The conflict with NNPC dates to 2011. In 2014, a special arbitration tribunal ordered the national oil firm to pay ExxonMobil and Shell $2.5bn for having overpaid itself in revenue from OML 133. This ...
NIGERIA DEVELOPMENT UPDATE (NDU) - October 2024 Edition: Previous distortionary and unsustainable macroeconomic policies were hindering Nigeria from achieving its immense potential. Major reforms have ...
The death toll from a fuel tanker explosion in northern Nigeria has risen to at least 153, with another 100 people injured, police told CNN Thursday. The blast, which happened late evening local ...