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FUPRE reopens admission window for candidates who missed first post UTME

EFFURUN, Delta State Prospective students who missed the first Post UTME screening exercise of the Federal University of Petroleum Resources, Effurun, FUPRE, have been given another chance to pursue admission into the institution for the 2026/2027 academic session. The university has announced a supplementary screening exercise scheduled for August 24 and 25, providing a fresh […]

Crude oil, aviation fuel top import chart at Lekki deep-sea port

By Godwin Oritse Crude oil and other refined petroleum products dominated import activities at the Lekki Deep Sea Port in the first week of August, accounting for 1,867,712 metric tonnes of crude oil-based products brought into the country through the facility. Shipping documents obtained by Vanguard showed that petroleum products dominated imports through the Lekki Deep […]

Oil output declines to 1.67m barrels

By Udeme Akpan & Obas Esiedesa, Abuja Nigeria’s daily oil production declined by four per cent in July 2026, to 1.67 million barrels per day (mbpd) from 1.74mbpd recorded in June, according to the latest production data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). However, the figures showed that Nigeria sustained production above the 1.5mbpd OPEC […]

CBN reverses OMO restriction, opens market to local investors

•Lifts suspension on Tenored Repo •Retains control over scale, timing of OMO By Babajide Komolafe The Central Bank of Nigeria, CBN, yesterday reversed its seven years restriction on participation of local investors in Open Market Operations, OMO, opening the market to individuals, corporates and non-bank financial institutions. The restriction was introduced in 2019, in a bid to […]

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