By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria on Wednesday approved borrowing of $945 million from the International Development Association (IDA), an arm of the World Bank for irrigation and drainage projects, Bashir Yuguda, minister of state for finance said. According to the minister, the borrowing consists of $495 million for irrigation […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Global lender, the International Monetary Fund (IMF), in partnership with the World Bank and the World Trade Organisation (WTO), will on Thursday begin  the third IMF/WB/WTO trade workshop. The IMF says the event brings together trade experts from the three (3) institutions to present cutting-edge […]

Oct 4, 2014/Bloomberg Seplat Petroleum Development Co. (SEPL), a Nigerian oil producer that raised about $500 million in a share sale this year, is looking to buy natural-gas assets to take advantage of higher prices in Africa’s biggest economy. “Two things are driving the gas-commercialization business: the gas price and […]