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Oil prices edged modestly higher Friday as news of an output cut in Nigeria helped to halt, at least temporarily, the week's sharp decline in prices
Oil climbed back above $130 a barrel Friday in Asia as news of an output cut in Nigeria helped to halt the steady decline in prices that began three days ago.
Oil climbed back above $130 a barrel Friday in Asia as news of an output cut in Nigeria helped to halt the steady decline in prices that began three days ago.
Oil fell back from a record trading high Friday after tensions with Iran, the possibility of renewed violence in Nigeria and a planned labor strike in Brazil raised fears of threats to supplies.
Oil prices set a new record near $146 a barrel Friday, boosted by concerns over possible disruption of tight global supplies amid tensions over Iran's launch of test missiles and the threatened renewal of oil-related violence in Nigeria.
Oil prices rose Thursday following reports of diminished U.S. crude stocks and renewed Mideast tensions.
Gunmen kidnapped the younger brother of Nigerian soccer star Joseph Yobo Saturday, police said.
Leaders in a volatile region of Nigeria have agreed to participate in government-backed talks intended to stop attacks on the country's oil industry, a government spokesman said Tuesday.
Oil prices edged higher Tuesday as traders remained wary of potential supply disruptions in Nigeria and held back ahead of an upcoming inventory report.
A Nigerian rebel movement blamed for an number of recent attacks on the African country's oil industry announced a unilateral truce Sunday after an appeal for negotiations by tribal leaders.
Oil prices edged modestly higher Friday as news of an output cut in Nigeria helped to halt, at least temporarily, the week's sharp decline in prices
Oil climbed back above $130 a barrel Friday in Asia as news of an output cut in Nigeria helped to halt the steady decline in prices that began three days ago.
Oil climbed back above $130 a barrel Friday in Asia as news of an output cut in Nigeria helped to halt the steady decline in prices that began three days ago.
Oil fell back from a record trading high Friday after tensions with Iran, the possibility of renewed violence in Nigeria and a planned labor strike in Brazil raised fears of threats to supplies.
Oil prices set a new record near $146 a barrel Friday, boosted by concerns over possible disruption of tight global supplies amid tensions over Iran's launch of test missiles and the threatened renewal of oil-related violence in Nigeria.
Oil prices rose Thursday following reports of diminished U.S. crude stocks and renewed Mideast tensions.
Gunmen kidnapped the younger brother of Nigerian soccer star Joseph Yobo Saturday, police said.
Leaders in a volatile region of Nigeria have agreed to participate in government-backed talks intended to stop attacks on the country's oil industry, a government spokesman said Tuesday.
Oil prices edged higher Tuesday as traders remained wary of potential supply disruptions in Nigeria and held back ahead of an upcoming inventory report.
A Nigerian rebel movement blamed for an number of recent attacks on the African country's oil industry announced a unilateral truce Sunday after an appeal for negotiations by tribal leaders.
Concerns about supply in the Iranian, Nigerian, and Chinese oil markets sent crude through another volatile trading session Friday, with prices rising nearly $5 before settling higher by less than $3.
Oil production was shut down at an offshore Nigerian facility after an armed attack Thursday by a powerful militant group from the Delta region, Shell said.
Royal Dutch Shell said it shut down production at an offshore oil installation that produces about 200,000 barrels per day after the most powerful militant group in Nigeria said it launched an attack there Thursday
In a nearly $5 swing from its lows, crude prices ended sharply higher Wednesday following a report that Nigerian oil workers are threatening to go on strike.
A rebel group that has been attacking oil pipelines in southern Nigeria claimed responsibility on Monday for another strike and said it killed 11 government soldiers in fighting that followed the sabotage.
Violence in oil-rich southern Nigeria is having a ripple effect thousands of miles away -- at gas stations in the United States.
