Monday, August 19, 2019

Nigeria: The world’s largest refinery in Lagos by Dangote

Dangote Oil Refinery Company Limited has said its 600,000 barrels of crude oil per day (bpd) plant located at the Lekki Free Trade Zone...

UK crime agency authorised to seize cash from Nigeria ex-oil minister: court

LONDON (Reuters) - Britain's National Crime Agency (NCA) obtained court permission on Monday to temporarily seize 27,000 pounds ($41,000) from a former Nigerian oil...

European firm invests $6b in Iran’s power sector

TEHRAN- An European firm signed a deal with the Iranian Energy Ministry for making $6 billion investment in Iran’s power sector, Iran’s Government Spokesman...

Nigeria’s ex-oil minister Alison-Madueke arrested in London

Lagos (AFP) - Nigeria's former oil minister has been arrested in London, the BBC said on Friday quoting unnamed family members, after Britain's National...

Banks block five million customers’ accounts • No withdrawal without BVN –CBN

At least five million bank accounts were deactivated by Deposit Money Banks operating in the country on Saturday night following the October 31, 2015...

Despite GOP Stand: TransCanada suspends its US permit on Keystone Pipeline

US President Barack Obama winks as he tells a joke about his place of birth during the White House Correspondents Association Dinner in Washington,...

Survey finds China passes US in number of billionaires

BEIJING: China has passed the United States in the number of billionaires, driven by the rise of fortunes in technology and manufacturing, according to...

Oil price to fall as market ‘drowns in over-supply’ $22 is the target

PARIS - The oil price is set to fall further this year as supply vastly exceeds demand, with major oil exporter Iran's return to...