President Buhari visits Saudi, Qatar to speak on Oil Slump in Nigeria
23-02-2016 | 12:44:00
President Muhammadu Buhari is to visit the Gulf for a week-long tour, with a focus on ending the global slump in oil prices that has hammered Nigeria's crude-reliant economy, his office said on Sunday.
NNPC in Talks with IOCs, Banks to Finance New Drilling, Repay Debt
16-02-2016 | 11:53:00
The Nigerian National Petroleum Corporation (NNPC) is in talks with oil majors and banks to raise capital for new drilling and to repay up to $4 billion in debt that the state oil company has accumulated.