No fast forward for Nigeria's poor despite oil boom
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A short drive away from  Nigeria's capital Abuja, with its air-conditioned villas and  ministers in luxury cars, life for many in the town of Maraba  is a daily struggle to eat.
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The price of crude oil ends slips back  below $50 but unease remains over tensions in Nigeria's southern region.
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LONDON, United Kingdom -- Oil prices fell back from record highs Monday, ducking below 50 dollars in New York as fears of disruption to supplies from Nigeria receded after a peace deal between rival gangs in the oil-rich Niger Delta.
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Attack helicopters battled speedboats full of armed fighters for control of key oil installations. Seven foreigners were abducted from a residential compound, and militants claimed dozens of soldiers were killed. Even by the standards of Nigeria's oil-rich southern delta region, it has been a bloody week.
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MUNDEMBA, Cameroon  - The Cameroonians of the  Bakassi Peninsula have learned like many other communities that  the prospect of oil can be more of a curse than a blessing.
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Oil prices pierced the $50-a-barrel mark again today amid concern over possible conflict in Nigeria's oil-producing delta region.
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By Malcolm Moore, Economics Correspondent (Filed: 12/10/2004). Striking oil workers in Nigeria and Norway yesterday drove the price of oil past the $50 a barrel threshold for the first time in London.
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Soaring oil prices and tough competition have left businesses downbeat about their future despite rising orders and output, a survey has claimed.
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Nigerian cities are quiet as trade unions strike saying concessions on fuel price rises are "too little, too late".
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Oil prices remained just below record  highs on Friday amid concern over possible conflict in  Nigeria's oil-producing delta region, where a two-day truce  between rebel militia and government forces is holding.
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Officials in Nigeria's richest oil state are accused of squandering funds that should go on schools and hospitals.
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Oil prices slid from record highs above  $50 a barrel Wednesday as the U.S. government reported a  surprise increase in crude stocks and rebels in Nigeria's  oil-rich delta region agreed to a preliminary cease-fire.
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Oil prices slid below the psychologically critical 50 dollar a barrel mark as tensions eased in Nigeria's southern oil heartland, where a rebel group fighting for control of the country's key resource said it had surrendered its weapons.
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LAGOS, NIGERIA - Streets in the Nigerian capital of Lagos are deserted Tuesday as the country enters the second day of a general strike to protest a 25 per cent hike in oil prices.
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Africa's poor millions, already  suffering grinding poverty and rampant disease, risk bearing  the brunt of the global warming crisis unless urgent action is  taken now, a leading Nigerian scientist said Wednesday.
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There are some signs of progress in resolving the Nigerian conflict that is riling global oil markets. The leader of militia fighters threatening to widen a battle for control of Nigeria&#39;s oil-rich south has
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A nationwide strike went on Monday in Nigeria to protest against rising fuel prices, bringing much ofAfrica&#39;s top oil producer to a near standstill.