Nigeria’s Seven Energy said on Tuesday it had secured $255 million from new backers, including Singapore state investor Temasek, to help fund its plan to build up a gas business in the West African country. Seven Energy, an indigenous Nigerian company, plans to buy gas fields and related infrastructure and […]

CALGARY, April 9, 2014 /PRNewswire/ — Oando Energy Resources Inc. (“Oando Energy Resources” or the “Company“) (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced that, further to its press release dated January 31, 2014, it has extended the availability period of the […]

Guaranty Trust Bank Plc, Nigeria’s largest lender by market value, plans to expand its operations in the rest of Africa over the next three years in a bid to triple the pace of earnings growth. “The bank plans to open in one other country, probably Tanzania, Mozambique or Angola to […]