Nigeria
Economy
The Nigerian Government is threatening to impose harsh penalties on international oil companies (IOCs) that fail to offer a certain, as yet unspecified, amount of gas for domestic...
2008-08-18Economy
Nigeria is set to hand over sovereignty of the oil-rich Bakassi Peninsula to Cameroon on August 14 2008. Despite security concerns and a court order to the delay the transfer, Nigerian...
2008-08-14Companies
Texas-based oil major ExxonMobil has begun production at its US$1.3bn natural gas liquids (NGL) facility in Nigeria. The East Area NGL II project is expected to reduce gas flaring...
2008-07-31Political Risk
Nigerian militant group the Movement for the Emancipation of the Niger Delta (MEND) claims to have attacked two major crude oil pipelines operated by Anglo-Dutch major Royal Dutch...
2008-07-28Economy
Nigeria's main militant group, the Movement for the Emancipation of the Niger Delta (MEND), has pledged to attack major oil pipelines within the next 30 days. MEND made the promise...
2008-07-24Industry
Cadbury Nigeria, a separately listed subsidiary of Cadbury Schweppes, has been suspended from trading on the Nigerian Stock Exchange following a decision by Nigeria's Investment and...
2008-07-21Political Risk
The Movement for the Emancipation of the Niger Delta (MEND) has announced that it will end a ceasefire, which began at midnight on June 24, on July 12 at 2300 GMT. MEND said that...
2008-07-10Economy
The Movement for the Emancipation of the Niger Delta (MEND) has declared a ceasefire, just days after one of its most daring attacks to date. MEND stopped short of agreeing to participate...
2008-06-23




