-

Nigeria signs off bilateral agreements with Morocco
Nigeria and Morocco have further strengthened their business ties by signing off on two other bilateral agreements. The first agreement…
-

Nigerian Energy Group Taleveras and ExxonMobil win Oil Blocks in Equatorial Guinea.
Equatorial Guinea’s Minister of Mines and Hydrocarbons recently revealed that respective oil blocks have been awarded to Nigerian Energy Group…
-

Forcados finally commences crude exports.
Following the completion of the damaged Trans-Forcardos Pipeline, the Shell Petroleum Development Company of Nigeria Ltd (SPDC) has lifted the…
-

The Ministry of Mines and Steel Development commences negotiation with Sovereign Wealth Trust
The Minister of Mines and Steel Development has admonished the Solid Mineral Development Fund (SMDF) to fast-track the approval of…
-

Nigeria plans to issues its delayed “green” bond
The Federal Government is currently planning to issue its long awaited green bond which is expected to raise about NGN20bn…
-

Federal Government awaits approval of the National Assembly to borrow US$1.3bn
The Federal Government is currently awaiting approval of the National Assembly to borrow up to US$1.3bn from international lenders to…
-

World Bank approves US$500mn loan for social investment programme
The World Bank has approved a US$500mn loan for the government of Nigeria for social investment programme. The programme includes…
-

Zenith Bank sold bond in the international markets in mid-May.
Zenith bank has sold bonds worth US$500mn in the international market.The notes maturing 2022 were sold at par to yield…
-

Central Bank of Nigeria retained monetary policy rate at 14% in May, the tenth consecutive month it left the MPR unchanged.
As part of the efforts of the Central Bank of Nigeria (CBN) in tightening the foreign exchange market, the CBN…
-

Nigerias economy contracted for a fifth consecutive quarter in the three months through March as oil output declined.
According to Bloomberg, the Gross Domestic Product of Nigeria shrank by 0.5% in the first quarter from the previous year,…