W. Africa Crude-Sonangol sells out, Nigerian programmes trickle out
Permalink

W. Africa Crude-Sonangol sells out, Nigerian programmes trickle out

* Fifteen of the March loading cargoes went to term buyers, including seven to Sinochem, four to Unipec, one each to IOC, CPC, Shell and Phillips66.   Continued……

Continue Reading →

Nigeria’s distributable revenue rose by 3.4 percent in December
Permalink

Nigeria’s distributable revenue rose by 3.4 percent in December

ABUJA Jan 20 (Reuters) – Nigeria’s distributable revenues to the government rose in December by 3.4 percent to 400 billion naira ($1.31 billion) as the country collected more…

Continue Reading →

corrected-Nigerian secessionists greet Trump as help against Muslim north
Permalink

corrected-Nigerian secessionists greet Trump as help against Muslim north

Shouting “Biafra for Trump”, protesters held up U.S. flags and pictures of Trump in Port Harcourt, a major port city in the southeast, while also brandishing the Biafran…

Continue Reading →

Mauritania president flies to Senegal after Gambia mediation
Permalink

Mauritania president flies to Senegal after Gambia mediation

DAKAR Jan 19 (Reuters) – Mauritanian President Mohamed Ould Abdel Aziz flew straight to Senegal to meet President Macky Sall after last ditch talks in Gambia aiming to…

Continue Reading →

COLUMN-OPEC output cuts boost appeal of light crude, but market yet to respond: Russell
Permalink

COLUMN-OPEC output cuts boost appeal of light crude, but market yet to respond: Russell

The Brent-Dubai exchange for swaps DUB-EFS-1M, which tracks the difference between Brent, global benchmark for light crude, and Dubai, main price marker for heavier oil in the Middle…

Continue Reading →

BRIEF-PZ Cussons Nigeria says late filing of Q2 2016 results
Permalink

BRIEF-PZ Cussons Nigeria says late filing of Q2 2016 results

Jan 19 (Reuters) – PZ Cussons Nigeria Plc : * Says the co will file financial results for q2 ended nov 2016 on jan 26, 2017 Source :…

Continue Reading →

Nigeria sells $1 bln to help clear backlog in biggest dollar sale since June
Permalink

Nigeria sells $1 bln to help clear backlog in biggest dollar sale since June

Traders said the central bank told banks to prioritise airlines, manufacturing firms, petroleum products importers and agriculture sectors, the sectors worst hit by the dollar shortage, in the…

Continue Reading →

Man purporting to be Boko Haram leader denies Sambisa forest defeat
Permalink

Man purporting to be Boko Haram leader denies Sambisa forest defeat

MAIDUGURI Nigeria Dec 29 (Reuters) – A man purporting to be the leader of Nigerian Islamist militant group Boko Haram, Abubakar Shekau, appeared in a video seen by…

Continue Reading →

UPDATE 2-Man purporting to be Boko Haram leader denies Sambisa forest defeat
Permalink

UPDATE 2-Man purporting to be Boko Haram leader denies Sambisa forest defeat

MAIDUGURI, Nigeria Dec 29 (Reuters) – A man purporting to be the leader of Nigerian Islamist militant group Boko Haram, Abubakar Shekau, denied the jihadist group has been…

Continue Reading →

Suicide bomber in Cameroon kills two in attack on Christmas market
Permalink

Suicide bomber in Cameroon kills two in attack on Christmas market

YAOUNDE Dec 25 (Reuters) – A suicide bomber in the northern Cameroon town of Mora killed a young student and a woman in an attack on a market…

Continue Reading →