MONDAY, 19 JULY 2010    Oil prices sank on Friday at the end of a volatile week which saw dealers trying to get a fix on the energy demand outlook amid mixed data.New York’s main contract, light sweet crude for delivery in August, fell 61 cents on Friday to […]

  MONDAY, 19 JULY 2010 01:11           Inter-bank lending rates retreated to 1.41 percent on average last week from 8.25 percent penultimate week following a large injection of funds from government allocations to public sector agencies, traders said weekend. N413.28 billion ($2.8 billion) was distributed from the federation accounts to […]

  MONDAY, 19 JULY 2010 BY ROSELINE OKERE    TOTAL has acquired Chevron’s 45.9 per cent interest in block ‘one’ in the Joint Development Zone (JDZ).The Nigeria – São Tomé and Príncipe Joint Development Authority is an organisation established by treaty that regulates the two countries’ Joint Development Zone in […]