Upstream Sector

2 Articles
Economy

Capital Gains Tax Revenue Hits N522bn on Oil Asset Sales, Surpasses Target by 869 Percent

Capital Gains Tax collections surged to N522bn in 2025, representing an 869 percent performance against target, driven largely by divestments in Nigeria’s upstream...

Economy

FG Warns Investors to Bear Risks in 2025 Oil Licensing Round

The Federal Government has cautioned prospective investors in Nigeria’s 2025 oil licensing round that all risks, errors, and miscalculations arising from the bidding...