Militants in Nigeria’s oil-rich Niger Delta on Monday threatened to escalate attacks on oil pipelines over the alleged neglect of local communities by the...
Vice President Yemi Osinbajo said at the weekend that pipeline vandalism in the Niger Delta was causing Nigeria huge revenue losses and preventing the...
Minister of State for Petroleum Resources Ibe Kachikwu has given a three-month ultimatum to the Petroleum Equalization Fund (PEF) to commence the tracking of...
The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has highlighted Nigeria’s strength in the non-oil sector of the economy, saying that...
The Nigerian National Petroleum Corporation (NNPC) withheld more than $16 billion of oil revenue from the Nigerian government in 2014, the Auditor-General of the...
President Muhammadu Buhari yesterday disclosed that his administration has plans to extend oil and gas exploration into new fields in the Lake Chad Basin...
President Muhammadu Buhari has approved the splitting of the Nigeria National Petroleum Corporation (NNPC) into 30 separate companies as part of wider plans to overhaul...