NNPC Settles $3bn Loan Using N991bn Worth of Crude – Report

Theinfostride | 07-12-2025 03:17am |

The Nigerian National Petroleum Company Limited (NNPC Ltd) has reportedly used crude oil valued at about N991 billion to service part of the $3 billion emergency loan it secured last year to stabilise the foreign exchange market and support its operational obligations. The latest findings, sourced from internal industry assessments and disclosures by officials familiar

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