Nigeria is on top of its security problems and Boko Haram has been hobbled ahead of elections in the oil-rich River State region, according to information minister Lai Mohammed.
Continue reading Interview: Nigeria has the measure of Boko Haram
The Federal Ministry of Finance has confirmed the suspension of the Director General of the Pension Transitional Arrangement Directorate (PTAD), Nellie Mayshak.
Continue reading FG Suspends Pension Directorate DG over Alleged Fraud
Oil price rose Thursday, continuing to gather support after the world’s biggest suppliers firmed up plans to meet to discuss an output freeze. Continue reading Oil rises, bounces back as OPEC mend fences
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has said that Nigeria will begin to export refined petrol and other petrochemical products within the next four years if plans to ramp up the country’s domestic refining capacity work out well.
Continue reading Kachikwu: Nigeria to Become Exporter of Refined Fuel
President Muhammadu Buhari has called on African Petroleum Producers Association (APPA) to collaborate to ensure development of huge gas infrastructure on the continent. Continue reading Buhari Advises African Oil Producers On Gas Infrastructure
Despite suspending their strike, Nigerian oil workers insist on the convocation of an all-inclusive conference to discuss the problems facing the oil and gas industry in the country.
Continue reading Nigeria oil workers insist on all-inclusive conference to discuss industry problems
China has said it seeks more crude oil exports from Nigeria in spite of the recent changes in oil prices. Continue reading We want more of Nigeria’s oil – China
Nigerian oil workers have vowed to continue their strike embarked upon Wednesday until they receive clarifications regarding Tuesday’s unbundling of the Nigerian National Petroleum Corporation, NNPC. Continue reading Why we reject the unbundling of NNPC — Oil workers
President Muhammadu Buhari on Tuesday approved the immediate unbundling of the Nigerian National Petroleum Corporation, NNPC, into seven independent operational units. Continue reading Nigerian govt unbundles state oil company, NNPC, into 7 units
Nigeria’s four refineries lost a total of N5.7 billion in January, the state oil firm, NNPC, has said.
This was disclosed in the NNPC’s Monthly Operations and Financial Report for January, released on Sunday in Abuja. Continue reading Nigeria’s refineries lose N5.7 billion in January