Business Hilights

Tracking Nigeria's Headline Business News Online

Production Sharing Contract (PSC)

Investors’ attracted by effectiveness of revenue-to-debt service ratio—StanChart

Chief Economist, Africa and Middle East for Standard Chartered Bank Group, Razia Khan has given insights on what draws credible foreign investors to any economy. She said the key concerns of many investors remains the apparent disproportionate relationship between Nigeria’s…

S&P Global Platts foresees drop in IOCs stakes over 2019 PSC Act

Endless negative reverberations have continued to trail the passage and assenting into law the Deep Offshore and Inland Basin Production Sharing Contract (PSC) Amendment Bill into law President Muhammadu Buhari in early November 2019. PSC is a term used in…