Oil Revenue To Remain Subdued As Output Plunges By 15%       Despite the recent rise in oil prices, there are strong indications that Nigeria is not likely to be out of the woods in its petroleum revenue performance and budget funding, due, mainly to the significant...

In 6 Months, Oando Grows Oil Production By 15%   Oando Plc, an indigenous energy group, has said its crude oil production increased by 15 per cent to 16,876 barrels per day in the first half of 2019. The group, while announcing its unaudited results for the...

‘Cotton Can Contribute 15% To GDP’   The President, National Cotton Association of Nigeria (NACOTAN),Mr Anibe Achimugu, has said cotton has the capacity to contribute not less than 15 per cent to Nigeria’s Gross Domestic Product(GDP) if properly harnessed. Achimugu, who made this known in an interview...

Africa’s Global Oil Exports To Grow By 15% In 2020 - Kachikwu   The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that hydrocarbon-rich African countries including Nigeria, would by 2020 see their oil production and net export to the world grow by...

15% Of Continent's $1trn Trade Comes From Africa Accounts   The African Export-Import Bank (Afrexim Bank) has said that Africa accounts for only 15 per cent of the continent’s $1trn total trade in the world per year. Speaking to journalists at the sideline of the 18th edition...

CBN Demands 15% Interest On $8.1bn MTN Refunds   The Central Bank of Nigeria has asked the court not to grant an injunction that will stop the MTN Group from transferring the disputed $8.1bn back to the country, and wants the company to pay 15 per...