France’s Total SA, Europe’s second largest oil company, has put one of its offshore Nigerian oil fields up for sale again, the company said, after a 2012 deal with Sinopec Corp failed. Total has hired BNP Paribas to find buyers for its Usan deepwater oil field located in the Nigeria […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s total capital importation climbed up 3.32 percent to $186.23 million in the half-year of 2014 from $5.617 million recorded in the corresponding period of 2013, according to the latest figures released by the National Bureau of Statistics (NBS). The report affirmed that capital […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – Nigeria has said it will triple its natural gas production capacity by 2020 to help meet the nation’s power and industrial development needs, a Bloomberg report quoted Diezani Alison-Madueke, Petroleum Minister. According to the report, Alison-Madueke disclosed that Nigeria wants to increase gas […]