Sentences with phrase «nigerian oil investment»

Not exact matches

Based in Lagos, this Nigerian investment bank raised $ 344 million in a single equity offering last year — a follow - on deal for Oando, an oil and gas company, on May 20, 2013.
NIPCO Investments Limited and Exxon Mobil Oil Corporation executed a Share Sale and Purchase Agreement detailing the terms and conditions of the acquisition,» a publication on the Nigerian Stock Exchange website read.
Even the Nigerian government had to postpone its $ 1billion Eurobond which was slated for 2016 to 2017 when a better investment environment had begun to emerge with rising oil prices, larger foreign reserves, a new economic policy document and CBN policy refinements which have significantly increased the supply of foreign currency and narrowed the gap between the various exchange rates.»
In «Nigerian Economy in 2016: Withdrawal Symptoms» (January 27, 2016), I compared Nigeria to an addict finding it difficult to wean itself of the drug of oil and warned that «in 2016 we will be forced to begin reconciling ourselves to the real exchange rate of the Naira» and «it is wise to formally and publicly end the subsidy regime and bring certainty and investments into the downstream petroleum sector.»
She then advised African governments on investment strategy before becoming corporate counsel for AIM listed Equator Exploration which was eventually taken over by Oando Plc, the largest indigenous Nigerian oil company.
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