Fidelity Bank Plc has reinforced its commitment to Nigeria’s oil and gas sector through its participation in the $3 billion Contractor Finance Facility launched by Shell Nigeria Exploration and Production Company Limited, SNEPCo, in partnership with nine leading banks. The facility, unveiled in Lagos, is designed to provide credit support to indigenous oil and gas contractors executing projects for SNEPCo. The financing arrangement will be available in both naira and United States dollars, creating a structured pathway for local contractors to access funding, improve project delivery and participate more effectively…
Read MoreFidelity Bank Deepens Support for Oil, Gas Sector with SNEPCo Contractor Finance Facility
