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Discordant tunes over NNPC Ltd's $3.3bn Afreximbank facility - Vimarsana News

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

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

Analysts Laud UBA's N1trn Market Capitalisation Milestone - Vimarsana News

Analysts Laud UBA's N1trn Market Capitalisation Milestone

Financial analysts have said that for the board and management of Africa’s Global Bank, United Bank for Africa (UBA) Plc, there was no other better way of

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

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.

Afreximbank - Vimarsana News

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

Source: africa.com
Afreximbank, UBA Announce Initial Disbursement of US$2.25bn Under Crude Oil Prepayment Facility - Vimarsana News

Afreximbank, UBA Announce Initial Disbursement of US$2.25bn Under Crude Oil Prepayment Facility

January 14, (THEWILL) - African Export-Import Bank (Afreximbank) has successfully arranged a syndicated US$3.3 billion crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited (NNPCL). An initial disbursement of US$2.25 million has been made. A second tranche of US$1.05 million is expected to be disbursed subsequently. United Bank for Africa Plc (UBA)