Nigeria: Africa's New Oil Trading Powerhouse Emerges
Nigeria is rapidly transforming into Africa's premier oil trading hub, positioning itself as the continent's next major growth frontier in global energy markets.
Nigeria is rapidly transforming into Africa's premier oil trading hub, positioning itself as the continent's next major growth frontier in global energy markets.
Nigeria's anti-graft agency prosecutes five foreigners and their companies for massive crude oil theft in Rivers State, exposing sophisticated illegal bunkering operations.
Nigerian student groups are urging President Tinubu to prioritize domestic refining by allocating all crude oil to Dangote Refinery, promising cheaper fuel and economic revival.
Nigeria's anti-graft agency EFCC has arraigned three foreign nationals before a Lagos court for allegedly stealing crude oil worth ₦12 billion from the country's territorial waters.
Nigerian students unite in calling for domestic crude oil allocation to boost local refining capacity and tackle fuel scarcity crisis.
In a major crackdown on oil theft, the Nigerian Navy has raided and completely dismantled a sophisticated illegal refinery operation hidden within Ondo State's riverine communities.
Nigeria's anti-graft agency EFCC has arraigned three foreign nationals and a vessel for allegedly stealing crude oil worth ₦12 billion. The shocking case reveals sophisticated oil theft operations in Nigerian maritime territory.
Norwegian energy giant Equinor reports staggering $251 million quarterly loss as Nigerian crude prices tumble amid global market volatility. Discover how this impacts Africa's largest oil producer.