LAGOS-The World Bank Group has projected that Nigeria will in 2014 receive an inflow of $21 billion as remittances from Nigerians living and working abroad. This...
Excerpts of the President of World Bank Group press briefing at the Annual IMF/World Bank Group Annual Meetings I’ve got three topics that I’d like to...
LAGOS-THERE are high indications that the United States of America and a major part of its western allies may no require Nigerian crude oil to...
Italy’s Eni S.p.A. signed two production sharing contracts (PSC) with Vietnam’s state-owned oil and gas company PetroVietnam Monday for exploration blocks 116 and Block 124, located...
By Kunle KalejayeNigeria, the largest Oil producer in Africa is set to be overtaken by Angola the continents second largest producer of Oil by 2016.The International...
LAGOS-The Aiteo Group-led consortium has acquired Shell’s equity shares in oil mining lease (OML) 29 for $2.7 billion which the company has just divested from. The...
Targa Resources Partners LP agreed to buy Atlas Pipeline Partners LP for $5.8 billion, including debt, creating one of the largest diversified master-limited partnerships. Atlas will...
By Kunle Kalejaye Techno Gas & Power, a subsidiary of Techno Oil Limited has hinted that Nigeria power sector needs 6.5 million prepaid meters to...
Joseph BAMIDELE LAGOS-The International Monetary Fund says China has overtaken the United States as the world’s largest economy, according to a report. The IMF estimates that...
By Josephine ADAMA ABIDJAN– Ivory Coast will seek investors in its available offshore oil acreage, including seven new ultra-deep water blocks in the Gulf of Guinea,...
