The country's legislature and judiciary have locked horns over a motion by MPs calling for an inquiry into what has come to be known as the "oil cash bonanza", when president ... Read more »
The Senate said that the benchmark was increased in view of the present international price. Read more »
Speculation is rife that the firm will be leaving the country, after its announcement that it is scaling down its stake in oil development, shedding nearly two thirds of its ... Read more »
The government is yet to start oil production, but it is already earning money that can be termed as oil-related revenue, writes Mark Keith Muhumuza for the Daily Monitor. Read more »
The Nigeria Union of Petroleum and Natural Gas Workers had begun a three-day nationwide warning strike over unresolved labour issues but it has been called off after talks with ... Read more »
The Deputy Chief Justice, Steven Kavuma, has been ejected from the parliament after asking pressing questions about oil money that was given to 42 top government officials by ... Read more »
The country had lost its position to Angola last year due to militant attacks. Read more »
As the price of gas impacts how people travel, how goods are shipped and how people formulate their budgets to survive, the government has been praised for the move. Read more »
The Automobile Association has warned that a petrol price increase in the new year may be the first of a series of price hikes, citing unaudited month-end fuel price data released ... Read more »
Former oil minister Dan Etete who is among 12 people facing charges of alleged corruption relating to the sale of the Malabu oil field, has demanded that the government prosecute ... Read more »
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