Browsing: Commodities

Effective Tariff Structure, African Development Bank, AfDB, Dr Akinwunmi Adesina, Nigeria, Steady Electricity Supply, President Muhammadu Buhari, Presidential Villa, Abuja, Africa, Transmission Company of Nigeria, TCN,

Singapore-based Olam International on Tuesday said it will buy Nigeria’s Dangote Flour Mills for an enterprise value of 130 billion naira ($424.9 million).

Aiteo Eastern Exploration and Production Company Limited (AEEPCo) says it has put out the fire that occurred within its Nembe Creek Trunk Line at Ewoba in Bayelsa on April 21.

World oil prices jumped to near six-month highs on Tuesday as the United States tightened sanctions on Iran, sending shares of energy companies higher.

Justice D.Z. Senchi has granted the prayers of EFCC for a warrant of arrest against Dan Etete, a former Minister of Petroleum, and Mohammed Adoke.

President Muhammadu Buhari’s administration has continued to make significant strides through its National Social Investment Programmes (N-SIP).

Nigeria’s consumer inflation stood at 11.25 percent in March, compared with 11.31 percent in February, the National Bureau of Statistics said on Tuesday.

Buyers of Nigerian oil are said to be buying cargoes for less than relatively high offering prices even as Angola’s May loading cargoes were almost sold out by Monday.

The Presidency has expressed concern that plans of President Muhammadu Buhari to fast-track Special Economic Zones are frustrated by an agency, NEPZA.

Nigeria Export Processing Zone Authority, NEPZA is working against the direction of President Muhammadu Buhari’s government, says economic expert