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Tag "Oil-for-cash loan"

Oil-for-cash loan: Nigeria to recieve $1bn from Afreximbank in May

    Oil-for-cash loan: Nigeria to recieve $1bn from Afreximbank in May

The federal government is expected to receive $1.05 billion from a syndicated loan backed by oil by the end of May to help revive the economy and improve the foreign-exchange

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‘Interest rate might drop’ — Oramah addresses NNPC’s oil-for-cash loan agreement

    ‘Interest rate might drop’ — Oramah addresses NNPC’s oil-for-cash loan agreement

Benedict Oramah, president of African Export-Import Bank (Afreximbank), has addressed the oil-for-cash loan agreement with the Nigerian National Petroleum Company (NNPC) Limited. In an interview with Arise News posted on

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