Nigeria: Petrol, Diesel Imported From Europe Dirtier Than Fuel From Illegal Refineries – Report
By Felicia Ogundairo Black market fuel made from stolen oil in rudimentary "bush" refineries hidden deep in the creeks and ...
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Tag: Nigeria
Nigeria: U.S.$1 Billion Fraud – EFCC Arraigns Malabu Oil, Others
The Economic and Financial Crimes Commission (EFCC) has arraigned Malabu Oil and Gas Limited, six other firms and an Abuja-based ...
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World Bank Approves U.S.$750 Million for Nigeria’s Power Sector
World Bank has approved a $750 million International Development Association (IDA) credit for Nigeria's Power Sector Recovery Operation (PSRO) to ...
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How Illegal Mining Is Driving Local Conflicts in Nigeria
By Maurice Ogbonnaya Africa's artisanal and small-scale gold mining sector has development potential. At their peak in 2017 these mines ...
Read moreNigeria: Post-COVID-19 – World Bank Says Nigeria, Others Must End Fuel Subsidy
By Bassey Udo The current low crude oil prices present an opportunity for commodities-dependent economies like Nigeria to review their ...
Read moreReport Predicts U.S.$17 Billion Decline in Nigerian Oil Revenue
By Obinna Chima Nigeria's oil revenue is likely to decline by between 70 per cent and 80 per cent this ...
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Inside Nigeria’s Opaque Multibillion-Dollar Asset Recovery Deals
By Lionel Faull and Oladeinde Olawoyin Serious disruption to court systems around the world caused by the global coronavirus crisis ...
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Shell Paid $5.63 Billion Tax, Fees to Nigerian Govt in 2019 – Report
"Shell made payments of another $136.9 million to the Niger Delta Development Commission (NDDC) during the year." By Bassey Udo ...
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Despite 37bn Barrels Reserve, Nigeria Still Imports Bitumen – NEITI
By Emmanuel Addeh Abuja — Despite a huge reserve of over 37 billion barrels of bitumen, the mineral used in ...
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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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