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DMO sells N215bn bonds in Q1

DMO

Nigeria has raised N214.95 billion in local currency bonds at its first auction within the first quarter of 2017, with the debts sold at yields below galloping inflation. The Debt Management Office (DMO) said on Thursday that though yields were ...

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Oil workers reject planned sale of refineries

Refinery

As the management of the Nigerian National Petroleum Corporation (NNPC) plans to rehabilitate refineries to optimise capacity utilisation in the year, oil workers in the country have warned the Federal Government against the sale of national refineries as scraps. The ...

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Dangote Refinery partners PTI on human capital devt

Dangote Refinery

Dangote Refinery and Petrochemicals is partnering the Petroleum Training Institute, PTI, Efunrun, Warri, Delta State, in human capital development and professional certification given the group’s foray into oil and gas business. Dangote Group Executive Director, Stakeholder Management and Corporate Communication, ...

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CBN begins sale of forex to BDCs

CBN

The Central Bank of Nigeria started auctioning $250m to 3147 registered Bureau De Change (BDCs) nationwide on Wednesday. The President, Association of Bureau De Change Operators of Nigeria, Alhaji Aminu Gwadabe, on Wednesday said the sale of the foreign currency to ...

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