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Discordant tunes over NNPC Ltd s $3 3bn Afreximbank facility

Discordant tunes over NNPC Ltd’s $3.3bn Afreximbank facility

Benedict okey oramahAbubakar atikuBola tinubuOlufemi soneyeBoniface chizeaJoe femi dagunroCorporate communicationsOnshore account bankGazelle fundingLtd project gazelleAfri exim bankNigerian german business groupUnited bankAfrica plcBoard of afrexim bankSahara energy resources

Atiku Got It Wrong on NNPCL s $3 3bn Crude Oil Prepayment Deal

Atiku Got It Wrong on NNPCL s $3 3bn Crude Oil Prepayment Deal
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Abuja federal capital territorySouth sudanUnited statesBola tinubuIfeanyi onubaMele kyariAtiku abubakarSahara energy resourcesNational assemblyAfrica plcJp morganOnshore account bankJp morgan chase coGunvor internationalUnited bankNigerian national petroleum company

Afreximbank, UBA partner in big ticket deal

Afreximbank, UBA partner in big ticket deal
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United arab emiratesUnited bankSouth sudanNew yorkUnited statesCity ofUnited kingdomFrance generalFederal republic of nigeriaOliver alawubaBenedict oramahMele kolo kyariAfrica plcOnshore account bankGunvor internationalNigerian national petroleum company limited

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.

South sudanAl qahirahUnited bankFederal republic of nigeriaMele kolo kyariBenedict oramahOliver alawubaSahara energy resourcesAfrican unionNigerian national petroleum company limitedAdjustment fundFund for export development africaGunvor internationalJapan credit rating agencyBank afreximbankOnshore account bank

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 kyariBenedict oramahOnshore account bankNigerian national petroleum companyUnited bankAfrican export import bankLocal arrangerAfreximbank presidentProfessor benedict oramahChief executive officer