Category: Nigeria

Dutch prosecutors are preparing criminal charges against Royal Dutch Shell over its $1.3 billion acquisition of Nigerian offshore oilfield OPL 245 in 2011. Shell said in a statement on its Continue Reading

Nigeria’s President Muhammadu Buhari comfortably won a second term at the helm of Africa’s largest economy, election authorities said on Wednesday, but his main rival planned a fraud challenge after Continue Reading

Nigerian President Muhammadu Buhari has secured a second term helming Africa’s largest economy and top oil producer, but the former general now faces a dizzying array of challenges including a Continue Reading

Supporters celebrate at Mr Buhari’s campaign headquarters in Abuja The runner-up in Nigeria’s presidential election has rejected the result as a “throwback to the jackboot era of military dictatorship”. Atiku Continue Reading

Muhammadu Buhari, Nigeria’s president, has won a second term in office with a lead of over three million over opposition candidate Atiku Abubakar, who made some bold promises on the Continue Reading

The fear that militancy in the oil-rich Niger Delta could revive after the re-election of Nigeria’s President Muhammadu Buhari, can be addressed if the Federal Government sustains its engagement with Continue Reading

Royal Dutch Shell yesterday disclosed that the federal government’s recent claims that it owed Nigeria billions of dollars of unpaid oil and gas-related taxes could delay the development of its Continue Reading

Nigeria seeking nearly US$20 billion from international oil majors in back taxes could delay the approval of a major offshore oil project, Shell’s Upstream Director Andy Brown told Reuters on Continue Reading

With Nigeria relying heavily on oil as its main source of revenue, the recent move by Organization of the Petroleum Exporting Countries (OPEC) to cut down daily oil production of Continue Reading