William Clowes

Two oil tankers have been waiting for almost a week to load at Nigeria’s Qua Iboe and Erha offshore terminals as a force majeure declared by local Exxon Mobil Corp. units impacts exports.

Nigeria has completed about two-thirds of a pipeline that will transport gas produced in the south of the country to the power-deprived north, the state energy company said.

A firm belonging to the son of Nigeria’s president-elect bought an $11 million London mansion that his predecessor’s government was seeking to confiscate as part of a probe into one of the biggest corruption scandals in the West African nation’s history, according to previously unreported UK company documents.

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(Bloomberg) -- Nigeria’s debt burden is poised to jump 50% after the nation’s parliament approved President Muhammadu Buhari’s request to convert 22.7 trillion naira ($49 billion) of loans from the central bank into bonds.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top EstimatesZele

Nigerian oil production slumped almost 20% in April as Exxon Mobil Corp. workers went on strike, bringing to an end a recent rally.

Oil companies including Shell Plc and Eni SpA should pay $12 billion to repair environmental devastation in Nigeria’s crude-rich Niger Delta, a new report said.

Oil companies including Shell Plc and Eni SpA should pay $12 billion to repair environmental devastation in Nigeria's crude-rich Niger Delta, a new report

Nigerian President Bola Tinubu criticized the country’s central bank in his inaugural speech, signaling there will be a change in how the monetary authority manages policy.

The Nigerian National Petroleum Co. said it’s owed more than $6 billion by the country’s government that the firm has spent to keep gasoline cheap, a day after newly sworn-in President Bola Tinubu announced an end to the subsidy program.