Nigerian mogul Benedict Peters eyes Guinea's iron deposits
Bravura, the oil magnate's mining branch, is establishing itself in mineral-rich Guinea, with a particular focus on its iron.
The Nigerian Benedict Peters has retained the services of David Urban, a star lobbyist in Trump's Washington, in the hope of winning the favours of the current occupant of the White House. By cosying up to Trump on his favourite terrain - the trade war against Beijing - Peters is hoping that the president will help him to regain his influence in Nigeria, though he may find himself back at square one if Biden prevails in November.
Trading house Aiteo, which had prospered under Goodluck Jonathan's tenure, has recently had to start making hefty repayments to creditors that had helped the firm buy the giant OML 29. Aiteo founder and CEO, Nigerian businessman Benedict Peters, is using
Muhammadu Buhari’s victory in Nigeria’s recent presidential election will result in the departure a strongest card in outgoing president Goodluck Jonathan’s hand: the controversial petroleum resources minister Diezani Alison-Madueke. While some traders who became oil explorers raked in riches during
Largely unnoticed in Nigeria where the media and politicians are riveted on the presidential election on Feb. 14, a unit of the Nigerian National Petroleum Corp (NNPC), Pipelines and Product Marketing Co (PPMC) renewed swap contracts in early January that