Category: Nigeria

Fuel lines stretched for more than a kilometer (half-mile) on Friday in Nigeria’s capital because of a fuel shortage in sub-Saharan Africa’s top oil-producing country. Drivers in Abuja groaned and Continue Reading

The United States stands ready to assist Nigeria in diversifying its economy beyond the oil sector, a regional U.S. secretary said from Washington, D.C. The International Monetary Fund warned the Continue Reading

The National Oil Spill Detection and Response Agency (NOSDRA) has confirmed a pipeline blast at an oil field operated by Nigeria Agip Oil Company (NAOC) in Bayelsa. Three maintenance workers Continue Reading

Amid the denial by the Nigerian National Petroleum Corporation (NNPC) of the allegation by the Auditor- General of the Federation ( AuGF), Mr. Samuel Ukura, that it didn’t remit into Continue Reading

The Royal Dutch Shell says security issues surrounding the safety of its people, sabotage and theft are some of the major risks and challenges affecting its operations in Nigeria. The Continue Reading

State oil firm Nigerian National Petroleum Corp failed to remit Naira 3.2 trillion ($16.2 billion) in proceeds from the sale of crude oil into the government account in 2014, local Continue Reading

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Tuesday urged President Muhammadu Buhari to declare a ‘State of Emergency’ in the petroleum industry to end fuel Continue Reading

Nigeria’s state-owned oil company has failed to pay the government $16bn (£11bn) in a suspected fraud, according to an official audit. The Nigerian National Petroleum Corporation (NNPC) provided no explanation Continue Reading

Nigerian unions on Thursday ended a day-old strike against the revamp of the beleaguered state oil firm after a minister promised there would be no job cuts. The strike, launched Continue Reading