Oil traders, service companies, crowd out local banks

Oil traders, service companies, crowd out local banks in upstream debt transactions

Uncertain outlook clouds Nigeria’s first floating LNG project

Floating LNG is expected to be a game-changer, boosting the efficiency of gas production by adding the processing to the place of extraction

The investment space for Nigerian banks in the upstream sector is expanding to include international banks, service companies and trading houses of international oil companies who are now providing debt transactions and contractor financing into the Nigerian oil and gas sector as funding appetite of

```

Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```