
Nigerian-Owned Firms Overtook Foreign Majors in Oil Production in 2025
Nigeria’s oil industry has crossed a historic threshold. As reported by The Economist, 2025 marked the first time in the

Nigeria’s oil industry has crossed a historic threshold. As reported by The Economist, 2025 marked the first time in the

This update follows Arbiterz’s earlier report on Heirs Energies’ acquisition of a strategic stake in Seplat Energy, in which the

Tony Elumelu’s Heirs Energies Limited has acquired the 20.07% equity stake in Seplat Energy Plc previously held by Maurel &

Nigeria’s state-owned energy company, NNPC Limited, has invited bids from investors for the sale of stakes in some of its












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