Nigeria, India likely to sign $15 bn oil deal
Nigeria is likely to sign a cash-raising oil deal with India for $15 billion by the end of 2016, the country's Oil Minister Emmanuel Ibe Kachikwu said during his visit to India. Further, the African country expects its oil production rate to jump by 22% by the year-end to 2.2 million barrels per day (bpd) from current levels, he added.