Muhammadu Buhari | Egypt Oil & Gas - Part 2

Nigeria Seeks Capital for Drilling Projects, Debt Repayment

Nigeria is in talks with oil majors and banks to raise capital for new drilling projects as most recent statistics have indicated that the country has seen a loss in oil capital of up to $1.34b in 2015.

Nigeria Faces Suspension from EITI Club

The global Extractive Industries Transparency Initiative (EITI) warned that Nigeria significantly risked its suspension from the body. Experts believe that such suspension could put the country in a bad light before ...

IMF Chief to Discuss Economic Developments with Nigeria and Cameroon

International Monetary Fund (IMF) Chief, Christine Lagarde, has arrived to Abuja for a four-day visit to open talks with policy makers and top officials from Nigeria and Cameroon on economic developments affecting bo ...

Nigerian President to Attend Exporting Countries Forum In Iran

Nigeria and other Exporting Countries Forum (GECF) members currently account for 42% of global gas production‎, 70%t of global gas reserves, 40% of pipeline transmission of gas and 65% of the global trade in Liquefie ...

Nigeria to Deal Directly With Refiners, Cancels Bids

Nigeria will start selling and buying oil and gasoline directly to cut out middlemen and curb graft, the new managers of the Nigerian National Petroleum Corporation announced on Tuesday.

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