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Event Brief

NUPRC confirms $185m, N14.9b fund released to NNPC

NUPRC confirms NNPC Ltd received over $185 million and N14.9 billion from the Frontier Exploration Fund.
WHO: Nigerian Upstream Petroleum Regulatory Commission, NNPC Ltd
WHAT: Confirmation of fund release
WHEN: Dec 7, 2025 at 7:00 PM ET
WHERE: Nigeria
WHY: To counter claims that the fund was being withheld
Sources (1): The Guardian Nigeria

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