Indonesia eyes more Nigerian crude oil
12-03-2018 | 13:48:31
Indonesia has expressed the desire to buy more crude oil from Nigeria, a request having been made by the Head of Economic Affairs of the Indonesian Embassy.
NNPC records $476.25m crude gas export receipts
12-03-2018 | 13:39:06
The Nigerian National Petroleum Corporation (NNPC) recorded total export receipts of $476.25m in December, 2017, from sale of crude oil and gas as against $201.11m in November, 2017.
Nigerian Export-Import Bank urges SMEs in Southeast and Delta states to access $5b export facilities
08-02-2018 | 11:18:48
The Nigerian Export-Import Bank (NEXIM) urges Small and Medium Entrepreneurs (SMEs) in Southeast and Delta States to Access N550 Billion, $5 billion, Export Facilities.
Agric sector records 3% growth despite recession
01-02-2018 | 09:36:30
The Director-General, Budget Office of the Federation, Ben Akabueze, has revealed that despite the economic downturn fueled by recession, the agricultural sector of the economy grew by three per cent.
NNPC records $239.10m crude oil export sales
25-01-2018 | 08:31:00
The Nigerian National Petroleum Corporation, NNPC posted a total crude oil and gas export sale of $239.10Million in the month of November, 2017.
Rosewood racket report prompts international probe into Nigeria-China timber trafficking
18-01-2018 | 10:42:19
In response to the dire rosewood crisis in Nigeria, the Secretariat of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) informed its 183 member countries of exceptional control measures.
254 companies bid for purchase of Nigerian crude grades
11-01-2018 | 10:54:08
A total of 254 indigenous and foreign owned entities have submitted bids for the sale and purchase of the Federal Government equity crude under the 2018/2019 crude oil term contracts.
France invests €350m in Nigeria
04-01-2018 | 10:44:04
The Ambassador of the Federal Republic of Nigeria to France, Dr Modupe Irele, on Tuesday announced that France invested about N150 billion (350 million euros) in Nigeria in 2017.
A guide to Africa’s key markets in 2018
02-01-2018 | 10:34:00
For bond investors, Africa was a happy hunting ground last year. Its local-currency and dollar securities easily outperformed those of emerging markets overall as investors piled into a continent offering high yields and starting to recover from the commodity bust of three years ago.
Nigeria’s sales revenue from white products rise to N1.877 trillion
29-12-2017 | 09:16:49
A total sale of ₦151.42 billion was made on the petroleum products for white products by Petroleum Investment Management company in the month of September 2017, compared with ₦111.36 billion sold in the prior month of August 2017.