercial bid stage of the 2025 oil licensing round, whilst 13 of the 50 oil blocks initially offered failed to attract bids and will be returned to the government’s licensing basket....
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Verified on Jul 21, 2026