Barton Heyman

August 1, 2017

Nigeria to save N37.75bn annually as Oando tackles petroleum discharge bottlenecks

Nigeria is expected to save about $120 million or N37.75 billion (going by the current exchange rate of N314.65 to a dollar) in demurrage annually, following […]
August 1, 2017

CBN returns N51.9bn illegal deductions to bank customers

The Central Bank of Nigeria has said that it has recovered over N51.9bn illegally deducted by commercial banks and returned it to the customers. The CBN […]
August 1, 2017

CBN sells $195m ahead of MPC decisions

Ahead of the decisions of the Monetary Policy Committee on Tuesday, the Central Bank of Nigeria on Monday boosted liquidity in various segments of the inter-bank […]
August 1, 2017

Militants destroy Trans-Niger pipeline, Nigeria loses 150,000bpd

Suspected militants on Monday vandalised the Trans-Niger pipeline in Ogoniland in the Niger Delta region, reducing the Nigerian National Petroleum Corporation’s crude oil production by 150,000 […]