APA
Nigeria’s oil giant, the Nigerian National Petroleum Company Limited (NNPCL), plans to sell stakes in some of its oil and gas assets and has called for bids.
The Chief Executive of the Centre for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf, has called for phased, pragmatic and socially sensitive approach to the implementation of Nigeria’s new tax reforms.
The Central Bank of Egypt (CBE) and African Export – Import Bank (Afreximbank) yesterday signed a Memorandum of Understanding (MoU) for the establishment of a pan African Gold Bank.
A Nigerian oil firm, Heirs Energies, says that it doubled production at OML 17 by reviving previously inactive and underperforming wells, without drilling new ones, a strategy the company describes as “brownfield excellence.”
The Financial Services Industry led the activity chart on the floor of the Nigerian Exchange this week with 1.355 billion shares valued at N24.588 billion traded in 59,553 deals.