The Nigerian National Petroleum Company (NNPC) Limited has lamented that no one is ready to invest in the oil sector due to the menace of oil...
Nigeria Security and Civil Defence Corps (NSCDC) has arrested six suspects for alleged criminal conspiracy, illegal dealing in petroleum products, and impersonation in Akwa Ibom. The...
The House of Representatives Special Committee on Oil Theft has resolved to collaborate with the military and other security agencies to tackle the scourge in the...
The Niger Delta Development Commission (NDDC), has begged traditional rulers in Rivers State to help the federal government in tackling oil theft and pipeline vandalism in...
Worried by the pressing economic challenges plaguing Nigeria, the National Economic Council (NEC) has set up the committees on Economic Affairs, as well as a committee...
Nigeria recorded 127 incidents of oil theft between December 2 and 8, 2023, the Nigerian National Petroleum Corporation Limited (NNPCL) has disclosed. This development was contained...
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that Nigeria recorded 226 crude oil theft incidents in one week, from November 18 to 24, 2023....
A special committee on oil theft was established by the House of Representatives on Wednesday in an effort to combat one of the risks to the...
Nigeria recorded 172 crude oil theft incidents and also detected 67 illegal refineries in one week between November 11-17, 2023. This was disclosed by the Nigerian...
Nigeria has lost the sum of N4.3 trillion worth of crude oil in 7,143 pipeline vandalism cases within five years, the federal government has revealed. These...
The House of Representatives ad-hoc committee investigating crude oil theft on Saturday re-invited the Group Chief Executive Officer of Nigeria National Petroleum Company Limited (NNPC), Melee...
The Chairman of the House of Representatives ad hoc committee set up to investigate crude oil theft, Kabiru Rurum, said those involved in oil theft in...
The Joint Task Force (JTF) deployed to protect oil facilities in the Niger Delta, Operation Delta Safe (OPDS), on Sunday released an impounded vessel, MT Praisel,...
Asari Dokubo, the self-styled Niger Delta activist and revolutionary who came into prominence during the struggle for self-determination in the Niger Delta finally got the attention...
Tonye Cole, a co-founder and former group executive director of the Sahara Group, on Sunday, backed the allegations made by Mujahid Asari-Dokubo, a former warlord, that...
The Nigerian Navy on Saturday challenged the ex-Niger Delta militant leader, Asari Dokunbo, to name the individuals in the military behind crude oil theft in the...
A former militant leader in the Niger Delta, Asari Dokubo, on Friday, accused the military of complicity in the oil theft in the Niger Delta. Dokubo,...
President Bola Ahmed Tinubu has been characterised as being confused by the presidential candidate of the African Action Congress (AAC) for the 2023 elections, Omoyele Sowore....
The Service Chiefs have been urged by President Bola Tinubu to collaborate in the battle against insecurity, and crude oil theft. Tinubu issued the warning, on...
The Bayelsa State Governor, Douye Diri, on Wednesday urged Nigerian Navy to work closely with the state government in checking crude oil theft, and other criminal...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has laid down new regulations aimed at measuring how crude oil is to be measured in the country as...
The Nigerian Navy has accused the Nigerian National Petroleum Corporation (NNPC) Limited of spinning out inflated numbers in order to preserve face rather than disclosing the...
The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Ltd, Mele Kyari, has condemned the spate of oil theft in the country. Kyari,...
The Nigeria Security and Civil Defence Corps (NSCDC) in Rivers has impounded five trucks and arrested a suspect for alleged oil theft. This was contained in...
The government of Equatorial Guinea says it has recovered a vessel suspected of being engaged in illegal crude export, and handed same over to the Nigerian...
The Group Chief Executive Office of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has given reasons why the outfit had to engage the services...
The spokesman of the All Progressives Congress (APC) Presidential Campaign Council, Festus Keyamo, said on Friday the ruling party was not responsible for the prevalent oil...
The Nigerian National Petroleum Company (NNPC) Limited has revealed the rationale behind the recruitment of private security contractors in the fight against crude oil theft. Mele...
The Socio-Economic Rights and Accountability Project (SERAP) has implored the Federal Government to commence investigations into the operations of illegal oil pipelines from 2001 to date,...
The Federal Government, on Friday, defended the destruction of an oil bunkering vessel by security operatives. The Nigerian Navy had on Monday destroyed a vessel seized...
The Kaduna State Governor, Nasir El-Rufai, on Monday, described as thoughtless attempt by the Socio-Economic Rights and Accountability Project (SERAP) to sue the Federal Government over...
The Socio-Economic Rights and Accountability Project (SERAP) has declared its intention to file a lawsuit against the Federal Government over oil theft in the country. The...
As Nigeria continues to struggle with oil theft, Chief Timipre Sylva, Minister of State for Petroleum Resources, has disclosed that there are over 265 illegal refineries...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has launched an application for the monitoring of crude oil theft and pipeline vandalism. The cooperation launched the...
The Imo State Governor, Hope Uzodimma, on Friday challenged Nigerians to find solutions to rising crude oil theft and insecurity in the country instead of focusing...
Oil giant Shell Petroleum Development Company (SPDC) has blamed Nigeria’s economic woes, including the free fall of the naira value and high cost of living on...
The Economic and Financial Crimes Commission (EFCC) has commenced the investigation of a Venezuelan and four Nigerians arrested by the Nigerian Navy for alleged illegal oil...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
Shell Petroleum Development Company of Nigeria (SPDC) Limited on Friday threatened to leave the country over theft of crude oil and production challenges. The company’s Managing...
The Federal government of Nigeria has revealed that a whopping N434 billion (about $1 billion) was lost to oil theft between January and March this year....
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
A report has revealed that Nigeria loses between N30 and N60 trillion annually to oil theft, illegal refining, and pipeline vandalism. The report was the product...
The Senate on Thursday identified crude oil theft as the major cause of the country’s economic downturn. In a heated debate at the plenary, several senators...
The Federal Government has pledged to ensure a stop to incidences of pipeline vandalism and crude oil theft in order to ensure maximum production in the...
Nigeria in three months (August to October) has lost over N556 billion worth of oil revenue due to the shutdown of eight oil terminals. The shutdown were...
Justice Oluremi Oguntoyinbo of the Federal High Court, Lagos, on Wednesday granted an interim Mareva injunction known as a freezing injunction directing commercial banks to block...
A Federal High Court sitting in Ikoyi, Lagos has convicted and sentenced five Indians to one year imprisonment each for oil theft. A statement by Wilson...
A suspected oil thief, Mallam Julius Obi has been remanded in the Port Harcourt Custodial Centre. He was remanded by the Federal High Court, Port Harcourt,...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Melee Kyari, said on Tuesday Nigeria lost about $750 million to oil theft in 2019....
Nigeria lost a mind-blowing sum of N4.57 trillion to oil theft activities in the four years between 2015 and 2018, estimates of the Nigeria Natural Resource...
