FBN Bank (United Kingdom) Limited, Ecobank Nigeria Limited, Union Bank of Nigeria Plc and Union Bank UK Plc have signed a $170m acquisition finance facility with Accugas Limited, a subsidiary of Seven Energy International Limited. The Managing Director and Chief Executive Officer, FBN Capital Limited, Mr. Kayode Akinkugbe, said at […]

Nigeria’s Seven Energy said on Tuesday it had secured $255 million from new backers, including Singapore state investor Temasek, to help fund its plan to build up a gas business in the West African country. Seven Energy, an indigenous Nigerian company, plans to buy gas fields and related infrastructure and […]

CALGARY, April 9, 2014 /PRNewswire/ — Oando Energy Resources Inc. (“Oando Energy Resources” or the “Company“) (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced that, further to its press release dated January 31, 2014, it has extended the availability period of the […]