Nigeria’s government is in talks for concessionary loans worth $3.5b from the World Bank and the African Development Bank to help finance its planned record budget in 2016.
A crude oil pipeline in Nigeria's southern state of Bayelsa operated by the local subsidiary of Italy's Eni– was attacked. A spokesman for Nigeria's state oil company said he could not yet say whether exports would b ...
Nigeria is to see an increase in its crude oil exports in March, as Eni has lifted its force majeure on Brass River crude and Shell has reopened the Trans Niger pipeline.
Nigeria’s plan to build a 456MW gas-fired power plant, Azura, outside of Benin City is finally becoming a reality, as the World Bank is set to guarantee the investment to begin the construction.
Nigeria is planning an initial public offering for assets owned by its national oil company, the Nigerian National Petroleum Corporation (NNPC), by 2018, according to Nigerian Minister of Petroleum Resources, Emmanue ...
The UAE has denied claims made earlier by Nigerian Petroleum Minister that an emergency meeting of OPEC was in order to discuss the current oil pricing policy amid a 12-year low drop of oil prices to $30.
Nigeria has presented a new, comprehensive 13-point plan to renew power sector in the country, according to Nigerian Minister of Power, Works and Housing, Babatunde Fashola.