Latest news
Shell and GT Bank granted a $270 million oil-backed loan to Nigerian firm Amni
Nigeria’s Guaranty Trust Bank and a subsidiary of Royal Dutch Shell have agreed to offer a $270 million loan to independent Nigerian oil and gas producing company Amni International.
read more... 15/03/2018
Nigeria is now the biggest petrol importer globally
Nigeria is the single member country in the Organisation of Petroleum Exporting Countries, OPEC, that imports petroleum, mentioned by the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, at the 2018 Oloibiri Lecture Series (OLEF) in Abuja.
read more... 02/03/2018
World Bank offers $486 million for the improvement of the Nigerian power grid
World Bank decided to lend 486 million dollars for the improvement of the Nigerian power grid.
read more... 16/02/2018
Daily (19.12.2017): European carbon prices soared by over 3% on Monday
Benchmark Brent crude prices edged higher on Monday, buyout by a North Sea pipeline outage and a workers' strike in the Nigerian energy industry, but U.S. prices slid slightly, highlighting worries about increasing U.S. production. Brent crude futures traded 18 cents, or 0.3%, up at $63.41. U.S. crude futures fell 14 cents to $57.16.
read more... 19/12/2017
Russia aims to construct nuclear power plant in Nigeria
Russia aims to construct nuclear power plant in Nigeria
read more... 06/11/2017