Business

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  Nigerian Escravos gas-to-liquids plant to start production in 2013- Chevron

  Chevron Corp. (CVX), the world’s fourth- largest energy company, said its Nigerian Escravos gas-to-...

  • Posted August 3, 2011
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  Shell accepts full liability for two massive oil spills in Ogoniland

  Shell faces a bill of hundreds of millions of dollars after accepting full liability...

  • Posted August 3, 2011
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  Exile Resources and Oando PLC Announce Proposed Acquisition and Financing – Press Release

  Exile Resources Inc. and Oando PLC (“Oando“) are pleased to announce that they have entered into...

  • Posted August 3, 2011
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  Sovereign Trust Insurance to raise N1.734 billion through right issue

  Sovereign Trust Insurance Plc, STI, is seeking to beef up its shareholders fund by...

  • Posted August 3, 2011
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  CBN increases Dollar Sales to Bureau de Change

  Nigeria’s naira headed for the biggest gain in three weeks after the central bank...

  • Posted August 2, 2011
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  Nigeria’s Oil, Gas Reserves Declining at About 12% a Year

  Nigeria’s oil and gas reserves are declining at as much as 12 percent a...

  • Posted August 1, 2011
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  Afren’s chairman Egbert Imomoh appointed SPE president

  Afren’s chairman Egbert Imomoh will become president of the Society of Petroleum Engineers (SPE)...

  • Posted August 1, 2011
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  US politicians struck a deal to solve cash crisis

  US politicians finally struck a deal to solve their cash crisis last night, saving...

  • Posted August 1, 2011
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• FG has signed the 2011 Financial Reporting Council Bill into law – Aganga

  Minister of Trade and Investment, Dr. Olusegun Aganga, has disclosed that the Federal Government has...

  • Posted July 31, 2011
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  Emerging markets now a much safer bet – Mobius

  The U.S. dollar and Treasurys, which proved to be safe havens during the global...

  • Posted July 30, 2011
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