$3bn Loan

NNPC Obtains Emergency $3bn Loan To Stabilize Exchange Rate Market

News Rangers3 years ago03 mins

LAGOS AUGST 17TH (NEWSRANGERS)-Nigeria’s state-oil firm NNPC said on Wednesday it has secured a $3 billion crude oil repayment loan from Cairo-based Afrexim Bank that will support the government’s reforms to stabilize the exchange rate market. A commitment letter and term sheet was signed on Wednesday for an emergency $3 billion crude oil repayment loan,…

Why I Urged Senate To Halt Probe Of Chinese Loan-Amaechi

News Rangers6 years ago6 years ago03 mins

LAGOS AUGUST 5TH (NEWSRANGERS)-The Minister of Transportation has again given reasons he asked the National Assembly not to probe the Chinese loans. The clause in the agreement signed by the Federal Ministry of Finance on behalf of Nigeria and Chinese Bank on September 5, 2018 has generated a lot of controversies in the country in…

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NNPC Obtains Emergency $3bn Loan To Stabilize Exchange Rate Market

Why I Urged Senate To Halt Probe Of Chinese Loan-Amaechi