Author: InvestAdvocate

Suspected bomb on edge of Nigerian capital kills at least 15

A suspected car bomb exploded on the outskirts of Nigeria’s capital Abuja on Thursday, killing at least 15 people a week before the city was to host a conference of leaders and business executives focused on Africa’s growth prospects, witnesses said. The explosion hit the suburb of Nyanya, close to […]

Nigeria’s property registration among longest, most expensive globally

Despite recent improvements and innovations in terms of technology that have been introduced in land administration in some parts of Nigeria, the whole process is still lacking in speed, convenience and relative cheapness, compared to what obtains in other parts of the world, BusinessDay investigation has revealed. The country lags […]

Oando Extends Completion Date for Acquisition of ConocoPhillips’ Nigerian Assets

Oando Energy Resources  yesterday announced that the date for the completion of the proposed acquisition of the Nigerian Upstream Oil and Gas Business of ConocoPhillips (NYSE: COP) (the “ConocoPhillips Acquisition”) had been extended to June 30. Pursuant to an amendment agreement executed on Wednesday, Oando Energy Resources and ConocoPhillips agreed […]