Afren, the Africa-focused oil company, says full-year profits nearly tripled in 2011, and a 'significant' discovery has been made at its Okoro site, offshore Nigeria.
Profits before tax came in at $221m, 180% up on the previous year's figure of $79m. Turnover came in at $597m, up from the $319m of the prior year.
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Do you still have to file a tax return if you don’t owe any tax?Even if you do not owe the taxman any money, failure to complete and submit your tax return could result in a penalty costing you up to £1,600.
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Millions of homeowners to see mortgage payments riseMortgage holders with deals expiring soon can expect to pay more, according to Bank of England calculations, though the increase is less than previously forecast
