Category : Search result: Nigeria oil crisis


Nigerian Veterans Support Trump Military Plan

Three retired Nigerian military officers have publicly endorsed former US President Donald Trump's consideration of sending American soldiers to help tackle Nigeria's security challenges, citing worsening conditions under current administration.

Matrix Energy Appoints Umunna as Group DMD

In a strategic move to accelerate growth, Matrix Energy Group has announced the appointment of Chukwunonso Umunna as Group Deputy Managing Director, bringing over 15 years of energy sector expertise to drive the company's expansion agenda across Nigeria a

Presco Plans ₦23.7 Billion Rights Issue for Expansion

Nigerian agro-industrial giant Presco Plc announces ambitious ₦23.7 billion capital raise through rights issue to fund expansion projects and enhance palm oil production capabilities across its operations.

Local Content Key to Africa's Energy Future

Nigerian Content Development and Monitoring Board reveals how prioritizing local content is transforming Africa's energy sector and creating sustainable growth opportunities.

US Military Drafts Nigeria Plans as General Warns Trump

Exclusive report reveals Pentagon preparing military options for Nigeria amid security crisis, while retired General Jack Keane cautions against Iraq-style intervention. Analysis of US-Nigeria relations and regional implications.

Nigeria Lost $300B to Oil Theft - Senate Probe

Shocking Senate probe exposes how Nigeria lost over $300 billion in crude oil revenues from Niger Delta region due to massive theft and pipeline vandalism over 10 years, threatening national economy.

Nigeria to Privatize Refineries in Historic Agreement

In a groundbreaking move to revitalize Nigeria's oil sector, the Federal Government and manufacturers have agreed to privatize the Port Harcourt refinery and other national refineries, promising to end fuel import dependency.

FG Plans Refinery Sale to Boost Competition

The Federal Government is considering selling the country's struggling refineries to private investors as part of a comprehensive strategy to revitalize Nigeria's oil and gas sector, increase competition, and achieve energy self-sufficiency.

Ondo State Set for Multiple Refinery Projects

Ondo State is poised to become Nigeria's next energy hub as several companies finalize plans to establish refineries, creating thousands of jobs and transforming the regional economy.

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