Oil, Nigeria | featured news

Nigeria tycoon 'plans $8bn refinery'

Africa's wealthiest man, Aliko Dangote, says he aims to invest up to $8bn in a major new oil refinery that would double Nigeria's current oil output.

 

Nigeria 'to give 10% of oil cash'

Nigeria 'to give 10% of oil cash'

Nigeria reportedly plans to give 10% of oil revenues to people in the Niger Delta, a key demand of militants there.

 

Nigerian army frees hostages and destroys militant camp

Nigerian security forces said Saturday they rescued 10 hostages kidnapped this week, including six foreigners, and destroyed a key militant camp in the heart of Africa's biggest oil industry region.

 

Nigeria rebels call 'all-out war'

Nigeria rebels call 'all-out war'

Oil militants in Nigeria call for an 'all-out war' against the government, accusing military planes of bombing a village.

 

Subscribe to this RSS topic: Syndicate content