1 min readBy Ayodeji Adegboyega
Africa’s largest oil producer puts 40 oil and gas blocks on offer as it demands disclosure of bidders’ real owners
Nigeria has announced a new licensing round offering investors 40 oil and gas blocks, combining a fresh opening of petroleum acreage with requirements to disclose the people who ultimately own bidding companies.
By Ayodeji AdegboyegaSouth Africa

An oil block as Nigeria’s new licensing round offers 40 oil and gas blocks across land, shallow water and deepwater areas. [northcountryoil]
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About this article
- Length
- 22 words · 1 min read
- Published
- October 8, 2026
- Byline
- Ayodeji Adegboyega
- Source
- Business Insider