The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in conjunction with the Securities and Exchange Commission (SEC) has issued licenses to JEX Market to establish and operate a Gas Clearing House and Settlement Authorisation Platform. Platforms Africa reports that this would serve as a commodity exchange platform where natural gas and its derivatives would be traded in Nigeria. The issuance of the licences is one of the game-changing outcomes of the Petroleum Industry Act, 2021 and the product of the strategic leadership acumen of President…
Read MoreJEX Market Deepens Nigeria’s Gas Utilisation, Gets NMDPRA, SEC Approvals To Establish Trading Platform