Some 800,000 residents were forcibly evicted from their homes in the Nigerian capital, Abuja, over a four-year period to make way for development in the fast-growing city, a rights group said Thursday
Polio cases have nearly doubled this year in the West African nation of Nigeria as officials struggle to fight various natural strains of the virus as well as an outbreak set off by the polio vaccine itself three years ago
At age 77, author Chinua Achebe is living in grace and in exile, housed in a cottage built just for him on the campus of Bard College, lonely for his native Nigeria and the people for whom his stories have been written.
Nigeria joined Group B winners Ivory Coast in qualifying for the African Nations Cup quarter-finals on Tuesday.
More than 30 people were killed after a car crashed into a fuel tanker, which exploded and burst into flames early Saturday in the oil-rich town of Port Harcourt in Nigeria, police said.
Oil prices kicked off 2008 by hitting $100 a barrel for the first time Wednesday, with violence in oil-rich Nigeria, the prospect of more interest rate cuts, a halt in Mexican imports and talk of yet another drop in U.S. crude supplies contributing to the milestone.
The Egbin Thermal Power Station, a few miles outside Lagos, is Nigeria's largest generating plant, with a capacity of 1,320 megawatts. It has six units, but two have been cannibalized to repair the remaining four, and at peak hours only two turbines are functioning. On bad days, like the first week in November, when the gas supply line was sabotaged, the plant shuts down altogether.
The polio eradication campaign has made remarkable strides in Nigeria. But a recent outbreak -- caused by the vaccine itself -- threatens to derail it
The Palms shopping center in Lagos is the largest mall in sub-Saharan Africa. It's managed by a South African company, Broll, and most of its stores - Game, Shoprite, NuMetro, Nandos - are South African brands. The largest mobile-phone company in Nigeria? It, too, is South African: MTN, which has captured nearly 50% of the market.
Nigerian kidnappers released a 3-year-old British girl on Sunday after holding her for four days, and no ransom was paid, according to Nigerian police sources close to the investigation.
Crude gained $1.00 Friday to settle at $72.81, the highest settlement since Aug. 22, 2006, as Nigerian disruptions and OPEC output cuts stirred supply concerns amid rising U.S. refiner demand.
Oil prices turned lower Wednesday after the government said supplies of crude rose far more than traders had expected.
Oil prices rose above $69 a barrel on Friday on fears a general strike in Nigeria could intensify and disrupt crude shipments from the world's eighth-largest exporter.
Oil eased below $69 a barrel Wednesday on news a general strike in Nigeria had so far failed to interrupt crude shipments from Africa's top producer.
Oil prices were flat Tuesday, hovering near a 10-month high posted in the previous session on concerns that a strike call in Nigeria could further cut crude output in the world's eighth-biggest oil exporter.
The U.S. State Department confirmed that seven people were kidnapped in Nigeria, three of them U.S. citizens, but offered few details.
Oil prices remained higher Wednesday after government said supplies of crude oil showed a surprise gain but gasoline stocks and refinery runs declined.
Nigerians hoping for an honest leader to fight endemic corruption voted in presidential elections Saturday, but disarray at the polls and a failed truck bombing caused unease in a country trying to solidify democratic rule.
Twenty-four recently freed Filipino hostages safely arrived home to Manila Saturday after militants held them captive for 25 days in a clandestine jungle camp in Nigeria.
The Philippine government strongly hinted Friday it would approve the payment of ransoms to win the freedom of 26 Filipino hostages missing or kidnapped in Nigeria.
Splashing across the murky waters of southern Nigeria in a speedboat, I suddenly found myself in one of the scariest positions of my journalistic career: masked militants firing machine guns at me and my crew.
At least 200 people were killed outside Lagos, Nigeria, in a massive explosion and fire that ignited as crowds carried away buckets of refined fuel from a tapped fuel pipeline, the Nigerian Red Cross said.
A Nigerian airliner carrying 104 people crashed shortly after take-off Sunday near the Abuja airport and burst into flames, airport and government officials told CNN.
Oil prices rebounded from eight-month lows Wednesday, ending higher after renewed violence racked OPEC member Nigeria.
