Nigeria's Senate has said it will nearly complete work by year end on two major areas of long-delayed legislation to tackle problems in managing the nation's oil wealth.
Militants in the Niger Delta have attacked another pipeline a day after regional leaders made a number of demands to President Muhammadu Buhari.
Oil extended losses from the lowest close in more than a month after weekly industry data showed U.S. crude stockpiles expanded, exacerbating an inventory glut.
Nigeria's President Muhammadu Buhari met with leaders from the Niger Delta and representatives of militant groups after attacks on oil facilities in the region.
ExxonMobil said it has made a significant oil and gas discovery offshore Nigeria.
Nigerian President Muhammadu Buhari said he will meet leaders from the Niger Delta next week in an attempt to end an insurgency in the oil producing region.
African commodity exporters risk a “disorderly” hit to their economies if they don’t adapt to the reality of low prices, said a senior official at the International Monetary Fund.
The widow of a Nigerian activist plans to take legal action against oil major Shell in Dutch courts.
Nigeria’s First Lady has openly questioned whether her husband, President Muhammadu Buhari, is in control of his government and said she may not campaign for him if he seeks a second term.
A Romanian engineer who was kidnapped in Nigeria on Monday has been freed.
South-Africa-based SacOil and Nigdel United Oil Company have dropped legal claims against each other over a licence in Nigeria.
A car-bomb explosion has been reported in Nigeria.
Nigeria said it only managed to raise 55% of its six-month revenue target in the first six months of this year.
The Nigerian Navy arrested four alleged Niger Delta crude thieves, after being tipped off by children.
Nigeria’s government can take the local units of Chevron Corp. and Total SA to trial for illegally exporting oil, a judge said.
Facing the likelihood of its first full-year economic contraction in 25 years, Nigeria is contemplating a rare sale of stakes in the oil and gas industry, the country’s biggest foreign-exchange earner.
Nigeria’s possible sale of some of its oil and gas assets to raise money and boost the contracting economy in Africa’s most populous country could reduce the government’s influence over its biggest industry.
Eland Oil and Gas, an Aberdeen-based firm which focuses on West Africa, said today it was “evaluating its portfolio” due to disruption to one of its main fields.
About 10 communities in Nigeria have been polluted by oil spills following attacks on pipelines by militants, a news report said today.
Nigerian police rescued 14 oil workers kidnapped near the southern oil hub of Port Harcourt following a gun fight with the abductors, an official said.
An investigation could be launched by the Serious Fraud Office (SFO) into the collapse of an oil company which had been advised previously by a Tory MP.
S&P Global Ratings downgraded Nigeria further into junk territory as Africa’s most populous nation struggles amid low oil prices and severe shortages of foreign-exchange.
Nigeria must get out of paying so-called cash calls to joint ventures with oil and gas companies, according to the country's Finance Minister.
Canadian Overseas Petroleum said it has completed the acquisition of 80% of the share capital of Essar Exploration and Production Limited in Nigeria.
Nigeria said its military has made an arrest of a suspected leader of the Niger Delta Avengers militant group.