The final draft of Nigerias oil law has been approved by the countrys cabinet
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Iran turns to Africa as oil sanctions bite
Iran has signed new oil sales contracts with a number of unspecified countries, mainly in Africa, according to Irans Mehr News Agency
Nigeria signs US$4.5 billion oil refinery deal
Nigeria is set to take on a US$4.5 billion project to build six new oil refineries after a memorandum of understanding was signed between the Nigerian government and Vulcan Petroleum Resources
Nigeria ‘favours local firms’ for supply contracts
A leaked document shows that Nigeria has awarded nearly half of its US$60 billion annual supply contracts to local companies
African countries' ratings 'hinge on oil prices'
The economic outlook for many African countries remains dependent on oil prices, according to Fitch Ratings’ latest Sovereign Review and Outlook