Archives Tag: NIPCO

News

Nigeria Today: Top 5 News Stories, Thursday, Dec 15th, 2016

April 19, 2022

  1. Adebayo Ogunlesi has been formally unveiled by U.S. President-elect Donald Trump as a member of his Strategic and Policy Forum charged with advising the President on economic matters. 2. MMM depositors are hopeful of getting back frozen funds in January. 3. Stanbic IBTC Bank has set up its first self-service digital branch equipped with electronic banking … Continue reading Nigeria Today: Top 5 News Stories, Thursday, Dec 15th, 2016

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ECONOMY News

ExxonMobil Discovers 1 Billion Barrels of Oil in Bayelsa

April 19, 2022

American oil and gas company, ExxonMobil says it has discovered about 1 billion barrels of oil off the coast of Bayelsa State, in Nigeria’s far south. An e-mailed statement from the firm describes the find as “significant”, and suggests that it has the potential to yield recoverable resource of between 500 million and 1 billion … Continue reading ExxonMobil Discovers 1 Billion Barrels of Oil in Bayelsa

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News

Nigeria Today: Top 5 News Stories, Thursday, Oct 20, 2016

April 19, 2022

The Central bank of Nigeria discloses banks with lowest and highest lending rates, and will subsequently do so every Wednesday in selected national newspapers and on the CBN website. ExxonMobil sells 60% equity stake in Mobil Oil Nigeria to NIPCO. The International Monetary Fund, IMF, predicts that Nigeria will return as Africa’s largest economy and … Continue reading Nigeria Today: Top 5 News Stories, Thursday, Oct 20, 2016

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