Nigeria
Coronavirus – Low Crude Oil Prices May Force Nigeria to Abandon Production
"When crude oil prices have gone down to $32 per barrel and you are producing at $30, you don't need...
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Nigeria could lose US $19bn in crude oil exports due to COVID-19, warns ECA
The Economic Commission for Africa (ECA) has warned that Nigeria could lose between US $14bn and US $19bn in crude...
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Nigeria loses US $20.4bn annually to oil theft
Nigeria is losing about US $20.4bn annually to oil theft. This is according to the Speaker of the House of...
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Nigeria Risks Recession As Saudi Arabia Begins Global Oil Fight
Responding aggressively to the collapse of its OPEC+ alliance, Saudi Arabia plans to increase oil output next month, going well...
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Black Smoke and No Jobs in the Oil-Rich Niger Delta
Decades of exposure to gas flaring by the foreign oil refineries in Niger Delta has harmed the health of residents....
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WAPCo to resume gas exports from Nigeria to other West African countries
The West African Gas Pipeline Company Limited (WAPCo) has announced that it is set to resume exportation of natural gas...
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Nigeria issues licenses to two gold refineries
The government of Nigeria has issued licenses to two gold refineries to produce the metal for export. According to the...
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Nigeria to allow CBN buy all gold from local miners
The Federal Government of Nigeria has begun the process that will allow the Central Bank of Nigeria (CBN) to buy all the...
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Why Refineries in Nigeria Will Not Work – Experts
"The country has four refineries with 524,000 barrels per day capacity." By Ediri Ejoh At the backdrop of the announcement...
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Dangote Refinery Will Save Nigeria of $10bn – Minister
Once Dangote refinery commences operation it will save us over $10 billion Nigeria spent on importing crude oil. By Gabriel...
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