Afreximbank, UBA announce an initial disbursement of US$2.25bn under a syndicated US$3.3bn crude oil prepayment facility sponsored by NNPCL

Landmark financing is largest syndicated loan ever raised by Nigeria in the international market and one of the largest syndicated transactions in Africa in recent years. Facility will support Nigeria’s…

Read More Afreximbank, UBA announce an initial disbursement of US$2.25bn under a syndicated US$3.3bn crude oil prepayment facility sponsored by NNPCL

Russia-Ukraine crisis takes its toll on Nigeria’s crude, affects inflow into international markets, says NNPCL

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil inflows in the international oil…

Read More Russia-Ukraine crisis takes its toll on Nigeria’s crude, affects inflow into international markets, says NNPCL