The process of selling Mainstreet Bank and Enterprise Bank, two of the three nationalised banks owned by the Federal Government, will be completed on or before September 15 this year, the Chief Executive Officer, Asset Management Corporation of Nigeria, Mr. Mustafa Chike-Obi, disclosed in an exclusive interview with our correspondent […]
Author: InvestAdvocate
NNPC,Transcorp Oil Block Deal Excite Shareholders
The President of the Association for Advancement of the Rights of Nigerian Shareholders (AARNS), Dr.Faruk Umar, has said the production sharing contract (PSC) deal Transnational Corporation of Nigeria (Transcorp) signed with the Nigerian National Petroleum Corporation (NNPC) for the oil block OPL281 will boost the future performance of Transcorp. Transcorp […]
Seplat seal deal to supply gas to power plant
Nigerian oil producer Seplat Petroleum has signed an agreement to supply 16,000 Mcf/d of natural gas to Azura-Edo power plant, the company said, as more oil companies seek to cash in on the nation’s power sector privatisation last year. Seplat said in a statement recently that the 15-year gas supply […]
