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Seven Energy, NSIA sign $100m deal

    Seven Energy, NSIA sign $100m deal

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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NUPENG: Oil workers’ strike cost Nigeria over N10bn

    NUPENG: Oil workers’ strike cost Nigeria over N10bn

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

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Forte Oil, Aiteo Group target Oando’s downstream assets

    Forte Oil, Aiteo Group target Oando’s downstream assets

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

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Apple sells over 10 million iPhone 6s in 72 hours

    Apple sells over 10 million iPhone 6s in 72 hours

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

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CBN’s retention of 12% interest rate ‘hawkish’

    CBN’s retention of 12% interest rate ‘hawkish’

The Central Bank of Nigeria’s Monetary Policy Committee (MPC) was split in its decision to retain monetary interest rates at

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FG announces N213bn bailout for power sector

    FG announces N213bn bailout for power sector

The federal government on Friday announced new measures to address financing related issues in the power sector, including a N213

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BoI supports agro processors with N5bn loan

    BoI supports agro processors with N5bn loan

Nigeria’s Bank of Industry (BoI) has launched a N5bn funding programme for agro processors to enable them establish small scale

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Iweala: Ebola, Boko haram won’t affect economic growth

    Iweala: Ebola, Boko haram won’t affect economic growth

Nigeria’s coordinating minister for the economy and minister of finance, Ngozi Okonjo-Iweala, has disregard fears that Boko haram insurgency and

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10 young women who will lead African business in future

    10 young women who will lead African business in future

One of the biggest events that will define the future of Africa entrepreneurship is holding this weekend. Organised by  She Leads Africa,

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Ajayi: Expect more changes at PTDF

    Ajayi: Expect more changes at PTDF

Mr. Femi Ajayi, the executive secretary of the Petroleum Technology Development Fund (PTDF), is a biochemist, journalist and international law

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