World News

New NNPC GMD Assumes Office

August 4, 2015/The Will The newly appointed Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Emmanuel Ibe Kachikwu, has assumed duty as the Chief Executive of the corporation, the NNPC said in a statement. The statement said that a brief handover ceremony was held at the NNPC […]

Proposed Dangote Refinery Gets $997m Grant From United States Trade Agency

July 30, 2015/The Will The United States Trade and Development Agency (USTDA) Thursday in Lagos announced a grant of $997.4 million dollars as training support for the proposed refinery by the Dangote Group. The grant was announced at the signing of a Memorandum of Understanding (MoU) between Dangote Group and […]

Nigeria to raise 195 bln naira in Treasury bills

Wed Jul 29, 2015/Reuters Nigeria plans to sell 195.17 billion naira ($981 million) worth of 3-month, 6-month and 1-year Treasury bills on August 5, the central bank said on Wednesday. The bank said in a statement it would sell 45.17 billion naira worth of the 3-month paper, 30 billion naira […]