NNPC seeks new oil-backed loan to boost finances

Dailytrust | 10-07-2024 07:39pm |

Nigeria’s NNPC is in talks for another oil-backed loan to boost its finances and allow investment in its business, its chief executive told Reuters, as pressure mounts on the state-backed oil company the economy depends upon. The Nigerian National Petroleum Corporation (NNPC), in which the government is the main stakeholder, aims to raise at least [...]

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.