News

12 Oil Executives Arrested Over Alleged Bribery

Nigeria’s anti-corruption agency said in a statement it arrested 12 executives from multinational oil-servicing firms over an alleged $100 million bribery scheme, the AFP reported. Those arrested included executives from Noble Inc., Tidewater Inc., Murphy Shipping and Transocean Ltd., the … read more

Explosion after local primaries in Bayelsa

An explosion hit the local headquarters of an opposition party in Nigeria’s oil-producing Niger Delta on Thursday shortly after delegates had finished holding state governorship primaries, a senior official said. The explosion at the Labour Party office in Bayelsa appeared … read more

Jonathan wins party primary

Nigeria’s ruling Peoples Democratic Party has nominated incumbent Goodluck Jonathan as its presidential candidate after fending off a primary challenge in the country’s mainly Muslim north. Jonathan’s nomination on Friday allows him to stand in the April presidential elections, which … read more

Chevron says oil pipeline fixed

U.S. energy firm Chevron said on Thursday an oil pipeline in Nigeria’s southern Delta state which was breached in December has been repaired and is operating normally again. “The impacted line is fixed and operations normal,” a Chevron spokesman said. … read more

Main militant arrested after surrender

Troops have arrested a militant in the country’s main oil-producing region whose gang was accused of kidnapping and pipeline sabotage, authorities said Wednesday. Authorities say Keiti Sese, also known as Commander Noumekeme, is among several militants who have sought to … read more

Heineken Buys Five Breweries in Nigeria

Dutch brewer Heineken NV said Wednesday that it has bought a controlling interest in five breweries in Nigeria, as it moves to quickly expand in one of the world’s fastest growing beer markets and Africa’s second-largest. The purchase from Sona … read more