The federal high court has dismissed a suit seeking to expose how the U.S.$12.5 billion oil windfall that accrued to Nigeria under the leadership of retired General Ibrahim ... Read more »

A federal high court has stopped the Economic and Financial Crimes Commission from going on with plans to arraign Chairman of Bi-Courtney, Wale Babalakin, on money-laundering ... Read more »

There is an ongoing rift that reportedly exists between the Petroleum Minister Diezani Alison-Madueke and Finance Minister Ngozi Okonjo-Iweala over the handling of the government's ... Read more »

Speaker Rebecca Kadaga sneaked out of parliament as debate on the oil bill span out of control and regular parliament procedures were forgotten. The fiercely divided legislators ... Read more »

A nationwide strike by Nigeria's Petroleum Union is on the cards from November 30. Workers are asking the government to investigate and arrest soldiers who allegedly shot at ... Read more »

The Economic and Financial Crimes Commission has told the Abuja High Court that it has gathered enough evidence to arrest more people people over their alleged involvement in the ... Read more »

Tullow Oil has discovered more oil in northern Kenya during its multi-well drilling campaign. Multiple finds have fueled the country’s hopes to become a petroleum producer and ... Read more »

Most Nigerians have to rely on generators because of the epileptic power supply. Many businesses have also closed down because they cannot afford to buy expensive fuel from the ... Read more »

A group of legislators opposed to the Oil Bill - which empowers the oil minister to terminate and grant contracts at will - have aligned themselves with civil society to protest ... Read more »

The United States government expressed concern over delays in resumption of oil production, saying the move deprives the two Sudans of the revenue required to uplift their ... Read more »