Africa’s biggest oil refinery has been opened in Nigeria. The $19bn (£15.2bn) refinery, owned by Africa’s richest man, Aliko Dangote, is said to be the…
Nigeria Oil Workers Strike Brings Nation to a Screeching Halt
Total blackout (below 1,600 Megawatts), Fuel Stations Shut causing Long fuel lines, unavailable public transportation and untold hardship are being experienced in Nigeria as Nigerian…
Oil pipeline saboteurs costing Nigeria $2.4M a day
Multiple attacks on strategic oil and gas installations is costing Nigeria $2.4 million daily, a Cabinet minister said Tuesday as the military launched a manhunt…
Emmanuel Ibe Kachikwu appointed NNPC GMD
Nigerian President Muhammadu Buhari has appointed Dr. Emmanuel Ibe Kachikwu as NNPC Group Managing Director as announced in a statement from Buhari’s spokesman Femi Adesina,…
Nigeria grounded by viral fuel scarcity
An email sent to parents by the proprietress of a nursery (elementary) school in Lagos further buttressed the depth of the impact of the Nigerian…
Petrol Pump Price drops by N10
The Federal Government of Nigeria has announced the reduction of the fuel price of petrol from N97 per litre to N87 per litre. The Minister…
Igho Sanomi ranked top 100 Economic Leaders of Tomorrow
The world renowned Choiseul Institute for international politics and geo-economics has just released its ranking of the top 100 young economic leaders of Africa. The…
Nigeria poised to become Africa’s biggest economy
Lagos (AFP) – Nigeria could leap-frog South Africa to become Africa’s biggest economy this weekend, when the results of a new way of calculating national…
OTC Houston reveals record attendance
Each year, the Offshore Technology Conference-OTC brings thousands to Houston to see the newest drilling technology. About 90,000 visitors are expected at this year’s conference.…