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Exxon Mobil makes oil discovery offshore Nigeria

2016-10-31 01:00:00| Offshore Technology

US-based Exxon Mobil has announced a significant oil discovery with a potential recoverable resource of between 500 million and one billion barrels on the Owowo field, located offshore Nigeria.

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Report: China and Nigeria have biggest planned crude distillation unit expansions by 2020

2016-09-30 01:00:00| Hydrocarbons Technology

Planned and announced refinery projects will bring global crude distillation unit (CDU) capacity by 2020 to 115.2 million metric barrels a day (mmbd), representing a growth of approximately 16.5% compared to the current capacity of 98.9mmbd, accordin

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MTN denies illegally channelling $14bn out of Nigeria

2016-09-29 02:00:00| Total Telecom industry news

Embattled telco's CEO insists allegations it colluded with banks to transfer funds are unfounded.

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Nigeria ramps up port anti-corruption

2016-09-12 01:00:00| Ship Technology

Nigeria has launched a port service support portal and an information platform to tackle widespread corruption and inefficiencies at its major ports. The country has been struggling with a poor corruption record for years and it is hoped the new move

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Nigeria in recession: How the country got here

2016-08-31 11:44:38| BBC News | Business | UK Edition

Find out why figures released today show that Nigeria is officially in recession for the first time in more than a decade.

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