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The Nigeria National Petroleum Company Ltd and Afreximbank have collaboratively executed a commitment letter and term sheet for an urgent $3 billion loan to repay crude oil obligations. This event occurred on Wednesday at the bank's Cairo headquarters in Egypt, as stated by NNPCL. The disclosure...
The announcement which was made on the 16th of March, 2020 was met with outrage by Nigerians on social media, claiming the Nigerian government is just out there to make life frustrating for her citizens, even after recently increasing the price of petrol to N212 from N167.
Nigerians have had to...
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