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Afreximbank announces an initial disbursement of US$2.25 billion under a syndicated US$3.3 billion Crude Oil Prepayment Facility sponsored by the Nigerian National Petroleum Company Limited

This landmark financing is the largest syndicated loan ever raised by Nigeria in the International market and one of the largest syndicated debts raised in Africa in recent years;The Facility will. ....

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Afreximbank, UBA disburse NNPCL over $2bn oil-for-cash loan

The African Export-Import Bank and the United Bank for Africa have disbursed $2.25bn of the $3.3bn oil-for-cash loan facility. ....

Mele Kolo Kyari , Benedict Oramah , Onshore Account Bank , Nigerian National Petroleum Company , United Bank , African Export Import Bank , Local Arranger , Afreximbank President , Professor Benedict Oramah , Chief Executive Officer ,

Crude prepayment Loan: Afreximbank announces initial disbursement to Nigeria

The loan is also expected help Nigerian authorities meet forex demand and improve the value of the Nigerian currency. ....

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NNPCL receives over $2 billion oil-for-cash loan from Afreximbank and UBA

The African Export-Import Bank and United Bank for Africa have released $2.25 billion from the $3.3 billion oil-for-cash loan facility arranged by the Nigerian National Petroleum Company Limited. | Pulse Nigeria ....

Mele Kolo Kyari , Benedict Oramah , Afrexim Bank , Afreximbank President , Chief Executive Officer ,

Afreximbank

This landmark financing is the largest syndicated loan ever raised by Nigeria in the International market and one of the largest syndicated debts raised in Africa in recent years ....

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