Tue Apr 19, 2016/Reuters By Libby George and Julia Payne Nigeria’s state oil company is in a standoff with energy giants ExxonMobil and Royal Dutch Shell over ownership of physical crude cargoes as the West African nation seeks to shore up its creaking budget. The dispute has delayed some of […]
Tag: Reuters
Nigeria to raise 167.5 bln naira in treasury bills
Tue Apr 12, 2016/Reuters Nigeria plans to raise 167.51 billion naira ($843.67 million) in treasury bills with maturities ranging between 3-month and 1-year on April 20, the central bank said on Tuesday. The bank aims to raise 36.78 billion naira in the 3-month paper, 35 billion naira in the 6-month […]
Nigeria says China offered $6 billion loan for infrastructure
Tue Apr 12, 2016/Reuters By Felix Onuah China has offered Nigeria a loan worth $6 billion to fund infrastructure projects, the Nigerian foreign minister said on Tuesday. The announcement came as both countries signed a currency swap deal to boost trade. Nigeria has been in talks with China on an […]