February 4, 2022/GCR Ratings GCR Ratings (“GCR”) has withdrawn Flour Mills of Nigeria Plc’s national scale long-term and short-term Issuer ratings of A-(NG) and A2(NG) respectively without review. Concurrently, GCR has also withdrawn the long-term Issue rating accorded to each of Flour Mills of Nigeria Plc’s Series 2, and Series 3-4 (Tranches […]
Updates
United Capital Weekly Pan African Monitor Friday 4th February 2022
February 4, 2022/United Capital Research Anglophone West Africa Nigeria Following the expiration of the executive order (2012), which exempt bonds and short-term government securities from income tax for 10yrs, the Federal Inland Revenue Service (FIRS) disclosed the commencement of taxation on profits accrued from bonds and short-term government securities. The […]
TotalEnergies and CNOOC Reach Final Investment Decision on the Lake Albert Development in Uganda
Image Credit: AEC February 4, 2022/AEC The FID will be critical for both Uganda and Tanzania as they move to establish regional energy security in 2022 and beyond. TotalEnergies and project partner China National Offshore Oil Corporation (CNOOC) have announced the Final Investment Decision (FID) for the Lake Albert Development […]
