Africa Oil & Gas: Nigeria Opposition Leader Promises Partial Oil Firm Privatization

A former ally of Nigeria’s President Muhammadu Buhari has pledged to privatize parts of the country’s national oil company if he wins the presidential vote next February. Atiku Abubakar told Reuters a floating naira will serve to attract greater foreign investment in Africa’s biggest crude oil producer. Advertisements

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Africa Mining & Energy: Prospect of international loans, a mixed blessing for Angola and Nigeria

With Nigeria and Angola seeking international loans to help ease their oil pain, investors are hoping that any loans will lead to a revision of their worrisome economic policies.

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