By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oando Energy Resources (OER) on Monday said it has extended the outside date for completion of the proposed acquisition of the Nigerian Upstream Oil and Gas Business of ConocoPhillips to June 30, 2014. Oando said in pursuant to an amendment agreement executed on April 30, […]
Business News
Transcorp Signs Production Sharing Contract with NNPC
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Conglomerate, Transnational Corporation of Nigeria Plc (Transcorp) on Monday said it has signed a production sharing contract with the Nigerian National Petroleum Corporation (NNPC). Transcorp in a notice to the Nigerian stock exchange (NSE) said the production sharing contract (PSC) with the NNPC is for […]
Etisalat Agrees to Sell West Africa Businesses for $650 Million
Emirates Telecommunications Corp., (ETISALAT) the United Arab Emirates most valuable listed company, agreed to sell businesses in six West African countries to Maroc Telecom for $650 million. The Abu Dhabi-based company, known as Etisalat, is selling operations in Benin, Central African Republic, Gabon, Ivory Coast, Niger and Togo, it said […]

