By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Niger Delta Exploration & Production Plc (NDEP), an energy company in Nigeria on Wednesday said it plans to raise fresh funds of $450 million to acquire and develop crude fields in the country, according to a Bloomberg report. The report affirmed that Layi Fatona, chief […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The staff of global financial institution, the International Monetary Fund (IMF) on Wednesday said it has recommended to its executive board a proposal of $127 million to support Guinea, Liberia and Sierra Leone fight the dreaded Ebola virus disease (EVD). The IMF said […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) –The Nigerian National Petroleum Corporation (NNPC) on Tuesday began an indefinite strike that may disrupt output in the country and affect domestic fuel supplies, a Bloomberg report quoted an official of the union. “We have total shutdown at NNPC offices and all their subsidiaries, […]