Etisalat's Nigeria affilate has signed a $1.2 billion refinancing loan with 13 Nigerian banks, the United Arab Emirates' leading telecom operator said on Tuesday.
The medium-term facility will be used to refinance an exist
Pirates have attacked and looted a tanker off the coast of Nigeria, taking five crew members hostage, the ship's operating company said on Wednesday.
Piracy and kidnapping in the oil-producing Delta and offshore are common, an
Heritage Oil, a London-listed oil and gas exploration company, said it will sell part of a gas block and borrow money from Genel Energy to raise $450 million, easing concerns about how it will fund oilfield purchases in Nigeria.
Fifty students between the ages of 11 and 16 attended a special Etihad Airways-held football clinic, with Ivorian international and MCFC central defender, Kolo Toure and three of the club's trainers.
The airline, which is a lead sponsor of
Etihad Airways, the national carrier of the UAE, has started its six flights a week service between the airline’s Abu Dhabi home-base and the Nigerian city Lagos.
To mark the new service, and Nigeria’s love of football, the airline has ope
Nigeria-based energy firm Sahara Group has started pumping its first crude oil and plans to expand trading activities in the Middle East and Asia, the chief executive of its trading division said, as the centre of world oil demand shifts east.
A passenger plane crashed into a densely populated part of Lagos, Nigeria's commercial hub, on Sunday, killing all 147 people on board, the airline said.
President Goodluck Jonathan declared three days of