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Nigeria’s Crude Oil Output Rises to 1.38mbpd in March — OPEC

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Nigeria’s crude oil production increased to 1.38 million barrels per day (bpd) in March 2026, according to the latest report by the Organization of the Petroleum Exporting Countries.

The figure, based on direct communication with Nigerian authorities, represents a 5.25 per cent rise from the 1.31 million bpd recorded in February.

Despite the improvement, Nigeria’s output remains about 117,000 bpd below its OPEC production quota of 1.5 million bpd.

Data from secondary sources, including independent energy intelligence platforms, placed Nigeria’s production slightly higher at 1.46 million bpd for the same period, reflecting variations in reporting methodologies.

Nevertheless, Nigeria retained its position as Africa’s leading oil producer in March, surpassing Libya, which recorded an output of 1.30 million bpd.

The modest recovery comes amid persistent operational and structural challenges that have affected production levels in recent months.

Globally, crude oil output across the OPEC alliance declined significantly, dropping by 7.88 million bpd in March to an average of 20.79 million bpd. The sharp decline—one of the most notable in decades—has been largely attributed to geopolitical tensions and disruptions linked to ongoing conflict.

On the domestic front, Nigerian authorities have reported higher production figures in early April. The Nigerian Upstream Petroleum Regulatory Commission estimated output at 1.84 million bpd, while the Nigerian National Petroleum Company Limited put production at 1.71 million bpd.

These discrepancies highlight the challenges of real-time data tracking in a volatile market environment.

For Nigeria, the key priority remains bridging the gap between actual production and its OPEC quota in order to maximise revenue opportunities amid shifting global oil dynamics.

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From the Startup Battlefield stage to the International Space Station: geCKo Materials built a sticky product

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For a successful deep tech startup, the laboratory breakthrough is only the first step. To spin out an innovative technology into a scalable business, a founder has to navigate a complicated legal process. 

This week on Build Mode, Isabelle Johannessen speaks with Capella Kerst, founder and CEO of geCKo Materials. Kerst was a Stanford PhD student, working on bio-inspired adhesives — materials modeled after the microscopic hairs that allow geckos to stick to walls. She wasn’t looking to be a founder but when she had a major breakthrough that made it possible to make the material rapidly and reliably, she knew it was a viable product. 

But translating a lab discovery into a startup is less about the “eureka” moment and more about everything that comes after.

“I got up the courage to really address my advisor in a very like we need to have a serious conversation about me spinning out this company and starting it,” Capella said. And that conversation was the beginning of a long process of building geCKo materials. 

Here is a roadmap for founders spinning a product out of academia. 

  • Reach out to prior contributors. Connect with all the people who’s work lead up to the big breakthrough. Kerst offered these contributors the options to join the company, become advisors, or receive compensation.
  • Ensure you reach the requirements for the licensing process. Kerst started conversations with Stanford’s office of Technology licensing early and she learned to spin it out, she’d need to complete her PhD. These early conversations also helped her prepare for the process to come. 
  • Form the company and lawyer up. In this case, Stanford provided a list of lawyers Kerst had to use. “I spent time interviewing lawyers and finding out about case studies, what other people got, what did you push, what didn’t work, what got pushed back on. And so I just learned a ton, picked my lawyer, and then we went at Stanford.” said Kerst, “I was like, I want a good deal, because I want this to be a big company, and I think it’ll benefit everybody.”
  • Transition fully into the founder role. Once the licensing agreement is finalized, it’s time to shift from PhD to CEO. 

Five years later, geCKo Materials is continuing to scale and develop new ways to apply its adhesive technology which is being tested in applications ranging from robotics and manufacturing to automotive and even space. The company’s material is already in use on the International Space Station, and Kerst says the long-term vision includes replacing traditional attachment methods like Velcro or suction systems.

