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Oil & Gas

Venezuela, Russia’s Rosneft agree on $14 billion oil,…

Editor Jun 3, 2015
Venezuela and Russia’s top oil producer, Rosneft, have agreed on around $14 billion in investment in the South…
Oil & Gas

Africa Oil closes $100 million financing

Editor Jun 3, 2015
Africa Oil has announced that it has closed the $100 million non-brokered private placement previously announced…
Oil & Gas

Oil slides on strong dollar, supply glut worries

Editor Jun 3, 2015
Oil prices sank this week to one-month lows on the back of the strong dollar and global supply glut fears, ahead of…
Oil & Gas

Decision Week for OPEC: 30 million barrels or less?

Editor Jun 3, 2015
OPEC ministers will meet in Vienna this week to decide on whether to stick to its target of 30 million per day or…
Oil & Gas

BOGL groans over NNPC’s preference for foreign firms in…

Editor Jun 3, 2015
After five years of signing the country’s Content Development Act into law, the Nigerian National Petroleum…
Breaking News

Ikpeazu, Abia governor, appoints Adindu chief press…

Editor Jun 3, 2015
Governor Okezie Ikpeazu of Abia State has announced the appointment of Godwin Adindu as his chief press secretary…
Agriculture

Investing in groundnut oil processing factory

Editor Jun 3, 2015
Groundnut is one of the crops that are grown abundantly in Nigeria.  Groundnut oil is also one of the vegetable oil…
Agriculture

How packaged foods increase demand for plastic…

Editor Jun 3, 2015
The increase in demand for packaged foods and the stocking of these locally produced foods in mega stores has been…
Insurance

PenOp deploys electronic platform to boost pension…

Editor Jun 3, 2015
Pension Fund Operators Association of Nigeria (PenOp) has launched the Electronic Pension Contribution Collection…
Power

Electricity companies oppose stopping of estimated…

Editor Jun 2, 2015
Electricity Distribution Companies in Abuja on Tuesday opposed the proposed stopping of estimated billing for…
Insurance

Prestige Assurance pays $5.7m claim on Dana Air crash

Editor Jun 2, 2015
Underwriting firm, Prestige Assurance plc, with the support of local co-insurers and facultative reinsurers, has…
Real Estate

67% drop in budgetary allocation seen challenging…

Editor Jun 2, 2015
President Muhammadu Buhari may be facing a herculean task delivering his party’s (All Progressives Congress)…
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