FG defends brand brand new $22.7 billion loans from World Bank, other people

— Ministry of Petroleum Resources, Nigeria (FMPRng) 19, 2020 november

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After agreements that are bilateral Nigeria’s President Muhammadu Buhari and President Mahamadou Issoufou, speaks have already been on-going between two nations for more than four months – through the Nigerian nationwide Petroleum Corporation and Niger Republic’s National Oil business, Societe Nigerienne De Petrole (SONIDEP), on petroleum items transport and storage space.

Niger Republic’s Soraz Refinery in Zinder, some 260km through the Nigerian border, has a set up refining ability of 20,000 barrels each day. Niger’s total requirement that is domestic about 5,000bpd, hence making an enormous surplus of approximately 15,000 bpd, mostly for export.

Corporate Press Announcements

GTBank reports revenue before Tax of 167.4 Billion

GTBank’s outcome shows enhanced performance across key monetary metrics, reaffirming the Bank’s capacity to navigate the existing challenges that are economic.

November 19, 2020

Guaranty Trust Bank plc has released its unaudited financial outcomes for the time scale finished September 30, 2020 to your Nigerian and London Stock Exchanges.

The next Quarter result shows enhanced performance across key metrics that are financial reaffirming the Bank’s capability to navigate the existing financial challenges occasioned by effect of 19 on World economies. The performance reflects its place among the foremost and most readily useful managed institutions that are financial Africa.

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