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Access Bank reaffirms support for oil and gas sector

UGO AMADI

Despite challenges in energy sector, Access Bank Plc. has said that it will continue to give support and back operators in the country’s oil and gas sector with the right financial support required to efficiently grow the industry.

Chevron reinforces its commitment to socio-economic development of Nigeria

UGO AMADI

The Nigerian National Petroleum Corporation (“NNPC”) and Chevron Nigeria Limited (“CNL”) have signed a Gas Sale and Aggregation Agreement (“GSAA”) with Dangote Fertilizer Limited (“DFL”) and Gas Aggregation Company of Nigeria Limited (“GACN”) as the ‘Aggregator’.

Shiroro Power Plant receives N8.5 boost as operators issue Green Bond

Ugo Amadi

InfraCredit, a ‘AAA’ rated infrastructure credit enhancement facility backed by the Nigeria Sovereign Investment Authority, GuarantCo (a Private Infrastructure Development Group company), KfW Development Bank and Africa Finance Corporation, is pleased to announce its guarantee of North South Power Company Limited’s (“NSP”) NGN8.5billion 15-Year 15.60% Series 1 Guaranteed Fixed Rate Senior Green Infrastructure Bonds Due 2034 (the “Series 1 Green Bonds”) under a NGN50billion Debt Issuance Programme.

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