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NNPCL hopes to tackle forex crisis with bn loan

NNPCL hopes to tackle forex crisis with $3bn loan

Yusuf Issa An-Nuphawi1 year ago06 mins

The Nigerian National Petroleum Company Limited, NNPCL, said it will help ease the forex crisis with a $3 billion emergency crude oil repayment loan from the African Export-Import Bank. It said the loan would be used by the oil company to support the Federal Government in stabilising Nigeria’s exchange rate. It was also gathered that…

Afreximbank announces 0,000 funding support for Nigeria’s inland waterway

Afreximbank announces $350,000 funding support for Nigeria’s inland waterway

Yusuf Issa An-Nuphawi2 years ago2 years ago07 mins

The African Export-Import Bank (Afreximbank) in partnership has offered $350,000 to the Federal Government towards developing water transportation of goods and facilitation of intral-African trade. In a statement on Monday, Afreximbank explained: “The Charting project was made possible by the grant from Afreximbank in recognition of the importance of inland waterways transportation and by extension,…

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African Export-Import Bank

NNPCL hopes to tackle forex crisis with $3bn loan

Afreximbank announces $350,000 funding support for Nigeria’s inland waterway