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oil theft Nigeria

Demand surges as Nigeria’s March bond auction oversubscribes

Nigeria's March FGN bond auction drew N931.5 billion in bids against a N750 billion offer, a 4.28 percent oversubscription.

Nigeria’s oil exploration plunges 45 percent in February

Nigeria's oil exploration contracted sharply in February 2026, with active rigs falling 45 percent to 22 from 40 in January.

Troops Dismantle Seven Illegal Refineries, Foil ₦98 Million Oil Theft

Troops destroyed illegal refinery sites and seized stolen crude worth over ₦98 million in a major Niger Delta operation.

Reps to Probe Oil Pipeline Security Amid Rising Vandalism

Nigeria’s lawmakers set up a committee to investigate pipeline security and tackle vandalism, aiming to protect the country’s oil and gas infrastructure.

Oil Theft – NNPC Battles 9,000 Pipeline Infractions

The Nigerian National Petroleum Corporation reports a staggering 9,000 pipeline infractions in a year, spotlighting the dire battle against rampant oil theft.

Latest articles

Demand surges as Nigeria’s March bond auction oversubscribes

Nigeria's March FGN bond auction drew N931.5 billion in bids against a N750 billion offer, a 4.28 percent oversubscription.

Nigeria’s oil exploration plunges 45 percent in February

Nigeria's oil exploration contracted sharply in February 2026, with active rigs falling 45 percent to 22 from 40 in January.

Nigeria brings home 1,230 citizens stranded in Niger

Nigeria's Federal Government brought home 1,230 stranded citizens from Niger in March 2026, completing the evacuation in two airlifts.

OO Poly Aba launches EdTech and anti-drug drive

Ogbonnaya Onu Polytechnic Aba plans to introduce Educational Technology courses and partner with the National Drug Law Enforcement Agency to curb student substance abuse, Rector Christopher Okoro Kalu announced this week.