A German oil contractor was kidnapped Thursday in the Nigerian oil city of Port Harcourt in the southeast Niger Delta region, police said.
Have you won the lottery lately? Not the one you bought a ticket in for last Saturday night's big draw, but the international one from Amsterdam or Spain?
Nigerian militants on Wednesday staged a bloody attack on an oil facility in the Port Harcourt area, abducting five South Korean oil workers to be held until two imprisoned local leaders are freed from jail, militants told CNN.
Armed attackers stormed an oil rig off the coast of Nigeria, kidnapping eight foreign workers and raising new fears over security in Africa's top oil producing nation.
Between 150 and 200 people died on Friday in an oil pipeline explosion in the outskirts of the Nigerian city of Lagos, Nigerian officials say.
Nigerian militants claimed Saturday that they detonated a car bomb outside an oil refinery in Warri.
Former Liberian President Charles Taylor has vanished from the Nigerian villa where he was living in exile, days after Nigeria said Liberian authorities could repatriate the man wanted for war crimes, a Nigerian government spokesman said Tuesday.
Three Western oil workers were released Monday after having been taken captive last month by militants in Nigeria's oil-rich Delta state, a government spokesman told CNN.
Only 27 of 150 passengers on a ship traveling from Nigeria to Gabon survived when the vessel sank Wednesday night, said the harbor master for the main port in Cameroon.
Oil prices settled more than $2 higher Thursday, after touching $64 a barrel on domestic and Nigerian supply worries.
Sixteen people were killed and 11 churches were burned Saturday in Nigeria as part of the continuing violence over cartoons of Islam's Prophet Mohammed.
A Nigerian group has claimed responsibility for the abduction of nine foreign workers during its attack on an oil facility Saturday.
Nigeria finished in third place at the African Nations Cup after Garba Lawal struck 11 minutes from time to earn a 1-0 win over Senegal in Thursday's playoff.
The deadly H5N1 strain of bird flu has been found in two more Nigerian states, the Agricultural Ministry said Thursday.
A highly pathogenic strain of avian flu has reached the African continent, the World Organization for Animal Health (OIE) and the World Health Organization (WHO) said Wednesday.
Goalkeeper Vincent Enyeama made three saves in a penalty shootout to help Nigeria eliminate defending champions Tunisia in their African Nations Cup quarterfinal on Saturday.
The family and company of an American oil worker in captivity in Nigeria have said they are worried about his health, following reports from his kidnappers that he is gravely ill and could die.
Oil prices rose Thursday, reaching $66 a barrel, on supply fears in producer countries despite a government report showing crude inventories surprisingly increased.
U.S. stocks were set for a lower opening Tuesday as the price of oil soared on instability in both Nigeria and Iran.
Nigerian President Olusegun Obasanjo has grounded Sosoliso Airlines in the wake of a weekend crash that killed 108 people, many of them Catholic secondary school students on their way home for the holidays, the president's office said Tuesday.
Four people who initially survived a passenger plane crash in southern Nigeria have died, bringing the death toll to 107, officials in Nigeria told CNN.
Officials in Nigeria say they are investigating the cause of a passenger plane crash that killed 107 people, including at least 65 secondary school children.
A Nigerian passenger plane carrying a "large number" of school children headed home for the holidays crashed and burned Saturday at an airport in Port Harcourt.
The wreckage of a passenger jet with 114 people on board has been found in central Nigeria, authorities said. There was no information on survivors.
Chairman of the Nigeria FA, Ibrahim Galadima, has angrily reacted to Philippe Troussier's decision not to take up the appointment as the country's coach.
Christian Chukwu was effectively sacked as coach by the Nigerian FA on Tuesday because of disappointing results in the 2006 World Cup qualifiers.
The United States closed its Nigerian consulate in Lagos Friday for undisclosed security reasons, the U.S. State Department announced.
Six employees of a Shell contractor were kidnapped Wednesday in southern Nigeria, a spokesman for Shell in London said.
