Tony Elumelu’s Heirs Energies and state giant NNPC lose oil block bids to little-known firms
Culture Index
Score Breakdown
Relevance
3/25
Freshness
25/25
Authority
18/20
Brand Signal
6/15
Depth
3/15
5-Axis Cultural Radar
Nigeria’s largest licensing round since the enactment of a new petroleum law in 2021 saw several established oil and gas producers leave empty-handed, while lesser-known companies dominated the winners’ list.
