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Pakistan to strike LNG deal with Nigeria, Algeria

The Pakistan government is set to ink a Liquefied Natural Gas, (LNG) deal with Nigeria and Algeria According to our correspondent, the deal is a multi-billion dollar one with state company, the Nigerian National Petroleum Corporation, NNPC. Pakistan currently imports 4.5 million tons of LNG per annum and the volume …

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Supply Of Gas To Power Plants Increases By 64 per cent

The power plants in the nation has gotten nan increase of gas supply by 64 per cent. The Nigerian National Petroleum Corporation (NNPC) Financial and Operations Report for May 2017 released Thursday in Abuja has said. It was gathered that the average gas supplied to power plants as of May …

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Dollar loans to resume in banks as naira appreciates

Indications have emerged that Deposit Money Banks will soon start to raise dollar loans, especially Eurobonds, as the naira continues to appreciate. It was learnt that banks were now favourably disposed to raising dollar loans following the creation of the Investor & Exporters FX window by the Central Bank of …

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