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

  • ECOWAS fact-finding mission led by Victor Bockarie Foh arrived in Abuja while Nentawe Goshwe Yilwatda confirmed his role as APC National Chairman.16:00
  • Victor Bockarie Foh led a fact-finding mission for the Economic Community of West African States (ECOWAS) in Nigeria.15:56
• ExxonMobil →

  American multinational oil and gas corporation

  • GQG Partners, Raleigh Capital Management, and Fifth Third Bancorp significantly increased their stakes in ExxonMobil stock on November 1, 2026.15:12
  • ExxonMobil and Chevron reported strong quarterly results amidst global oil market volatility driven by geopolitical conflicts and strong production.13:43
• Bola Ahmed Tinubu →

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

  • Peter Obi faced campaign restrictions amid allegations of intimidation by the APC, while the Tinubu administration was compared to Buhari's.16:10
  • Atiku Abubakar challenged President Bola Ahmed Tinubu regarding the failure to deliver on electricity promises.15:51

Related events

• The Nigeria Labour Congress calls for wage awards due to high petroleum prices, while the APC urges Tinubu to intervene in political disputes.Sep 17
• Nigeria hosts major oil and gas industry conferences and promotes pioneering production for economic growth.Jul 9
• The Nigerian federal government, under President Tinubu, is executing massive infrastructure projects across various states as part of the national development agenda.Aug 30
• Lagos is highlighted as a successful developmental model contributing to Nigeria's overall economic and administrative goals.Jul 7
• The federal government of Nigeria approved major infrastructure projects valued at ₦286 billion, enhancing operational efficiency.Jun 29