Nigeria’s NNPC Awards Crude Oil Contracts to 39 Companies
Nigerian state run National Petroleum Corporation (NNPC) has awarded its 2017 crude oil term contracts to 39 companies on Tuesday. NNPC said in a statement […]
NNPC
Nigeria’s Central Bank Suspends 9 Banks from the FX Market
Nine banks in Nigeria have been barred from the foreign exchange market, local news reported on Wednesday. The move comes after the banks reportedly failed […]
Nigeria: Delta Avengers claim five attacks
The Niger Delta Avengers (NDA) claimed five attacks on oil facilities in Nigeria’s southern oil-producing hub over the weekend. The group said it had issued […]
Nigeria oil workers call off strike after talks
A strike at Nigerian National Petroleum Corp (NNPC) has been suspended after talks between the Minister of State for Petroleum, Ibeh Kachikwu, and the workers’ […]
Nigeria: Ex-Banker Appointed Finance Minister
Five months after taking office in Africa’s largest economy and biggest oil exporter, Nigerian President Muhammadu Buhari named former investment banker, Kemi Adeosun, to take […]
Nigeria to fight oil theft with drones – NNPC boss
Nigeria’s state oil company NNPC is set to deploy drones to check the movements of ships in the country’s waters in a bid to free […]
Nigeria: Buhari appoints new head of National Petroleum Corporation
Nigerian President Muhammadu Buhari has appointed Dr Ibe Kachikwu as new head of the country’s corruption-hit state oil company, weeks after sacking the entire board, […]
Nigeria Energy Crisis: Only 5 of 23 Power Plants are Functional
Nigeria’s energy crisis deteriorated Monday, as the Nigerian Electricity Regulatory Commission (NERC), the government agency responsible for regulating operations in the electricity sector, reported that […]