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Oil & Gas

Oil jumps on weaker dollar

Editor Mar 25, 2015
Oil prices jumped with US crude up 4 percent after the dollar fell on interest-rate uncertainty, lifting demand for…
Agriculture

‘Our model is tied around meeting Nigerians’ basic…

Editor Mar 25, 2015
Mayor Farms Limited is an agribusiness committed to providing eggs and chickens to the Lagos and Ogun markets,…
Oil & Gas

Saudi crude exports up in January to 7.47 million…

Editor Mar 25, 2015
Crude oil exports from Saudi Arabia rose in January to their highest level since April last year, while volumes…
Oil & Gas

Petronas says $5 billion bond issue for CAPEX, possible…

Editor Mar 25, 2015
Malaysia’s Petroliam Nasional Bhd (Petronas) plans to use the $5 billion it raised in Asia’s largest bond offering…
Oil & Gas

ConocoPhillips expects output to rise 11 percent in next…

Editor Mar 25, 2015
ConocoPhillips expects production to climb 11 percent to touch 1.7 million barrels of oil equivalent per day…
Oil & Gas

Ethiopian oil marketer sees $5 billion refinery within…

Editor Mar 25, 2015
Ethiopia’s leading private oil marketer, National Oil, plans to build a $5 billion refinery within ten years to…
Agriculture

Farmers hit by bird flu count losses

Editor Mar 25, 2015
Though the spread of bird flu is being curtailed, poultry farmers in Plateau State whose farms were hit by the…
Oil & Gas

Angola sees oil output rising 10 percent to 1.84 million…

Editor Mar 25, 2015
Angola expects oil output to average 1.84 million barrels per day (bpd) this year, up 10 percent from 1.67 million…
Agriculture

Inter-ministerial agric nutrition working group comes on…

Editor Mar 25, 2015
An inter-ministerial agriculture nutrition working group has been formally inaugurated by Akinwunmi Adesina,…
Oil & Gas

China to lend Venezuela $10 billion

Editor Mar 25, 2015
China will lend Venezuela around $10 billion in coming months, half as part of a bilateral financing deal and the…
Oil & Gas

Tullow gets $450 million lending boost from creditors

Editor Mar 25, 2015
Africa-focused oil producer Tullow Oil said it had raised an additional $450 million of capital from existing…
Oil & Gas

NPA expects 36 ships at Lagos ports

Editor Mar 24, 2015
No fewer than 36 ships loaded with various products are expected to arrive at the ports in Lagos, the Nigerian…
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