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Alwaleed invests $50m in Nigeria's FHNL
The Saudi Gazette Published in The Saudi Gazette on 01 - 01 - 2012

Prince Alwaleed Bin Talal Bin Abdulaziz Al-Saud, chairman of the Kingdom Holding Company (KHC), has announced a $50 million investment in the Nigerian-based oil and gas company, First Hydrocarbon Nigeria Limited.
Commenting on the venture, Alwaleed said: “We invest in the gas and oil sector based on a strategic investment approach.”
In his recent visit to Nigeria, Alwaleed met with Goodluck Jonathan President in the presidential palace wherein they discussed a host of social, philanthropic and economic issues. Al-Waleed also met with the prominent businessmen of the country.
KHC's investments in Nigeria are in the banking sector.

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