International Energy Insurance has been assigned a financial strength rating of B (Fair) and an issuer credit rating of “bb+” by A.M. Best & Co. The outlook assigned to both ratings is stable.

NIGERIA insurance companies are going after multinationals’ accounts including the Nigerian National Petroleum Corporation Consolidated Insurance Policy (NNPC-CIP) for 2009 insurance year as renewal season heats up.

NIGERIA seems set to commence the supply of gas to its her sister African countries of Benin, Togo and Ghana through the West African Gas Pipeline (WAGP) which was conceived with the aim of supplying Nigerian gas to the west African sub-region when it starts operation.
This is coming even as the country also positions to join the Russian Federation which until this moment is the only supplier of gas to the whole of Europe in the business of gas supply to the continent.

OANDO Marketing Limited, one of Nigeria’s leading oil marketing retailer and a subsidiary of Nigeria’s Energy giant Oando PLC, has recorded a landmark achievement in the Oil and Gas industry as it debuts with the launch of Liquefied Petroleum Gas (LPG) dispensing pumps at its retail service stations recently.

By Evelyn Usman Remember  October 22, 2005, Bellview air crash which claimed a total of 117 passengers on board the ill fated Boeing 737-200 air craft? Remember also, that among those whose lives were sent to an unprepared grave by the crash which occurred shortly after take-off that fateful Saturday night, was the Chief Executive […]