Nigerian Oil Firm Takes U.S.$1.5 Billion Loan
The Nigerian National Petroleum Corporation has obtained a U.S.$1.5 billion loan to pay off its debts to international fuel traders.
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Nigeria: NNPC Gets Presidential Nod On U.S.$1.5 Billion Loan
This Day, 9 January 2013
President Goodluck Jonathan has given his consent to the Nigerian National Petroleum Corporation (NNPC) to secure a $1.5 billion syndicated loan from Nigerian and international ... read more »
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Nigeria: U.S.$1.5 Billion Fuel Debt Loan By NNPC Illegal - NASS
Leadership, 9 January 2013
Both chambers of the National Assembly yesterday separately faulted the $1.5 billion loan reportedly secured by the Nigerian National Petroleum Corporation (NNPC) to pay off debt ... read more »
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Nigeria: FG Begins Payment of Fuel Subsidy Claims - Okonjo-Iweala
Vanguard, 8 January 2013
The Office of the Accountant-General of the Federation has begun payment of fuel subsidy claims to marketers, Finance Minister Ngozi Okonjo-Iweala said. read more »
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Nigeria: NNPC Borrows From 10 Banks to Clear U.S.$3.5 Billion Foreign Debts
Vanguard, 9 January 2013
THE Nigerian National Petroleum Corporation, NNPC, is borrowing from at least 10 banks and using revenue from oil production to help clear a long-overdue $3.5 billion debt owed to ... read more »
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Nigeria: TUC Picks Hole in NNPC's U.S.$1.5 Billion Loan
Daily Trust, 9 January 2013
The Trade Union Congress of Nigeria (TUC) has condemned the Nigerian National Petroleum Corporation (NNPC) over the $1.5billion syndicated loan it took to pay debt owed ... read more »
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Nigeria: NNPC Secures U.S.$1.5 Billion Loan to Finance Fuel Imports
This Day, 8 January 2013
The Nigerian National Petroleum Corporation (NNPC) has obtained a $1.5 billion syndicated loan to help it pay debts to international fuel traders, Reuters reported Monday, quoting ... read more »
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Nigeria: NNPC Borrows N234 Billion to Pay Fuel Debts
Vanguard, 7 January 2013
THE Nigerian National Petroleum Corporation, NNPC, has obtained a $1.5 billion (N234 billion) syndicated loan to help it pay debts to international fuel traders, a senior banking ... read more »
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Nigeria: NNPC Borrows U.S.$1.5 Billion to Pay Fuel Debt
Leadership, 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, ... read more »
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Nigeria: NNPC Rolls Out Cost-Reduction Initiatives in 2013
This Day, 8 January 2013
Apparently worried over the cost of oil and gas projects in Nigeria, which is described as the highest in the world, the Nigerian National Petroleum Corporation (NNPC) has ... read more »
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