CSR-in-Action partners NEITI, NNPC, others to host SITEI 2017

Friday, 23 June 2017 – CSR-in-Action and the Nigerian Extractive Industries Transparency Initiative (NEITI), in partnership with the Federal Ministry of Petroleum Resources (MPR), Ministry of Mines and Steel Development (MMSD), Nigerian National Petroleum Corporation (NNPC), and Miners Association of Nigeria (MAN), Petroleum Technology Association of Nigeria (PETAN) and other stakeholders have announced the 6th…

SEC Commends DMO, CBN and PENCOM on Sukuk

The Securities and Exchange Commission (SEC) has commended the Debt Management Office (DMO) onarrangements to issue the maiden N100.0 Billion Sukuk in the Nigerian Capital Market. In a statement by the SEC “This is a major milestone for Nigeria as it will catalyze the development of non-interest capital market products.  The issuance of this Sukukfollows diligent advocacy efforts from the Securities…

Indonesia to Build Refinery in Nigeria

The Federal Government’s plan to attract investment in modular refineries as part of efforts to boost local refining capacity has started gaining momentum with an Indonesian firm, PT Intim Perkasa Nigeria Ltd, a subsidiary of PT Intim Perkasa, Indonesia, indicating interest to build a refinery in Nigeria. Mr. Adi Hartadi, the Head of Investor Relations…