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        Nigerian National Petroleum Corp

        • Tuesday, 15 September, 2015
          African companies
          Cash-strapped Nigeria to renegotiate contracts with oil majors

          Move comes as Africa’s top crude producer tries to clean up the sector

          An aerial view taken on February 5, 2008 120 kms off the coast of Nigeria, south of Lagos, shows the FPSO (Floating, Production, Storage and Offloading) Bonga unit. Far from the Niger Delta and its separatist militants, the 305-meter long ship pumps night and day 225,000 barils of petrol a day and 150 million cubic feet of gas, which represents a quarter of the daily production of the Anglo-Dutch group Shell. Authorities rushed to prevent one of Nigeria's worst recent oil spills from reaching the West African nation's shoreline on December 22, 2011 with production from a major Shell field also shut due to the leak. Shell, which said the leak has been stopped, has estimated that less than 40,000 barrels of crude have spilled into the sea and was deploying ships with dispersants to attack the slick. Planes were also being mobilised. AFP PHOTO/ JACQUES LHUILLERY (Photo credit should read JACQUES LHUILLERY/AFP/Getty Images)
        • Thursday, 10 September, 2015
          African companies
          Nigeria lifts oil tanker ban

          President demands guarantee of no ‘illegal activity whatsoever’

          Nigerian President Mohammadu Buhari raises his fist to greet the crowd before taking oath of office at the Eagles Square in Abuja, on May 29, 2015. Buhari, 72, defeated Jonathan in March 28 elections -- the first time in Nigeria's history that an opposition candidate had beaten a sitting president. AFP PHOTO/PIUS UTOMI EKPEI        (Photo credit should read PIUS UTOMI EKPEI/AFP/Getty Images)
        • Monday, 17 August, 2015
          African companies
          Nigeria state oil group NNPC taps private sector for top ranks

          New MD to review production-sharing and joint venture agreements as part of extensive restructuring

          Men walk past a Nigerian National Petroleum Corporation tanker outside the NNPC headquarters in Abuja, Nigeria
        • Monday, 10 August, 2015
          African companies
          Nigeria oil industry awaits Buhari plan

          President’s strategy unclear despite arrival of new NNPC boss

          Nigerian President Mohammadu Buhari raises his fist to greet the crowd before taking oath of office at the Eagles Square in Abuja, on May 29, 2015. Buhari, 72, defeated Jonathan in March 28 elections -- the first time in Nigeria's history that an opposition candidate had beaten a sitting president. AFP PHOTO/PIUS UTOMI EKPEI        (Photo credit should read PIUS UTOMI EKPEI/AFP/Getty Images)
        • Thursday, 9 July, 2015
          EM SquaredAfrican companies
          Nigeria’s oil bill: back to the drawing board Premium?content

          New administration restarts reforms from scratch after sacking board of national oil company

          An aerial view taken on February 5, 2008 120 kms off the coast of Nigeria, south of Lagos, shows the FPSO (Floating, Production, Storage and Offloading) Bonga unit. Far from the Niger Delta and its separatist militants, the 305-meter long ship pumps night and day 225,000 barils of petrol a day and 150 million cubic feet of gas, which represents a quarter of the daily production of the Anglo-Dutch group Shell. Authorities rushed to prevent one of Nigeria's worst recent oil spills from reaching the West African nation's shoreline on December 22, 2011 with production from a major Shell field also shut due to the leak. Shell, which said the leak has been stopped, has estimated that less than 40,000 barrels of crude have spilled into the sea and was deploying ships with dispersants to attack the slick. Planes were also being mobilised. AFP PHOTO/ JACQUES LHUILLERY (Photo credit should read JACQUES LHUILLERY/AFP/Getty Images)
        • Friday, 26 June, 2015
          African companies
          Nigeria president dissolves state oil company board

          NNPC is target for anti-corruption drive following landmark election

          Chief Justice of Nigeria Mahmud Mohammed swears in Muhammadu Buhari as Nigeria's president at the Eagle Square in Abuja, Nigeria May 29, 2015. REUTERS/Afolabi Sotunde TPX IMAGES OF THE DAY
        • Tuesday, 9 June, 2015
          World
          Nigeria Senate defiance lays bare Muhammadu Buhari’s challenge

          Friction with legislators ignites business fears of delayed cabinet appointments and fiscal remedies

          Nigerian President Mohammadu Buhari, next to his wife Aisha, raises his fist to greet the crowd before taking oath of office at the Eagles Square in Abuja, on May 29, 2015. Buhari, 72, defeated Jonathan in March 28 elections -- the first time in Nigeria's history that an opposition candidate had beaten a sitting president. AFP PHOTO/PIUS UTOMI EKPEIPIUS UTOMI EKPEI/AFP/Getty Images
        • Tuesday, 26 May, 2015
          News in-depthThe Big Read
          Nigeria: The big oil fix

          Battling corruption and fuel shortages, the president must repair the state-owned group

