Oil Down After U.S. Housing Data Boost
Oil prices yesterday edged lower in Asia after jumping the most in almost two weeks on Monday as better-than-expected as U.S. housing data countered fears
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AKk gas pipeline to inject 2.2bscf gas to domestic market – Kyari
The Nigerian National Petroleum Corporation (NNPC), says the Ajaokuta Kaduna, Kano (AKK) gas pipeline project will inject 2.2 billion standard cubic feet per day of
Nigeria, other African oil exporters’ll lose $34bn – IMF
The impact of the COVID-19 pandemic is estimated to cost Nigeria and other oil exporters in Africa a total of about $34bn in revenue. According
Federal Government hopeful of $5.7 billion investment from marginal fields
If the Federal Government succeeds with its on-going bid rounds for the 57 marginal oilfields being offered to investors, it might be able to attract
AMCON takes over Polema Industries assets over N500 billion debt
In effort to fulfil its mandate, the Asset Management Corporation of Nigeria (AMCON), said it has taken over a factory and other assets belonging to
Nigeria, others face $44 billion financing gaps despite huge loans
Still struggling to deal with the impact of the coronavirus on their economies, the International Monetary Fund (IMF), has said Nigeria and other countries in
COVID-19 : Nigeria records 561 fresh cases as total infections hit 25,694
Nigeria has recorded 561 new cases of COVID-19, bringing the total number of infections in the country to 25,694. The Nigeria Centre for Disease Control
CBN probes forex dealers for imports regulations violation
The Central Bank of Nigeria has said it is probing some dealers for allegedly procuring foreign currencies for the purpose of importing items, which had
Conoil Records N1.9 Billion Profit, Recommends 200 kobo Dividend
Conoil Plc, a total energy provider, has reported a revenue of N139.8 billion for the year ended December 31, 2019, showing an increase of 14.4
