Contrary To Media Reports, NNPCL- Afrexim Bank $3bn Deal Still Intact

Contrary to media reports that the $3bn deal between the Nigerian National Petroleum Company Limited and the African Export -Import Bank has been stalled, both parties are currently progressing with the terms of the agreement, THE WHISTLER can authoritatively report.

The NNPCL had on August 16, secured the $3bn facility with Afreximbank so as to enable the Federal Government to stabilize the foreign exchange market and boost the value of the naira against the dollar.

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