As President Muhammadu Buhari, who doubles as the petroleum minister, completes his first term in office, stakeholders in the oil and gas sector have insisted that his performance in the sector is far below expectations.

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Nine suspected illegal dealers of petroleum products were arraigned by the Economic and Financial Crimes Commission (EFCC) Lagos office, on Thursday, June 14. They were arraigned before Justice Hadiza Rabiu Shagari of the Federal High

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A human rights lawyer, Femi Falana has said that the federal government has given him and his team of lawyers the go ahead to go after foreign banks that colluded with Nigerian officials to hold

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President Muhammadu Buhari’s kinsman, Alhaji Muhammad Ibrahim Daura, has called on him to resign from the office of Petroleum Minister and concentrate on his duty as the President and Commander in Chief of the Armed

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Crude oil prices hit new multi-year highs as production cuts led by the Organisation of Petroleum Exporting Countries (OPEC) and healthy demand helped to balance the market, but analysts warned of possible overheating. Reuters reported

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After eight months, Nigeria has reclaimed its spot as Africa’s largest oil producer, edging out Angola by a few thousand barrels per day. In March 2016, Angola overtook Nigeria as Africa’s largest producer, with a

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Oil mogul Femi Otedola has fallen out of the exclusive list of Africa’s Billionaires after his net worth dropped from $1.8 billion to $550 million due largely to a massive drop in the stock price

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The son of renowned Nigerian environmental activist Ken Saro-Wiwa, who was executed more than 20 years ago, has died in London. Ken Saro-Wiwa Jr, 47, passed away after suffering a stroke, his family say. He

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The Niger Delta Avengers has threatened to release photos and video of how Nigerian soldiers deployed to Niger Delta to maintain peace involve in illegal oil deals. This threat came following security reports that linked

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For the second time in three weeks, the Nigerian National Petroleum Corporation has received an express order from President Muhammadu Buhari to explore for oil in the North. This time, the President directed the national

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