ExxonMobil announced drilling a new oilfield in Nigeria, coinciding with President Tinubu introducing tax incentives to attract new capital.

The entities involved

• Nigeria →

  sovereign state in West Africa

  • Nigeria's Federal Capital Territory Administration is tightening security measures in the nation's capital, Abuja.Mon 17:52
  • Program coverage includes the capital territory of Abuja.Mon 17:52
• ExxonMobil →

  American multinational oil and gas corporation

  • ExxonMobil, Berkshire Hathaway, and Eli Lilly are top holdings in the Avantis ETF.Mon 17:18
  • ExxonMobil will operate an unconventional hydrocarbon project in Azerbaijan, following an announcement by Rovshan Najaf.Mon 15:01
• Bola Ahmed Tinubu →

  12th Governor of Lagos (1999–2007) and President of Nigeria since 2023

  • President Tinubu led an event attended by Vice President Shettima, highlighting the Nigerian administration's activities.Mon 17:22
  • Bola Ahmed Tinubu appointed Hannatu Musawa as Minister of Art, Culture, Tourism and Creative Economy in Nigeria.Mon 17:07

Related events

• Nigerian federal government approved a special production-linked tax credit for a deepwater project to boost oil production and attract FDI.Jul 15
• President Tinubu initiated major economic reforms in Nigeria, including overhauling the tax agency FIRS and approving naira payment plans for crude oil.Sep 5
• The administration initiated reforms aimed at boosting Nigeria's petroleum sector.Jul 8
• The Nigerian government is streamlining oil and gas taxes.Jul 8
• The African Democratic Congress proposed a new petroleum economic model for Nigeria.Aug 26