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Oil and gas industry is large capital intensive that requires enormous resources for its finance, management and operation. The inability of local banks inNigeria and south of Sahara to finance massive oil and gas projects are not news anymore. The capitalization of banks in Africa is quite low to engage in large capital financing of oil and gas. But … [Read more...] about Africa: Local financing of oil and gas industry

The government and people of Federal Republic of Nigeria have lost a great leader, a man of peace and a champion of peace, the late President Umaru Yar’adua. During his brief but committed presidency he set an agenda of reform and renewal for Nigeria. But illness could not allow him to implement and actively participate in carrying out his planned policy. President … [Read more...] about Afripol stands with Nigeria: As we mourn the passing of President Umaru Yar’adua