The Nigerian National Petroleum Company (NNPC) Limited has sealed a deal with the African Export-Import Bank (Afreximbank) to fund major investments in its Nigerian upstream sector. Platforms Africa reports that the $5 billion funding commitment is an offshoot of the meeting between Benedict Oramah, Chairman of the board of Directors and President of the African Export-Import Bank (Afreximbank) and the NNPC team led by Group Managing Director, Mele Kyari, in Cairo, Egypt, on Wednesday. Under the deal, the bank agreed to enter into a financial advisory and fundraising role to…
Read MoreHow, Why NNPC Secured $5 billion Afreximbank Deals
