Latest articles on Nigeria Oil Industry

Floating the naira knocks a chunk off Nigeria’s GDP as economists predict volatility

Unpegging the currency from the dollar may also prompt a dramatic spike in inflation.

Rebel factions in Niger Delta divided over attacks

President Buhari’s initial announcement to wind down an earlier amnesty deal by 2018 is said to have contributed to the re-emergence of militancy.

‘We all stand before history’

Ken Saro-Wiwa spoke out against the devastation of Niger Delta by oil companies and the corrupt Nigerian government. He was executed on a school day.

Shell accused of lying over Nigerian oil spill cleanup

Shell has been accused of making false claims about its oil spill cleanup operations in Nigeria and has been urged to help the worst-hit communities.

Nigeria: Former oil minister Alison-Madueke arrested on graft allegations

Nigeria has confirmed the arrest in London of former oil minister Diezani Alison-Madueke on suspicion of bribery and money laundering.

Nigeria: Buhari orders single govt bank account in corruption crackdown

The deadline for ministries to deposit funds in a central bank account has passed, with government saying it is happy with the level of compliance.

Bailout won’t solve crude economy

A drop in crude prices has pummelled Nigeria's economy, and 173-million people across the country have not been paid wages for months.

Nigeria: Buhari promises to recover ‘mind-boggling’ stolen oil revenues

Nigeria's President Muhammadu Buhari has pledged to recover oil revenues from an estimated stolen 250 000 barrels a day during a visit to the US.

Nigeria oil company overpaid govt $750m – audit

An audit of Nigeria's state oil firm said it overpaid Goodluck Jonathan's government by $750-million, and had not properly accounted for $1.5-billion.

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Shop owners and taxi drivers can now refuse entry to people who defy mandatory mask-wearing regulations

Ramaphosa asks all South Africans to help to avoid 50 000 Covid-19 deaths this year

Calling this ‘the gravest crisis in the history of our democracy’, the president said level three lockdown remains, but enforcement will be strengthened

Watch it again: Ramaphosa on risk-adjusted strategy to manage Covid-19

The president's address comes after a number of meetings with Cabinet and the National Command Council

Press Releases

Yvonne Chetty: a passion for an efficient public sector and mentoring

'Being affiliated to a professional body such as SAICA makes providing expert guidance and support to my colleagues that much easier'

Full-time Johannesburg-based CEO required for HI HOPES

An entrepreneurial, business-minded, impact-driven individual is sought to lead the organisation as it looks to scale and grow

Balwin properties and Absa launch South Africa’s first green home loan

Balwin Properties’ Edge registration of over 16 000 units was a global first, covering more homes than any single property developer in the world to date

Young professional gets a career boost from PSETA

SAICA makes ongoing efforts to encourage the professionalisation of financial offices in private and public sector organisations

Colgate-Palmolive South Africa donates one million bars of soap

The combination of limited access to quality soap and a lack of knowledge of how to properly wash hands is a challenge in many vulnerable communities

Cheque value bundles – real value

Most people do not pay much attention to what bank account they have and whether or not it is suited to their daily realities

Absa Rewards puts cash in your pocket

In addition to the cash benefits, you will receive special offers and exclusive deals from selected Absa Rewards partners

Municipal audit outcomes reveal public sector financial management must be professionalised

SAICA calls for a review of the mandatory minimum skills and qualifications required for all key financial management positions within the public sector

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