In Your Interest
Image Credit: AEC February 7, 2022/AEC Week The global oil major has announced a significant oil discovery in the offshore Graff-1 well in Namibia, reaffirming the hydrocarbon potential of Namibia. The National Petroleum Corporation of Namibia (NAMCOR) – alongside partners Shell Namibia Upstream B.V. and Qatar Energy – have announced […]
February 7, 2022/United Capital Research Macro Highlights and Outlook Last week, following the conclusion of the OPEC+ meeting, Nigeria’s oil production quota was increased by 20,000bpd to 1.72mbpd from 1.7mbpd previously. However, we continue to fall short of our production targets. As disclosed by Reuters in its oil production survey […]
February 4, 2022/GCR Ratings GCR Ratings (“GCR”) has withdrawn Flour Mills of Nigeria Plc’s national scale long-term and short-term Issuer ratings of A-(NG) and A2(NG) respectively without review. Concurrently, GCR has also withdrawn the long-term Issue rating accorded to each of Flour Mills of Nigeria Plc’s Series 2, and Series 3-4 (Tranches […]