Wednesday 4 May 2016
 
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Nigeria

Saudi, Nigeria say cooperation crucial for oil market stability

Consultations and co-operation between OPEC and non-OPEC crude producers are the best ways to keep oil markets stable, Saudi Arabian and Nigerian government oil officials said, state news agency SPA reported on Tuesday. Saudi Depu

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Opec members 'increasingly keen to end oil glut'

The mood inside the Organization of the Petroleum Exporting Countries (Opec) is shifting from mistrust to a growing consensus that a decision must be reached on how to end the global oil price rout, Nigeria's oil minister told Reuters.

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Coca-Cola buys into Nigerian juice maker Chi

Coca-Cola has bought a 40 per cent stake in Nigerian juice and snack producer Chi Ltd, it said on Saturday, as it continues to expand in Africa to tap a young and fast-growing population. The US drinks giant bought the stake from

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At least 100 killed in Nigeria gas plant explosion

Tens of people were killed in an explosion at a gas plant in southern Nigeria, the presidency said on Friday, with one journalist putting the death toll at 100. The blast occurred on Thursday when a truck was discharging butane ga

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PDi wins $2.2m support contract in Nigeria

Scotland’s Project Development International (PDi), a leading engineering consultancy, has secured a GBP1.5million ($2.26 million) technical support contract with Nigerian oil service company Marine Platforms Limited (MPL).

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PDi wins $2.2m support contract in Nigeria

Scotland’s Project Development International (PDi), a leading engineering consultancy, has secured a GBP1.5million ($2.26 million) technical support contract with Nigerian oil service company Marine Platforms Limited (MPL).

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Suicide bombers in Nigeria kill 14, wound 100

Two female suicide bombers blew themselves up at a mobile phone market in the northern Nigerian city of Kano on Wednesday, killing at least 14 people and wounding more than 100 others, the country's emergency response agency said.

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Nigeria agrees $2.1bn payment to oil marketers

Nigeria's government has approved the payment of 413 billion naira ($2.1 billion) to oil marketers as outstanding payment for fuel subsidy claims, the state-run Nigerian National Petroleum Corporation (NNPC) said on Wednesday.

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Etisalat, Africa's IHS complete tower transfer deal

The Nigerian affiliate of Etisalat has completed the transfer of 555 telecom towers to Africa's IHS, the second tranche of a sale and leaseback deal announced last year, the Gulf's biggest telecommunications operator said on Monday.

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Suicide bomber kills 6, injures 11 in Nigeria market

A suicide bomber struck a crowded market in the northeastern Nigerian city of Maiduguri on Friday, killing six people, the national Emergency Management Agency (Nema) said, in an attack that bore the hallmarks of Islamist militant group Boko Har

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