Thursday 26 May 2016
 
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Nigeria

Nigeria union launches strike against fuel price hike

A Nigerian union defied a court ban to launch a general strike on Wednesday in protest at a planned hefty increase in fuel prices, though many businesses and government offices opened as normal. The government hopes lifting costly

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Etihad welcomes new GM for Nigeria

Etihad Airways, the national airline of the UAE, has appointed George Mawadri as its new general manager in Nigeria. In his new role, he will be responsible for growing the group's relationships with its travel trade and corporate c

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Oil rises on Nigeria, Venezuela disruptions

Oil prices edged up in early trading on Monday as output falls in Nigeria and worries about political instability in Venezuela tightened the market, although rising Opec output and a stronger dollar capped gains. International Bre

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Oil rises on Nigeria, Venezuela disruptions

Oil prices edged up in early trading on Monday as output falls in Nigeria and worries about political instability in Venezuela tightened the market, although rising Opec output and a stronger dollar capped gains. International Bre

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Nigeria unions threaten strike over pump price rise

Nigeria's two main labour unions have called for a general strike from Wednesday unless the government reverses a plan to increase petrol prices by up to 67 per cent, a joint statement said on Saturday. Last week, the governme

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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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