Why we borrowed the loan from Afrexim Bank – Kyari The Naira on Wednesday got some relief as the Nigerian National Petroleum Company Limited (NNPCL) signed a commitment letter and term sheet with the Afrexim Bank for an emergency $3bn crude oil repayment loan. Platforms Africa reports quoting a very brief statement from the NNPCL, which confirmed that the signing was conducted in the bank’s headquarters in Cairo, Egypt. READ ALSO: Kenya Reinstates Fuel Subsidy After Months of Violent Protests 5 MDs In 10 Years: Abuja DisCo Gets New…
Read MoreBREAKING: NNPC Borrows $3bn Emergency Loan
