Oil and Gas Free Zones Authority Nigeria

Business

SENATE CELEBRATES OGFZA’S CAPACITY TO FUND RECURRENT EXPENDITURE FROM IGR

The Senate Committee on Trade and Investment has praised the leadership of the Oil and Gas Free Zones Authority (OGFZA) for the capacity to raise enough internally generated revenue to take care of its recurrent expenditure. Senator Sabo Mohammed, chairman of the committee, who was speaking at OGFZA’s 2018 budget session with the committee, told the managing director of OGFZA, ...

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OGFZA, PwC Partner to Drive FDI

The Oil and Gas Free Zones Authority (OGFZA) has signed a partnership agreement with PricewaterhouseCoopers (PwC), the global brand in management sciences, to pool resources in a strategic relationship that will see the two organisations working together to drive investments into Nigeria’s oil and gas free zones. The partnership agreement commits PwC to long-term collaboration with OGFZA’s investment subsidiary, the ...

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BREAKING: Innoson Sues GTB for 400 Billion Naira Over Character Assasination and Defamation

Press Release Chief Innocent Chukwuma, OFR, and Innoson Nig Ltd. have filed a fresh lawsuit against Guaranty Trust Bank PLC in the High Court of Federal Capital Territory, Abuja claiming a total sum of 400 billion Naira damages for injury to their reputation, moral character, credibility, office, vocation and trade. They also seek for an order of perpetual injunction restraining ...

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WHY YOU NEED AN INDEPENDENT PR MEASUREMENT AGENCY IN YOUR 2018 COMMUNICATION/PR BUDGET

Following the current economic recession in the country, businesses, whether big or small have started looking at ways of reducing their expenditure by proper planning and budgeting. A lot of companies have started strategizing and planning their Communications and PR budget ahead of 2018. One key area companies are looking at is the area of Independent PR Measurement budgeting and ...

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NIGERIA STILL A DESTINATION FOR INVESTORS – IMF

By Ofonime Iboro The International Monetary Fund said on Wednesday that Nigeria is still a destination for investors. The Senior Financial Sector Expert, Debt and Capital Market Instruments Divison, Monetary and Capital markets Department, Miriam Tamene, said this in a statement issued to Securities and Exchange Commission’s management in Abuja. Tamene said this when she led a team on a ...

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NEW FREE ZONE DEVELOPER, NOTORE TARGETS $5BN FDI, 15000 JOBS

The Oil and Gas Free Zones Authority (OGFZA) has conferred the Oil and Gas Free Zone Developer status on Notore Chemical Industries Limited, following the company’s satisfactory compliance with the requirements for a free zone developer licence. At the licence presentation ceremony in OGFZA’s office in Abuja on Monday, the managing director of OGFZA, Mr Umana Okon Umana, said government ...

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Stanbic IBTC Retains AAA National Fitch Ratings

Stanbic IBTC Bank PLC and its holding company, Stanbic IBTC Holdings PLC, have retained their AAA national ratings by Fitch Ratings, the global leader in credit ratings, reaffirming their strong fundamentals and stability, especially the ability to meet their financial commitments as they fall due. In the report issued yesterday, Monday, November 27, 2017, the two institutions recorded AAA(nga) national ...

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