Call it baksheesh, dash, grease or la bustarella -- a bribe has many names around the globe. Yet for some it is an inherent part of doing business.
Nigeria and Senegal's places in the 2006 World Cup finals have been left in doubt after being held to draws in African qualifying on Sunday.
Britain, facing a logjam of faulty visa applications, slammed the door on Monday on young Nigerians visiting the country for the first time.
CNN.com asked its readers to share their views on the death of Pope John Paul II, who died Saturday. Here is a sampling from thousands of responses, some of which have been edited:
International oil giant Shell said Thursday it has been forced to suspend some exports of 110,000 barrels a day because of community unrest in the Niger River Delta in Nigeria.
At least 20 people were killed in a blast Tuesday at an oil production facility in Lagos as they were stealing fuel, a Nigerian government official said Thursday.
Inter Milan forward Obafemi Martins and West Bromwich Albion's Nwankwo Kanu have pulled out of Nigeria's squad for next week's friendly against South Africa in Johannesburg.
Crude oil prices breached the $54 mark Tuesday to reach a new all-time high, fueled by continuing worries over supply in Nigeria and reduced output in the hurricane-hobbled Gulf of Mexico.
Oil prices settled above $53 a barrel Friday, closing at a record high for the fourth straight session, as labor strife in Nigeria and Norway rekindled supply worries.
Oil prices closed at a record for the third straight session on news of a strike in Nigeria and concerns over low winter heating fuel supplies.
The Nigerian government has signed a cease-fire with three rebel groups that had been targeting foreign oil companies and their workers in the Niger Delta region, government officials said Friday.
A rebel leader who had threatened to attack multinational oil interests in Nigeria says he and President Olusegun Obasanjo have agreed that rebel and government troops will stop firing on each other immediately.
Oil prices have surged to historic levels as a threat of civil war in Nigeria adds to concerns over tight global supplies.
The Nigerian rebel group fighting government troops in the oil-rich Niger delta has warned it will launch "all-out war on the Nigerian state" from October 1 and advised all oil companies to shut production by then.
Up to 50 people are feared to have been killed in a petroleum pipeline explosion in Nigeria's commercial capital Lagos, police said.
The polio outbreak that originated in northern Nigeria continues to infect new countries and threatens to become an epidemic across west and central Africa, health officials say.
Let's say you wanted to rent your house this summer--one week minimum, please. You placed an online ad and got a response from a South African honeymooning couple asking if your home is available f...
Oil prices have risen above $40 a barrel for the first time in more than a month.
Oil prices have edged off one-month highs as concerns over supply disruption eased.
Royal Dutch/Shell has taken responsibility for contributing to the fighting and corruption in oil-rich Nigeria.
Labor unions in Nigeria have gone on strike to protest hikes in fuel prices, after talks broke off between union leaders and government officials.
Charlton forward Carlton Cole has been invited to join the Nigeria national squad for next week's friendlies against Republic of Ireland and Jamaica in London.
Two U.S. workers with the Chevron oil company and three Nigerian employees have been killed in an ambush in the volatile Niger delta region of Nigeria.
Nigeria are into the last eight of the African Nations Cup after a 2-1 victory over their little Benin.
Unfancied Morocco clipped the wings of Nigeria's Super Eagles to score a shock 1-0 win in the opening Group D match of the African Nations Cup in Tunisia on Tuesday.
The so-called Nigerian 4-1-9 scam deserves a place in the record books. Despite the sheer audacity of the pitch--Make money by helping launder ours!--the scheme has been separating the greedy and g...
Royal Dutch/Shell recently announced plans to invest in an $8.5 billion oil-and-gas project in Nigeria, a deal that could bring some $20 billion to the government over the next 25 years. But if the...
After 13 months in a Nigerian prison, American business- woman Marie McBroom, 57, was acquitted of charges that she illegally traded in oil and gas. McBroom, who could have been sentenced to death ...
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