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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...
South Sudan Al Qahirah United Bank Federal Republic Of Nigeria Mele Kolo Kyari Benedict Oramah

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Afreximbank Disburses $2.25bn Syndicated Crude Oil Facility Under NNPCL Sponsorship

By Tony Obiechina, Abuja Afreximbank has announced 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. The Facility will enhance Nigeriaโ€™s macroeconomic stability and long-term economic growth, while enabling access to raw materials and trade development efforts. Raising such a significant
Abuja Federal Capital Territory South Sudan Federal Republic Of Nigeria Oliver Alawuba Mele Kolo Kyari Tony Obiechina

APO Group - Africa Newsroom / Press release | 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

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
Al Qahirah United Bank South Sudan Federal Republic Of Nigeria Oliver Alawuba Mele Kolo Kyari

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