Nigerian National Petroleum Corporation, NNPC headquarters are seen in Abuja

NNPC, Chevron sign $1.7bn agreement to increase crude, gas production

Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the final phase of an Alternative Financing Agreement to increase crude production by about 39,000 barrels per day. The agreement, signed in London, is also expected to achieve an incremental peak production of about 283mmscfd of gas, NNPC Group Managing Director, Dr Maikanti […]

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Improved ‘Ease of Doing Business’ will increase FDI inflow – Stanbic IBTC

Stanbic IBTC Bank has said that Nigeria’s improved ‘Ease of Doing Business’ ranking will increase foreign direct investment, FDI, in the country. Head, Trade Finance and Enterprise Banking, Stanbic IBTC Bank, Babatunde Akindele, made this assertion during an interview on the sidelines of the ‘Stanbic SME Capacity Building Series’ that was held in Lagos, yesterday. […]

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