abuja :
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- Chevron to sell two Nigerian oil blocks
By Joe Brock ABUJA (Reuters) - U.S. energy firm Chevron is selling its stake in two Nigerian shallow water oil blocks, the company said on Tuesday, the latest oil major seeking to dispose of assets in Africa's biggest oil producer. The two blocks OML 83 and OML 85 hold an estimated 200 million barrels of oil and an unknown amount of natural gas but there has been no production yet, two industry ...
June 11, 2013 - Reuters via Yahoo! News - Chevron mulls Nigerian divestment
ABUJA, Nigeria, June 10 (UPI) -- Chevron confirmed it was putting some of its shallow water oil leases in Nigeria on the auction block to restructure its current portfolio.
June 10, 2013 - UPI - Nigeria aims to reduce domestic borrowing next year
By Joe Brock ABUJA (Reuters) - Nigeria plans to reduce its domestic borrowing next year while increasing cheaper overseas debt to lower costs in Africa's second largest economy, the finance minister said on Friday. Annual domestic borrowing is set to fall to below 500 billion naira in the 2014 budget, from 577 billion this year, Okonjo-Iweala said. Nigeria's ratio of overseas debt will to around ...
June 7, 2013 - Reuters via Yahoo! News
Quotes
- Bill Richardson in International Herald Tribune
The situation is deteriorating,Richardson told Sudanese reporters waiting outside the presidential residence Wednesday. "I'm concerned about it. I believe that the rebel groups need to become signatories to the peace agreement, the Abuja... - Alex de Waal in Reuters UK
A (peace) process can be started but in the aftermath of Abuja it is essential that any agreement that is reached includes everybody. No process can be successful in the absence of JEM and SLA-Unity,de Waal said. - Omar al-Bashir in Reuters.uk
If there are any problems in Darfur, it is because of the activities of the National Redemption Front, which was formed after the Abuja agreement,Bashir said.