          Flames flare from a locally made burner as a refiner walks through an illegal oil refinery site near river Nun in Nigeria's oil state of Bayelsa on November 27 2012
        • Wednesday, 13 May, 2015
          African companies
          Unanswered questions on Nigeria’s missing oil revenue billions

          Lines of investigation suggested by the PwC audit need to be pursued, writes Lamido Sanusi

          Afren employees at the Ebok Field Development, located offshore Nigeria
        • Tuesday, 28 April, 2015
          African companies
          Nigeria audit: state oil company siphoning oil revenues

          Long-awaited PwC report says ‘unsustainable’ state oil industry needs urgent overhaul

          Men walk past a Nigerian National Petroleum Corporation tanker outside the NNPC headquarters in Abuja, Nigeria
        • Wednesday, 15 April, 2015
          African companies
          Nigeria central bank chief proposes selling down oil assets

          New president will find it difficult to pay for election pledges without raising funds

          Nigeria's Central Bank new governor Godwin Emefiele speaks during a media briefing to announce his monetary policy in Abuja on June 5, 2014. AFP PHOTO/STRINGER (Photo credit should read STR/AFP/Getty Images)
        • Thursday, 12 March, 2015
          The FT ViewCentral bank intervention
          The missing audit into Nigeria’s missing billions

          Goodluck Jonathan must publish the full report into lost oil earnings

          Nigerian President Goodluck Jonathan arrives for the inauguration ceremony of South African President Jacob Zuma at the Union Buildings in Pretoria May 24, 2014. REUTERS/Siphiwe Sibeko (SOUTH AFRICA - Tags: POLITICS)
        • Monday, 23 February, 2015
          World
          Nigeria oil minister open to publishing audit on ‘missing’ oil revenue

          Alison-Madueke will not oppose publication of report into ‘missing’ billions

          Nigeria's Minister of Petroleum Resources Diezani Alison-Madueke talks with media before the start of the 162nd meeting of the Organization of the Petroleum Exporting Countries (OPEC) conference on December 12, 2012 in Vienna. OPEC holds a meeting to decide on the cartel's oil output levels and to choose a new secretary-general, ahead of a predicted slowing of world energy demand growth that may dent high crude prices. AFP PHOTO/SAMUEL KUBANI (Photo credit should read SAMUEL KUBANI/AFP/Getty Images)
        • Thursday, 12 February, 2015
          African companies
          Nigeria says crude oil audit answers critics

          Government sees report on NNPC as laying to rest financial allegations

          File photo of Nigeria's then-central bank governor Sanusi Lamido Sanusi attending an interview with Reuters at the World Islamic Economic Forum in London...Nigeria's then-central bank governor Sanusi Lamido Sanusi attends an interview with Reuters at the World Islamic Economic Forum in London in this October 30, 2013 file photo. To match Special Report NIGERIA-ELECTION/BANKER REUTERS/Stefan Wermuth/Files (BRITAIN - Tags: BUSINESS POLITICS HEADSHOT)
        • Monday, 17 November, 2014
          FT AlphavilleIzabella Kaminska
          Ever naira a fuel scarcity issue for Nigeria
        • Wednesday, 27 August, 2014
          LombardJonathan Guthrie
          Oil auction may end well for Shell, badly for Nigeria

          Foreign oil groups cannot be blamed for losing their nerves

        • Monday, 14 July, 2014
          beyondbricsJude Webber
          Pemex reform: is Mexico getting it right?
        • Monday, 10 March, 2014
          The FT ViewOil
          Finding Nigeria’s missing billions

          Shooting the messenger does not nullify the message

        • Friday, 21 February, 2014
          African companies
          Nigeria central bank governor vows to challenge his suspension
          Lamido Sanusi, governor of the Central Bank of Nigeria
        • Thursday, 20 February, 2014
          Currencies
          Investors view shock move to suspend Sanusi as Nigerian own goal
          President Goodluck Jonathan
        • Thursday, 20 February, 2014
          beyondbricsOil
          Nigeria: central bank governor suspended for “recklessness”
        • Tuesday, 18 February, 2014
          The FT ViewOil
          Nigeria’s missing petrol billions

          Case for shaking up the oil industry has never been clearer

        • Thursday, 13 February, 2014
          Currencies
          Nigeria pledges forensic audit of oil revenues
          Crude oil spills from a pipeline in Dadabili:: problems in the Niger Delta have forced foreign oil majors to quit the mainland and concentrate on offshore projects
        • Wednesday, 12 February, 2014
          Currencies
          Nigeria bank governor alleges oil subsidy racket
          Lamido Sanusi, governor of the Central Bank of Nigeria
        • Monday, 16 December, 2013
          Global InsightWilliam Wallis
          ?Jonathan feels the heat over big shortfall in oil funds

          The magnitude of the hole in the government’s accounts has shocked Nigeria

          NIGERIA-OIL-CRIME
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