Abdulkareem Mojeed

The decline in production came despite NNPC’s ongoing efforts to improve output and sustain operational efficiency across its assets.

The decline in production came despite NNPC's ongoing efforts to improve output and sustain operational efficiency across its assets.

The groups said the investment, if not properly scrutinised and regulated, could have far-reaching implications for land, water resources, local livelihoods, smallholder farmers and the environment.

Nigeria, Sept. 4 -- Civil society organisations and environmentalists in Nigeria have questioned the proposed $2.5 billion investment by JBS, the world's largest meat-processing company, in the country.

Nigeria, Sept. 8 -- The World Bank has said credit is bypassing the businesses that have the greatest potential to create jobs in Nigeria, urging

The World Bank has said Nigeria's financial system is failing to channel sufficient credit to businesses with the greatest potential to create jobs, urging banks and development finance institutions to redirect capital towards productive sectors of the economy.

The Nigerian leader challenged the banking and financial services sector to move beyond traditional financial intermediation and play a greater role in financing businesses, production, and job creation, saying macroeconomic stability must now translate into broad-based prosperity.

The Nigerian Upstream Petroleum Regulatory Commission says it will revoke awards granted under the Nigerian Gas Flare Commercialisation Programme where beneficiaries fail to demonstrate significant progress in utilising the flare gas sites.

A UK High Court has ruled that allegations that witnesses who testified for Shell during earlier proceedings gave false or misleading evidence can be examined ahead of the full trial of a long-running oil pollution case brought by two Niger Delta communities.

A two-year agreement between the National Agricultural Seed Council and PIND will expand community seed enterprises, strengthen quality assurance and attract investment into Nigeria's domestic seed industry.