To Attract Fresh Investment in Oil Sector, NUPRC Announces 2025 Licensing Round Komolafe says exercise to commence December 1, 2025 New round to accelerate FG’s additional ‘1 Million Barrels’ initiative Commission’s chief declares funding as biggest challenge in upstream sector
Emmanuel Addeh in Abuja and Peter Uzoho in Lagos
The Nigerian Upstream moved to attract additional of the commencement of the Commission Chief Executive ment at the NUPRC’s ‘Project Petroleum Regulatory Com- investment in the oil and gas 2025 licensing round from (CCE) of the NUPRC, Gbenga Continued on page 9 mission (NUPRC) yesterday sector, with the announcement December 1, 2025. Komolafe, made the announceWednesday 12 November, 2025 Vol 30. No 11175. Price: N400
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At Arewa House, Sanwo-Olu Boasts Nigeria Will Rout Poverty, Insecurity, Other Trials John Shiklam in Kaduna and Sunday Ehigiator in Lagos
opening of the 2025 Executive Policy Seminar of the CBN...
L–R: The Deputy Governor (Economic Policy), Central Bank of Nigeria, Dr. Muhammad Abdullahi; the Minister of State for Finance, Dr. Doris Nkiruka UzokaAnite; the CBN Governor, Mr. Olayemi Cardoso; the Deputy Governor (Corporate Services), CBN, Ms. Emem Usoro; and Dr. Samer Matta, who represented the World Bank, Country Director, Mathew Verghis, at the opening of the 2025 Executive Policy Seminar of the CBN, in Abuja... yesterday
Lagos State Governor, Mr. Babajide Sanwo-Olu, has declared that Nigeria would overcome all its challenges, including, Continued on page 9
Cardoso: Economy Belongs to All, Reform Gains Must Be Protected Says credible policies, transparent markets, sound governance have restored investor confidence in financial system
CLOSING GONG CEREMONY COMMEMORATING THE LISTING OF MOFI REAL ESTATE INVESTMENT FUND...
Story on page 9
L–R: Group MD/CEO, Vetiva, Chuka Eseka; MD/CEO, MOFI, Dr. Armstrong Ume Takang; Group CEO, ARM Holding Company, Mr. Wale Odutola; Group MD/CEO, NGX Group, Mr. Temi Popoola; Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; Chairman, NGX, Mr. Ahonsi Unuigbe; CEO, NGX, Mr. Jude Chiemeka; Non-Executive Director, MOFI, Dr. Ike Chioke; Partner, Olaniwun Ajayi LP, Konyin Ajayi; Special Adviser to Nigeria’s President on Finance & the Economy, Sanyade Okoli; and other representatives, at the closing gong ceremony commemorating the listing of the MOFI Real Estate Investment Fund (MREIF) on the Nigerian Exchange Limited (NGX)