Category: Nigeria

There was panic yesterday among indigenes of coastal communities of Brass Local Government Area of Bayelsa State following explosions from Oil Pipelines owned by Nigerian Agip Oil Company (NAOC). The Continue Reading

Nigeria’s government is in talks for concessionary loans worth $3.5 billion from the World Bank and African Development Bank to help finance a planned record budget this year, Finance Minister Continue Reading

As Nigerian President Muhammadu Buhari visits the country, little might be said in public about a yesteryear multi-million-shilling 30,000 barrels of crude oil per day deal that ended up in Continue Reading

Nigeria’s revenue agency said Trafigura Beheer BV owes back taxes for handling 12.5 million metric tons of crude through crude swap contracts with the government between between 2011 and 2014. Continue Reading

WE are deeply disturbed by what appears as the renewal of conflict in the Niger Delta between the so-called militants and the armed forces after over seven years of peace Continue Reading

The Nigerian government is set to retrieve one of Africa’s richest oil blocs from oil giants, Shell and Eni, PREMIUM TIMES has learnt. Not only will the two oil giants Continue Reading

Nigeria’s state oil company is shutting down two of the country’s four refineries because militant attacks on pipelines have affected their supplies. A statement Wednesday announced an “operational shutdown” of Continue Reading

The Nigerian military on Sunday confirmed that multiple attacks were carried out on oil installations in the Niger Delta area. The Commander of the Joint Task Force, JTF, Alani Okunlola, Continue Reading