The Niger Delta Avengers militant group has threatened to sink oil tankers and “review” its stance of not taking lives in its latest warning to oil and gas companies operating Continue Reading
Nigeria plans to delay new capital rules for banks as regulators in Africa’s biggest economy follow fellow oil producer Kazakhstan in trying to boost lending and avoid a recession. The Continue Reading
The Association of Mega Filling Station Owners of Nigeria (AMFSON) has vowed to lock up their filling stations over pump price disparity, saying if the Minister of State for Petroleum Continue Reading
The Central Bank of Nigeria is close to unveiling a new foreign-exchange policy and an announcement could come as soon as this week, according to a person who attended a Continue Reading
Militant attacks in the Niger Delta have pushed Nigerian crude oil production to its lowest point in more than a decade, OPEC said. Photo by sakhorn/Shutterstock VIENNA, June 13 (UPI) Continue Reading
Nigerian militants whose attacks on oil infrastructure have sent output plunging to its lowest level in 27 years said for the first time that they are considering peace talks, even Continue Reading
Niger Delta militants known as the Niger Delta Avengers have claimed responsibility for a major attack on a crude oil pipeline in Nigeria’s Bayelsa State run by Eni’s Agip subsidiary. Continue Reading
Agip pipeline damage An armed group seeking to secede from Nigeria, the Niger Delta Avengers (NDA), continued their attacks against oil pipelines in the west African nation on Friday with Continue Reading
A militant group has claimed responsibility for an attack on an oil pipeline operated by a Nigerian subsidiary of Italy’s Eni oil company. It is the second such bombing in Continue Reading
The Nigerian militant group known as the Niger Delta Avengers rejected a dialogue proposal from the country’s government and claimed another attack on a Chevron oil well in Warri, even Continue Reading
