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Royal Dutch Shell expects to lift a force majeure on two grades of Nigerian crude oil by the end of November, a top official said on...
Nigeria is concerned that oil and gas prices could fall as more countries uncover reserves and sees the need to make plans to adapt to this...
By Omoh Gabriel Tales and stories sometimes appear to many as one and the same. While stories are told somehow by those who have experienced or...
Full Text of Nuhu Ribadu’s Oil Subsidy Report INTRODUCTION Report of the Petroleum Revenue Special Task Force We have pleasure in reporting the conclusion of the...
The International Monetary Fund (IMF) says the Federal Government needs to curtail spending to avoid putting pressure on the crude oil benchmark. Mr Scott Rogers, IMF’s...
Nigeria, on Thursday, recorded a landmark achievement in its Investment Climate Reforms Programme as the Corporate Affairs Commission, a parastatal under the Ministry of Trade and...
Gov. Babatunde Fashola of Lagos State on Wednesday presented a budget of N497.3 billion to the State Assembly for the year 2013. The estimates represent an...
Trading activities on Wednesday remained on a negative trend at the Nigeria Stock Exchange as major blue chip equities recorded price losses leading to further depreciation...
African phone tower group IHS plans to sell 25 percent stake in its telecom infrastructure business to European investment firm Wendel for $125 million to fund...
Nigeria’s Starcomms has agreed a $210 million investment deal with investor group Capcom Limited for a 90.5 percent stake in the telecom business, the stock exchange...
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) said that the allegation that the commission moved five oil communities from Rivers to Bayelsa was misleading. The...
The Central Bank of Nigeria (CBN) says the nation’s external reserves has risen to 42.56 billion dollars on Oct. 29, up from $42.31 billion on Oct....
Chief Executive of the Nigerian Stock Exchange (NSE) Mr Oscar Onyema has advised agro-allied companies to seek long-term development funds from the nation’s bourse. Onyema made...
President Goodluck Jonathan has ordered the two other committees set up to look into the country’s petroleum industry to submit their reports on Friday, November 2,...
Foreign exchange sales fell sharply by 69 per cent to $43.5 million at the bi-weekly auction conducted by the Central Bank of Nigeria (CBN) yesterday. Results...