Nigerian oil firms hunt growth beyond home market

    Oladehinde Oladipo | Editor’s picks | May 18, 2026    
Get Unlimited Access
Subscribe to unlock this article

Complete digital access to quality journalism on any device. Cancel anytime during your trial.

Once registered, you can:

  • Read this article and many more, including access to epapers and research
  • Enjoy customize article feed/recommendation based on your profile
  • Enjoy access to Businessday exclusive events
  • One-Access accross Businessday platforms

Share this article
Shared
5486
times

For years, Nigeria's homegrown oil companies were content to pick up what the international majors left behind, buying onshore fields and shallow-water blocks that Shell, TotalEnergies and Eni were glad to offload.

Continue reading your article with a
BusinessDay subscription





Already a subscriber?
Sign In
RECOMMENDED STORIES
Politics
The WhatsApp groups shaping Nigeria’s 2027 election
Nigeria’s political battles have traditionally played out in public.
Obidike Okafor | Jul 03, 2026
Markets
Is the NGX correcting or repricing Nigeria’s recovery?
The Nigerian stock market has lost more than N13 trillion in market value since reaching an all-time high in May.
Abayomi Fashina | Jul 03, 2026
Technology
Technology does not transform nations - Institutions do
A woman walks into a government office after completing an online registration process.
Oluwafemi Mayowa Olusola | Jul 03, 2026
Technology
Telcos hold back on wider 5G rollout over profit doubt
Nearly five years after Nigeria conducted one of Africa's biggest 5G spectrum auctions, the country's next-generation mobile revolution remains concentrated in a handful of cities, leaving billions of dollars in investments waiting for returns and delayin
Royal Ibeh | Jul 02, 2026
support_agent
phone
mail_outline
language
help_outline
Conference Ad Conference Ad