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Nigeria

Jun 17, 2016 at 12:09 | Source: Moneycontrol.com
BoAML sees an impact of less than 2 percent on GCPLs FY17 earnings per share (EPS) due to a pressure on margins in the Nigeria business in the near term and loss in translation to Indian rupee.
Jun 16, 2016 at 12:29 | Source: Moneycontrol.com
Japanese yen strengthened sharply to 104.1 per dollar against the dollar after the Bank of Japan kept monetary policy steady as expected. Japanese yen is at strongest levels since September 2014.
Jun 16, 2016 at 11:59 | Source: Reuters
Nigeria's central bank previously pegged the naira at 197 to the US dollar but the currency trades at about half that on the black market as slump in oil revenues has hammered public finances and foreign currency reserves. The new trading rules begin on Monday, Central Bank Governor Godwin Emefiele said.
Jun 13, 2016 at 19:15 | Source: Reuters
OPEC forecast that the world oil market will be more balanced in the second half of 2016 as outages in Nigeria and Canada help to speed up the erosion of a supply glut.
Jun 09, 2016 at 10:08 | Source: PTI
The commodity has almost doubled since hitting near 13-year lows at the start of the year as a global supply glut has eased thanks chiefly to a weakening dollar, signs of a pick-up in the world economy and falling production from Nigeria and Canada.
Jun 09, 2016 at 07:18 | Source: PTI
The Niger Delta Avengers, a rebel group that has attacked numerous oil facilities in Nigeria, rejected a truce offer with officials and claimed they hit a new target.
Jun 08, 2016 at 13:15 | Source: Moneycontrol.com
According to Angel Commodities ,we expect oil prices to trade higher on outages in Nigeria and larger drawdown in API stocks.
Jun 08, 2016 at 07:59 | Source: Reuters
London Brent crude for August delivery was unchanged at USD 51.44 a barrel by 0151 GMT, after settling up 89 cents on Tuesday. It earlier touched USD 51.55, the highest since October 12.
Jun 07, 2016 at 12:54 | Source: PTI
The commodity has rebounded about 90 percent from near 13-year lows touched at the start of the year as worries over a global supply glut ease and output from key producers Nigeria and Canada is dented.
Jun 01, 2016 at 17:42 | Source: CNBC
2016 maybe the "year of reckoning" for some OPEC member countries, RBC Capital Markets warned on Tuesday, ahead of the oil cartel's meeting in Vienna this week.
Messages on Nigeria »

rajiv8007

Gold Member

530 Followers

Fedders Lloyd  

of USD 18.58 Million by the state owned, Power Holding Company of Nigeria Plc (PHCN), Nigeria for the rehabilitation and reinforcement of 330/132 KV and 132/33 KV Transmission Sub-stations under the World Bank funded Nigeria Electricity and Gas Improvement Project. The contract is for the Design, Supply

9.45 PM Jul 7th 2014

nicknamecha
nged6981

Platinum Member

61 Followers

Rei Agro  

. Currently, Russia, Saudi Arabia, Indonesia and Nigeria are the biggest importers of Indian rice.On the price front, although Basmati rice enjoyed a 20 percent increase year on year in 2012 with price per ton touching $1300, prices are likely to fall slightly this year.

1.19 PM Jul 6th 2014

Wire News

Platinum Member

582 Followers

News Now  

UK-NIGERIA-VIOLENCE:Nigerian army says it has killed 53 Boko Haram fighters

10.32 AM Jul 6th 2014

pandyapp

Platinum Member

324 Followers

Sterling Inter  

Lekoil Oil and Gas Investments Limited, a wholly owned subsidiary of Lekoil Nigeria Limited, has agreed to acquire a 40 percent participating interest and economic interest in the Otakikpo marginal field from Green Energy International Limited. Otakikpo lies in a swamp location, in OML 11, offshore

11.13 AM Jul 4th 2014

pandyapp

Platinum Member

324 Followers

Sterling Inter  

The proposed acquisition is anticipated to close during the first half of 2014, to enable the companies to satisfy all closing conditions including the anticipated consent of the minister of petroleum resources in Nigeria. For 2014, the company’s budgeted capital expenditures for Oil Mining Leases

11.11 AM Jul 4th 2014

pandyapp

Platinum Member

324 Followers

Sterling Inter  

Independents stepping up role in Nigeria’s oil industry Independent oil and gas companies in Nigeria are increasingly raising their game, as international oil companies (IOCs) operating in the country continues the trend of asset divestment amid onshore risks. The Nigerian oil industry, which has

11.11 AM Jul 4th 2014

pandyapp

Platinum Member

324 Followers

Sterling Inter  

percent of the export programme compared to nine or 15 percent in February, the tracking data showed. Indian Oil Corporation has already bought up to 8 million barrels of West African crude for April loading, the majority from Nigeria, which should continue to support the market.

10.28 AM Jul 4th 2014

pandyapp

Platinum Member

324 Followers

Sterling Bio  

Banks have lent about Rs.3,750 crore to Sterling Biotech and Rs.992 crore to Sterling SEZ. About Rs.1,500 crore has been advanced to Sterling Oil for its operations in Nigeria..So total Loan amount is Rs 6,242 Crores, Out of that Sandesara Group has so far paid 2,675 Crores for Sterling Biotech

5.30 PM Jul 2nd 2014

Firstpost

Platinum Member

1154 Followers

Reliance  

Source:FirstPost - MAIDUGURI Nigeria (Reuters) - A bomb in a van carrying charcoal exploded in a busy market in northeast Nigeria on Tuesday, killing at least 20 people in the latest suspected attack by Islamist militants, witnesses said.The blast from the vehicle bomb wrecked cars and taxis

12.45 PM Jul 2nd 2014

Firstpost

Platinum Member

1154 Followers

Network  

Source:FirstPost - MAIDUGURI Nigeria (Reuters) - Nigerian troops have arrested a businessman suspected of being at the head of a Boko Haram intelligence network that helped plan the abduction of more than 200 school girls in the northeast, the military said on Tuesday.The man had helped

12.45 PM Jul 2nd 2014

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