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All posts tagged "midstream"
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Reps reject NNPC’s N384.9bn loss statement
House of Representatives Committee on Finance, Wednesday, rejected N384.9 billion operational loss recorded by the Nigerian National Petroleum Corporation, NNPC, between 2009 and 2011. The committee, which was probing Federal Government’s agencies’ remittances of surplus to the...
- Posted July 12, 2013
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First Bank stakes $3.3 billion on oil, gas projects
FIRST Bank of Nigeria Plc expended over $3.3 billion (N500 billion) in the financing of various oil and gas projects in Nigeria last year. This financing package represents 37.40 per cent of the bank’s portfolio. The amount,...
- Posted May 10, 2013