Exclusive: Nigeria hits oil majors with billions in back taxes

By Reuters,

Nigeria has ordered foreign oil and gas companies to pay nearly $20 billion in taxes it says are owed to local states, industry and government sources...

Nigeria , Oil , taxes

Nigeria vice president survives chopper crash weeks before election

By Reuters,

A helicopter carrying Nigeria’s Vice President crash landed on Saturday en route to a political campaign two weeks before an election, but he surviv...

helicopter crash , Muhammadu Buhari , Nigeria , Yemi Osinbajo

Nigerian opposition candidate seeks to privatize state oil firm

By Reuters,

Nigeria’s main opposition candidate for president said on Wednesday he would seek to privatize the state oil company and other government assets if ...

atiku abubakar , Nigeria election , Nigerian National Petroleum Corporation , President Muhammadu Buhari

Nigerian opposition candidate Atiku Abubakar seeks to boost oil investments

By Reuters,

Nigerian opposition candidate Atiku Abubakar will seek to boost investment in the oil sector if he becomes president next year, according to a draft c...

atiku abubakar , Nigerian Opposition

Nigeria asks air passengers for patience as no quick fix for jet fuel shortages

By Reuters,

Nigeria is trying to import more jet fuel but air travelers tired of delays must be patient as a shortage of foreign currency will continue to hurt th...

Nigeria jet fuel

Niger Delta militants claim attack on state-owned NNPC’s oil pipeline

By Reuters,

Vandals have attacked a crude pipeline operated by Nigeria's state oil firm NNPC and independent Nigerian firm ND Western in the restive Niger Delta, ...

Niger Delta

Nigeria considers importing crude oil from Niger due to militant attacks

By Reuters,

Nigeria, typically Africa's biggest crude oil producer, is considering importing crude from neighbouring Niger due to militant attacks on pipelines in...

Niger , Nigeria

Nigerian Oil Workers Union confirms attack on NPC pipeline

By Reuters,

A Nigerian oil workers union has confirmed an attack on a pipeline operated by state oil firm NNPC in the Niger Delta oil hub claimed by a militant gr...

Nigeria

Two suicide bombers kill at least 8 in northeast Nigeria’s Maiduguri

By Reuters,

Two suicide bombers killed at least eight people on Saturday (October 29) in the northeastern Nigerian city of Maiduguri, the military said. The ci...

Nigeria says security first goal in oil roadmap: Oil minister

By Reuters,

Nigerian President Muhammadu Buhari will meet leaders of the restive Niger Delta in Abuja next week in an attempt to end an insurgency in the oil-prod...

Nigeria

Chinese delegation to visit Nigeria to discuss oil investments

By Reuters,

A Chinese delegation will visit Nigeria this month to discuss investment in the West African country's oil and gas industry, Nigeria's oil minister sa...

Buhari orders heightened military presence in Niger Delta

By Reuters,

Nigeria's President Muhammadu Buhari on Friday said he ordered a heightened military presence in the restive Niger Delta region to deal with a resurge...

Muhammadu Buhari , Niger Delta , Nigeria , Nigeria's President Muhammadu Buhari , President Muhammadu Buhari

Nigerians brace for more queues as fuel crisis looms

By Reuters,

The growing fleet of tankers stuck off Nigeria unable to unload their cargoes of diesel and petrol is an even-present reminder for President Muhammadu...

Nigeria

Nigeria to save cash for oil projects

By Reuters,

Nigeria might use money set aside for funding joint venture projects with foreign and local oil firms to make up any shortfall in the 2016 budget if g...

Nigeria , oil projects

Nigeria’s Buhari sends second batch of cabinet nominees to Parliament

By Agencies,

Nigerian President Muhammadu Buhari has submitted a second list of candidates for his cabinet to the upper house of parliament for approval, Senate Pr...

Cabinet Nominees , Muhammadu Buhari , Nigeria , Politics

Nigeria reveals oil price drop damage in data transparency drive

By Agencies,

Proceeds from Nigeria's oil receipts fell by two-thirds between September 2014 and July this year, the state oil company in Africa's top crude produce...

Nigeria , Nigeria oil

Nigeria arrests oil tycoon as corruption probe widens

By Agencies,

Nigeria has arrested the chairman of a local oil firm, a security official said on Tuesday, as part of a widening graft investigation in Africa's bigg...

africa , Alison-Madueke , Buhari , corruption , Diezani Alison-Madueke , Nigeria , NNPC , Oil , President Goodluck Jonathan

Nigeria to ease foreign currency restrictions

By Agencies,

Nigeria will keep its restrictions on foreign currency for now to preserve the country's currency reserves amid plunging oil revenues, but will eventu...

Nigeria

Former Nigerian Minister arrested in London

By Agencies,

Nigeria's former oil minister Diezani Alison-Madueke was arrested in London on Friday, a source from Nigeria's presidency circle and another with link...

Diezani Alison-Madueke , Goodluck Jonathan , Muhammadu Buhari , Nigeria , Nigeria Minister

Nigeria signs revised oil swaps

By Maureen Murimi,

Nigeria's state-owned oil company has set up four new crude swap contracts to replace those cancelled last month that were vital for bringing in about...

africa , Nigeria , Oil