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Apply to Startup Battlefield: We are looking for early-stage companies that have an MVP. So nominate a founder (or yourself): techcrunch.com/apply. Be sure to say you heard about Startup Battlefield from the Build Mode podcast.  

TechCrunch Disrupt: If you’re thinking about applying to Startup Battlefield, then October 13 to 15 in San Francisco, we’re back for TechCrunch Disrupt, where the Startup Battlefield 200 takes the stage. So if you want to cheer them on, or just network with 1000s of founders, VCs, and tech enthusiasts, then grab your tickets. Isabelle Johannessen is our host. Build Mode is produced and edited by Maggie Nye. Audience Development is led by Morgan Little. And a special thanks to the Foundry and Cheddar video teams.

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Nigeria to Expand Digital Access With New Fibre Infrastructure Push — NCC

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BY MADUEKE OBIWANNE-(ABUJA)—The Nigerian Communications Commission (NCC) has reaffirmed its commitment to expanding digital connectivity across the country, stressing that stronger fibre optic infrastructure remains critical to improving broadband penetration and bridging the digital divide.

The Commission said the renewed push forms part of broader efforts to accelerate digital transformation, drive economic growth, and ensure improved access to essential services such as education, healthcare, agriculture, and public service delivery nationwide.

Speaking at a Strategic Fibre Optics Training Workshop held in Abuja, the Executive Vice Chairman of the Commission, Dr Aminu Maida, said robust partnerships and technical expertise are essential to achieving nationwide digital progress.

Maida, whose remarks were delivered by Abraham Oshadami, noted that a properly regulated and durable fibre optic network is fundamental to the country’s digital development goals.

He explained that the workshop, themed “Strategic Fibre Optics Infrastructure Deployment and Regulatory Management,” comes at a crucial period as Nigeria steps up efforts to close the digital connectivity gap.

According to him, expanding fibre infrastructure remains a major driver of economic development and improved service delivery.

“As a country determined to boost broadband coverage, we recognise that strategic fibre rollout is vital for economic advancement, financial inclusion, education, healthcare, agriculture, and effective public service delivery,” he said.

Maida further disclosed that the Federal Government, through Project BRIDGE — Building Resilient Digital Infrastructure for Growth — under the Federal Ministry of Communications, Innovation and Digital Economy, is set to install an additional 90,000 kilometres of fibre optic cables across the country.

He said the initiative is designed to improve connectivity in all 774 Local Government Areas, with the aim of widening digital access and inclusion nationwide.

Despite the ambitious expansion plan, Maida acknowledged several obstacles, including expensive Right of Way (RoW) fees, administrative bottlenecks at state levels, and acts of infrastructure vandalism.

He, however, said the Commission is working closely with regulatory agencies, state authorities, and security institutions to tackle these issues.

According to him, 13 states have already removed RoW charges following the Commission’s engagement efforts, a development expected to encourage more investment from telecommunications companies.

The NCC chief also referred to a 2024 presidential directive, coordinated with the Office of the National Security Adviser, which classified telecom infrastructure as Critical National Information Infrastructure (CNII) to strengthen its protection.

Maida stressed that cooperation and capacity building remain key pillars of the Commission’s regulatory agenda.

He expressed confidence that the five-day training workshop, organised by the International Telecommunication Union (ITU) in collaboration with the Digital Bridge Institute and backed by the European Union, would enhance regulatory performance and support faster fibre deployment across Nigeria.

Also speaking at the event, Inga Stefanowicz, Head of Section for Green and Digital Economy at the EU Delegation, said the European Union’s global strategy places strong emphasis on investments in digital infrastructure, energy, transportation, healthcare, and education across Africa.

She added that the EU Digital Economy Package for Nigeria, launched in 2022, has committed €820 million, including €160 million in grants, to support digital skills development, innovation centres, and public digital infrastructure, with particular focus on fibre network expansion.

The post Nigeria to Expand Digital Access With New Fibre Infrastructure Push — NCC appeared first on Business Today NG.

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