By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Ghana over the past two decades has recorded a declining poverty rate over the past two decades, the International Monetary Fund (IMF) said on Tuesday at the conclusion of 2014 article IV consultation with the country. The IMF said the country has outperformed regional peers […]

Nigerian oil producer Seplat Petroleum has signed an agreement to supply 16,000 Mcf/d of natural gas to Azura-Edo power plant, the company said, as more oil companies seek to cash in on the nation’s power sector privatisation last year. Seplat said in a statement recently that the 15-year gas supply […]

Nigeria’s external reserves dropped 0.48 per cent to $37.95 billion between May 5, and April 28, 2014, according to latest figures released by the Central Bank of Nigeria (CBN) even as analysts forecast a further depleting of the reserves. As at April 28, the reserves stood at N38.14 billion. Having […]