Financials and Investment News in Nigeria
| 9/22/2015 - Sirius Petroleum the investing company focused on oil and gas exploration and development opportunities is pleased to announce that it has raised a total of £1,035,000 (net of fees) through a Placing ... |
| 7/15/2015 - Oil and gas firm Seven Energy has secured a $495 million loan from a consortium of Nigerian and international lenders to help fund its spending to supply gas to the domestic market, an adviser on the ... |
| 6/29/2015 - Nigeria's state oil company earned 8.1 trillion naira ($41 billion) from 2012 until the end of May, but only paid 4.3 trillion to the federal government, the country's National Economic Council (NEC) ... |
| 3/3/2015 - Oando Plc has prepaid $238 million out of the $753 million it borrowed to part finance the acquisition of ConocoPhillips' Nigerian oil and gas business, the company said. ... |
| 2/20/2015 - Mart Resources, Inc announces that its Board of Directors has initiated a process to identify, examine and consider strategic and financial alternatives available to the Company with the ultimate view... |
| 2/12/2015 - Sirius Petroleum, the investing company focused on oil and gas exploration and development opportunities in Nigeria, updates its shareholders on progress towards completion of the £9.6 million Convert... |
| 1/6/2015 - Willbros Group, Inc. announced that it made a payment of $32.75 million to West African Gas Pipeline Company Limited (WAPCO) on December 30, 2014. The Company has now paid in full all sums due under t... |
| 12/5/2014 - Eland, an oil & gas production, development and exploration company operating in West Africa with a principal focus on Nigeria, is pleased to announce that it has satisfied all the conditions preceden... |
| 11/21/2014 - Asian spot liquefied natural gas (LNG) prices extended losses this week as demand in December and January flat-lined, which is likely to have reduced interest for two sell tenders by Australia and Nig... |
| 10/16/2014 - Sirius Petroleum, the Company focused on oil and gas development and production opportunities in Nigeria, announced previously that it has provisionally raised approximately $20,000,000 by way of a pl... |
| 9/8/2014 - CAMAC Energy Inc announced that its wholly owned subsidiary, CAMAC Petroleum Limited, has entered into a credit facility with Zenith Bank Plc for a five-year senior secured term loan providing initial... |
| 7/23/2014 - Sirius Petroleum has conditionally raised gross proceeds of up to US$20,000,000 by way of a placing and a subscription (the "Placing and Subscription"). ... |
| 6/17/2014 - The Board of Directors of the African Development Bank (AfDB) approved on 13 June 2014 a loan of USD 300 million to Dangote Industries Limited for the construction and operation of a greenfield crude ... |
| 5/21/2014 - Lekoil has conditionally raised gross proceeds of approximately US$37.7 million (approximately £22.4 million) through the placing of 33,000,000 new Ordinary Shares at a placing price of 67.75 pence pe... |
| 4/24/2014 - New investment fund, Engota, will begin working internationally within the finance industry to build a portfolio of oil exploration and production assets in the lucrative Nigerian market. ... |
| 3/26/2014 - Eland Oil & Gas PLC, an oil & gas development and exploration company operating in West Africa with an initial focus on Nigeria, is pleased to announce that it has exercised the remaining balance of o... |
| 3/11/2014 - Seplat plans to raise at least $500 million by floating shares on the London and Nigerian stock exchanges to pay down debt and fund acquisitions, it said. ... |
| 2/27/2014 - Eland Oil & Gas PLC, an oil & gas development and exploration company operating in West Africa with an initial focus on Nigeria, is pleased to announce that it has extended its US$22 million loan faci... |
| 1/28/2014 - Oando Energy Resources Inc, a company focused on oil and gas exploration and production in Nigeria , announced that it intends to complete an arms length non-brokered private placement (the "Offering"... |
| 11/7/2013 - Panoro Energy announces that Lekoil has failed to pay the balance of USD 26 million plus an additional amount of approximately USD 1 million of working capital adjustment by November 6, 2013. Panoro E... |
