
The government, expecting a windfall, has updated the terms of production-sharing contracts. But the move could dampen investment, leading to a falloff in revenue instead.
The government, expecting a windfall, has updated the terms of production-sharing contracts. But the move could dampen investment, leading to a falloff in revenue instead.
Nigeria's southern oil-producing region will loom large for President Muhammadu Buhari as he embarks on a second -- if controversial -- term in office.
The differences between the incumbent Muhammadu Buhari and his challenger, Atiku Abubakar, will determine the presidential vote on Feb. 16 -- and potentially their country's stability.
The coming presidential contest has thrown the country into a state of flux, threatening the political balance that has helped it contain its internal security threats.
By Ben West
President Muhammadu Buhari may lose his seat to challenger Atiku Abubakar, but the problems of militancy and corruption that shaped his policies are here to stay.
As Africa's most populous country heads toward elections early next year, its political leadership will turn to the tried and true: seek electoral advantage by exploiting insecurity.
The West African giant has one of the most restrictive trade regimes in the world, thanks in large part to the abundant energy reserves on which it so heavily relies.
After five months of silence, the Nigerian militant group has released a statement promising to resume its attacks on oil and natural gas infrastructure in the Niger Delta.
A dispute between Nigeria's oil ministry and its state-owned oil company shows how discord within Nigeria's ruling establishment could unwind the country's tenuous regional and political balance.
After a prolonged absence, Muhammadu Buhari's return from medical leave raises questions about his country's future.