Nigeria oil industry

 
Floating the naira knocks a chunk off Nigeria’s GDP as economists predict volatility
Floating the naira knocks a chunk off Nigeria’s GDP as economists predict volatility
Pulling the peg on the naira means not only did the Nigerian currency lose almost a third of its value in just a matter of hours but, in dollar...
Rebel factions in Niger Delta divided over attacks
Rebel factions in Niger Delta divided over attacks
This week, a new rebel group vowed to attack strategic targets across Nigeria, despite calls for a united front and no life-threatening actions from...
'We all stand before history'
'We all stand before history'
That Friday morning of November 10 1995, in my birthplace of Port Harcourt in the Niger Delta, I was seated in class when the news arrived that...
Shell accused of lying over Nigerian oil spill cleanup
Shell accused of lying over Nigerian oil spill cleanup
Amnesty International and the Centre for Environment, Human Rights and Development (CEHRD) have charged the oil major with failing to...
Nigeria: Former oil minister Alison-Madueke arrested on graft allegations
Nigeria: Former oil minister Alison-Madueke arrested on graft allegations
"Nigeria is aware of the arrest of the former petroleum minister in London on money laundering charges," presidential spokesperson Garba Shehu...
Nigeria: Buhari orders single govt bank account in corruption crackdown
Nigeria: Buhari orders single govt bank account in corruption crackdown
Nigeria's central bank on Wednesday said government ministries and departments were complying with a presidential order aimed at more transparency...
Bailout won't solve crude economy
Bailout won't solve crude economy
Twenty-three of Nigeria's 36 states have not paid their civil servants for months, and spending on capital projects has been frozen, in some cases...
Nigeria: Buhari promises to recover 'mind-boggling' stolen oil revenues
Nigeria: Buhari promises to recover 'mind-boggling' stolen oil revenues
Nigerian President Muhammadu Buhari has said his government will trace and recover what he called "mind-boggling" sums of money stolen from...
Nigeria oil company overpaid govt $750m - audit
Nigeria oil company overpaid govt $750m - audit
A forensic audit of Nigeria's state oil firm said the company, accused of corruption, actually overpaid the state by almost $750-million, but...

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