Nigeria is promoting its oil and gas industry during President Buhari’s state visit to Spain, a move that comes as European nations seek to secure resources to replace the now-banned imports of Russian oil. Buhari and representatives of the Nigerian National Petroleum Corporation (NNPC) have highlighted Nigeria’s energy sector during…
He’s been in London since May, and now amid much anticipation and even more speculation, President Muhammadu Buhari is expected to return to Nigeria – perhaps as early as Wednesday, many local media outlets are saying. Yet whenever he returns, what happens after that is likely to be more of…
Laureen is the editor of Africa Times
A video of three University of Maiduguri (UNIMAID) faculty and staff members, believed to be abducted by Boko Haram members during last week’s ambush on an oil exploration team in Borno state, was released to news media on Saturday. Appearing in the video are two men who identified themselves as…
The death toll in Nigeria has risen to more than 50 following a Boko Haram attack on an oil exploration team in northeastern Borno state. The ambush occurred Tuesday near Magumeri as a team working with Nigerian National Petroleum Company (NNPC) was in the area, according to multiple media accounts,…
Nigeria has lost USD$4.9 billion in 2016 oil revenues because of militant attacks on pipelines and other facilities, an economic blow to a heavily oil-dependent nation already hard hit by lower oil prices. Maikanti Baru, a group managing director with the Nigerian Petroleum Development Company (NPDC) said the 1.5 trillion…