Nigeria plans to produce 3 million barrels per day (bpd) of crude oil by 2015 and build three new refineries adding 445,000 bpd of capacity, the oil minister said on Wednesday, ambitious plans

Nigeria is set to load around 1.93 million barrels per day (bpd) of crude oil in January, according to provisional loading programmes, up slightly from planned levels last month due to higher

Germany has unfolded plans to invest nine million euro (about N1 billion) into Nigeria's renewable energy project, within the next four years. The European economic giant's initiative would

The governor of Nigeria’s central bank, Lamido Sanusi, said the contracts for oil companies to conduct deep offshore operations must be renegotiated because the fiscal terms are unfavorable to

Ibadan — IT was a mix of anger and consternation as eggheads within the academic community of the University of Ibadan held a symposium to examine the issues connected with the controversial

Nigerian President Goodluck Jonathan on Wednesday changed top management at regulators overseeing Africa's biggest oil industry, a body criticised in the past by international agencies for a lack

  Nigeria says it is ending a $7.5 billion consumer fuel subsidy because it can better spend that money on infrastructure and social programs.  Nigerian President Goodluck Jonathan is