Total to Raise Nigerian Output by 60,000bpd in 2015

The Chief Executive Officer of Total’s Nigerian producing unit, Elizabeth Proust has said that the French oil firm plans to see to the completion...

Nigeria Looks to Asia as US Ends Crude Import

The federal government has disclosed that it has turned its main focus to Asian markets as the United States has stopped buying crude oil...

Minister warns farmers of extreme weather, need for agric insurance

Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina has warned farmers of the possibility of extreme weather conditions and the need for them...

AshakaCem Concludes MTO, Shares Conversion

The Board of Ashakacem Plc have announced the successful completion of its Mandatory Tender Offer to minority shareholders. Majority of the shareholders accepted the...

NSE appoints new primary market maker

The Nigerian Stock Exchange (NSE) has announced the appointment of Chapel Hill Denham Securities Limited (CHDS) as one of its Primary Market Makers. The...

Dangote raises stake in refinery, to become world’s largest

The Dangote Group has announced plans to raise its initial proposed refinery capacity from 450,000bpd to 650, 000bpd, to make it the refinery with...

Gov. Dickson Launches N50m Micro-finance Revolving Loan Scheme

Bayelsa State Governor, Hon. Seriake Dickson over the weekend presented an instrument of N25m as a revolving loan to traders in the Swali and Kpansia...

Dubai's Port and Free Zone World Completes $1.1 Bn Loan

Port and Free Zone World (PFZW), the majority owner of listed Dubai-based ports operator DP World, has completed a deal to borrow $1.1 billion,...

Stimulating Cottage, Industrial Palm Oil Investments

Investments in production and processing of palm oil has been identified and proven to be a veritable tool of poverty reduction and economic diversification.From...

FG obtains $1bn facility to establish MSME wholesale bank

The Federal Government has announced that it has secured one billion dollar loan for a Micro, Small and Medium Enterprises (MSMEs) Wholesale Bank to...

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