Fuel crisis lingers as NNPC seeks fresh $2bn crude-backed loan

Punchng | 10-07-2024 12:07pm |

The Nigerian National Petroleum Company Limited is in talks for another oil-backed loan to boost its finances and allow investment in its business, the Group Chief Executive Officer, NNPC, Mele Kyari, has said. Sources familiar with the situation said the oil firm aims to raise at least $2bn through the proposed new loan. In August Read More

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