Afreximbank announces initial disbursement to Nigeria
African Export-Import Bank (Afreximbank) said it has successfully arranged a syndicated $3.3 billion crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited (NNPC Ltd). The bank in a statement posted on its website said an initial disbursement of $2.25 billion has been made. NNPC Ltd and Afreximbank had in August last year … Read more