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Relief For Naira as NNPC Ltd Secures $3billion Emergency Crude Repayment Loan

The Nigeria National Petroleum Corporation Limited (NNPC Ltd.) and @afreximbank have jointly signed a commitment letter and Termsheet for an emergency $3billion crude oil repayment loan, a tweet on NNPC’s Twitter handle @nnpclimited has reported. The tweet on Wednesday further revealed that the signing took place in Cairo, Egypt. “The signing, which took place today at the bank’s headquarters in …

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