Oil
NNPC to resume oil prospect in Borno on Zulum’s security promise
CEII brief
BusinessDay reported on 28 Oct 2026: NNPC to resume oil prospect in Borno on Zulum’s security promise.
Read the full story on BusinessDayNigerian National Petroleum Company (NNPC) Limited has reaffirmed its commitment to reactivate oil exploration in Borno State following a recent
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
85.9% of Nigeria’s merchandise exports were fuels in 2025Countries in this story
Original reporting © BusinessDay. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
