Nigeria: NNPC Borrows U.S.$1.5 Billion to Pay Fuel Debt
Leadership (Abuja), 7 January 2013
The Nigerian National Petroleum Corporation (NNPC) has obtained a $1.5 billion equivalent to about N240 billion syndicated loan to help it pay debts to international fuel traders, a senior banking source with knowledge of the deal said yesterday.
Nigeria: NNPC Borrows U.S.$1.5 Billion to Pay Fuel Debt
Leadership (Abuja), 7 January 2013
The Nigerian National Petroleum Corporation (NNPC) has obtained a $1.5 billion equivalent to about N240 billion syndicated loan to help it pay debts to international fuel traders, a senior banking source with knowledge of the deal said yesterday.
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