Goddy Ikeh

The Governments from West, Central and Southern Africa, with delegations confirmed for the Invest in African Energy (IAE) Forum in Paris next month, are each advancing critical mineral projects that span processing deals, development-stage assets and frontier exploration plays, giving investors a range of entry points across the minerals value chain.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed a Petroleum Exploration Licence No. 5 agreement with SeaSeis Geophysical Limited, authorising the company, in partnership with the commission and TGS, to undertake the acquisition and processing of new 3D seismic and gravity data.

The Central Bank of Nigeria (CBN) has granted approval to the International Oil Companies (IOCs) operating in Nigeria to repatriate their export proceeds and unrestricted access to 100 per cent of their foreign exchange earnings.