Tag: Petroleum Industry
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Unstable Fiscal Regime Stifling Nigerian Petroleum Industry – Kyari
The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari, has said that the absence of a stable fiscal environment is inhibiting the growth of the Nigerian petroleum industry, especially the upstream sector. Mallam Kyari, who stated this while playing host to members of the House of Representatives Committee on Petroleum…
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UBA provides $200m for Nigeria’s Petroleum Industry – Timely Financing for Post COVID Economic Growth
The United Bank for Africa Plc (UBA), the leading pan-African financial services group, has acted as an Initial Mandated Lead Arranger with a consortium of Nigerian commercial and international banks in a $1.5 Billion Pre-Export Finance Facility for Eagle Export Funding Limited, to enable the forward sale of crude by the Nigerian National Petroleum Corporation…
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UBA provides $200m for Nigeria’s Petroleum Industry
…Timely Financing for Post COVID Economic Growth …Acts as Lead Arranger for $1.5 Billion Facility to Boost Nigerian Oil Production and Government Revenue The United Bank for Africa Plc (UBA), the leading pan-African financial services group, has acted as an Initial Mandated Lead Arranger with a consortium of Nigerian commercial and international banks in a…
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Nigeria petroleum industry in dire need of strategic reforms, says policy expert
The Program Coordinator of the Nigeria Natural Resource Charter, Tengi George-Ikoli has said the nation’s petroleum industry is in dire need of strategic reforms. TheNewsGuru.com (TNG) reports the NNRC Program Coordinator stated this on Saturday during a media conference hosted on Instagram Live by Dayo Ibitoye, a public policy expert. During the conference that was…