The Federal Government has again slashed the signature bonuses required for oil block bidders, reducing the payment to between $3 million and $7 million as part of efforts to lower entry barriers in the 2025 Licensing Round.
The Nigerian Upstream Petroleum Regulatory Commission disclosed the revi
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Oluwatosin Ogunjuyigbe
Oluwatosin Ogunjuyigbe is a writer and journalist who covers business, finance, technology, and the changing forces shaping Nigeria’s economy. He focuses on turning complex ideas into clear, compelling stories.
