Seven Energy International Limited (Seven Energy) and the Nigeria Sovereign Investment Authority (NSIA) have signed a commitment letter for an investment of at least $100,000,000 in aggregate principal amount of
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The National Union of Petroleum and Natural Gas on Tuesday said that over N10bn in revenue was lost during the five-day industrial action of the union. Chairman, South-West Chapter of the
Forte Oil Plc and Aiteo Group on Monday emerged the major contenders for Oando Plc downstream assets nationwide. Investors’ interest heightened after Oando Plc announced plans to concentrate mainly on upstream
World’s most valuable company, Apple says the iPhone 6 and iPhone 6 Plus models sold over 10 million units on its first weekend compared to over 9 million sold in
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) was split in its decision to retain monetary interest rates at
Nigeria’s Bank of Industry (BoI) has launched a N5bn funding programme for agro processors to enable them establish small scale
Nigeria’s coordinating minister for the economy and minister of finance, Ngozi Okonjo-Iweala, has disregard fears that Boko haram insurgency and
Mr. Femi Ajayi, the executive secretary of the Petroleum Technology Development Fund (PTDF), is a biochemist, journalist and international law