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Afreximbank, Firm Sign $2bn Deal For Nigeria’s Floating LNG

Afreximbank, Firm Sign $2bn Deal For Nigeria’s Floating LNG     UTM Offshore, a Nigerian marine and services group, and the African Export-Import Bank have signed a Memorandum of Understanding to raise $2bn for the development of Nigeria’s first floating liquefied natural gas project. A statement issued in...

Investors Pull-out Of Oil Stocks Deal, Seek Stability

Investors Pull-out Of Oil Stocks Deal, Seek Stability   The stocks of the oil and gas sector of the Nigerian Stock Exchange tumbled on Thursday as Oando Plc and Japaul Oil and Maritime Services Plc witnessed sell-offs by investors. In recent weeks, investors have been pulling their...