Nigeria’s crude oil exports have plunged to their lowest levels on record as the country continues to battle oil theft, pipeline vandalism, and, most critically, high gasoline prices ...

An oil production vessel exploded just off the coast of Nigeria on Feb. 3, killing seven of 10 crew members on board. Nigeria’s monitoring of and response to oil industry incidents is poor ...

The pace of Nigeria’s decline will depend partly on how rapidly the world moves away from oil. If it does so quickly with the aim of limiting global warming to 1.9°C, Nigeria’s oil production ...

Petrol production at Nigerian business tycoon Aliko Dangote’s $20bn (£15.5bn) state-of-the-art oil refinery ought to be some of the best business news Nigeria has had in years.

The deaths of more than 100 people following an explosion at an illegal oil refinery in southern Nigeria has thrown a spotlight on the lucrative world of illicit refining, which the BBC's Mayeni ...

Jolted by a public outcry since the start of the year, Nigeria's government has announced a series of measures to address oil industry corruption in the world's eighth biggest producer. It is an ...

The oil industry contributes around 70 percent of Nigeria's government revenue and over 90 percent of export earnings. Successive Nigerian governments have sought to diversify the economy, with ...

Nigerian authorities and Shell’s local subsidiary were on Monday investigating the cause of an oil spill on the Trans Niger pipeline that lasted several days. The spill from the 180,000-barrel-a ...

Nigeria has grappled with the problem of oil theft and vandalism for decades, so there’s reason to be cautious about whether the recent improvements will last. Until the security measures are proven ...

Nigeria's local fuel traders can now buy petrol directly from the Dangote Oil Refinery, ending state-oil firm NNPC's exclusive buying rights as the country moves to fully deregulate its processing ...

Related: This Giant Oil Trader Sees Upside For Oil Prices Over the next 10 years, the plan could add $150 billion to Nigeria’s foreign reserves, create 500,000 new jobs, and lift 10 million ...

At a business breakfast on February 7, Doyin Salami pointed out the elephant in the living room of Nigeria’s economy. The country is not oil rich; rather it is oil dependent. He asked attendees ...