#NigeriaEnergy

Fidelity Bank Joins Shell’s $3bn Contractor Finance Facility

Fidelity Bank Joins Shell’s $3bn Contractor Finance Facility

Fidelity Bank Joins Shell's $3bn Contractor Finance Facility Nigeria's indigenous oil and gas contractors have received a significant financial boost as Fidelity Bank Plc joins forces with Shell Nigeria Exploration and Production Company Limited (SNEPCo) and nine leading banks to launch a $3 billion Contractor Finance Facility. The initiative is expected to improve access to funding, strengthen local content development and accelerate critical energy projects across the country. Nigeria's oil and gas industry has received a major financing boost as Fidelity Bank Plc partners Shell Nigeria Exploration and Production Company Limited (SNEPCo) and nine leading financial institutions to launch a…
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Abia Host Communities Inaugurated as HOSCON Vows Peace, Youth Empowerment, Oil Sector Growth

Abia Host Communities Inaugurated as HOSCON Vows Peace, Youth Empowerment, Oil Sector Growth

Abia Host Communities Inaugurated as HOSCON Pledges Peace, Youth Empowerment and Oil Sector Development "For the first time in more than two decades, Abia State's oil-producing communities have a duly elected and constitutionally recognized leadership, raising fresh hopes for peace, youth empowerment, economic opportunities and sustainable development across host communities." " The Host Communities of Nigeria Producing Oil and Gas (HOSCON) has inaugurated its first constitutionally recognized executive council in Abia State. National Chairman Prince Dr. Mike Emu said the new leadership will promote peace, support oil and gas development, facilitate implementation of the Petroleum Industry Act's 3% Host Community…
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