Cairo, Egypt — Afreximbank has announced an initial disbursement of US$2.25 billion under a syndicated US$3.3 billion Crude Oil Prepayment…
Browsing: Nigeria
Lagos, Nigeria — Dangote Petroleum Refinery has commenced production of diesel and aviation fuel, after taking delivery of six million barrels…
Oritsegbubemi Omatseyin Lagos — The Nigerian Independent Petroleum Company, NIPCO, has invested over N100 billion in the gas sector to…
Lagos — Nigeria’s electricity regulator has put up for sale the sixth largest power distribution utility over a $130 million…
London — OPEC oil output rose in December, a Reuters survey found on Friday, as increases in Iraq, Angola and…
Nairobi — Nigeria’s naira and the Kenyan and Ugandan shillings are expected to weaken in the next week to Thursday,…
Abuja — Nigeria’s upstream oil regulator on Monday announced an annual oil and condensates production target of 2.6 million barrels…
Abuja — Nigeria’s foreign exchange reserves dipped to a six-year low of $32.87 billion at the end of December, data…
Eunice Imo Kalu Lagos — Riverside LNG, a Nigerian-based firm, has said it is in talks to supply gas to South…
– Salaries, overheads gulp N38.3bn Ike Amos Dublin, Ireland — The Federal Government has allocated N44.173 billion to the Ministry…