NNPC Secures N3 Billion Afreximbank Loan for FX Stabilization

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Adebayo Stephen

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Jul 8, 2023
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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 was made through the company's official X Twitter account on the same Wednesday.
Read More: https://www.investingport.com/nnpc-secures-n3-billion-afreximbank-loan-for-fx-stabilization/
 
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