- The Nigerian government is reportedly set to receive the $2.26 billion Afrexim support to boost the naira
- The deal was sealed on Thursday, December 28, 2023, and would be delivered before the end of the year
- The deal was reached with Nigeria National Petroleum Company Limited (NNPCL) in a crude oil swap deal and not a loan
Pascal Oparada has over a decade of experience covering Tech, Energy, Stocks, Investments, and Economy.
The Nigerian government is expected to take delivery of the long-awaited forex exchange support facility from Afrexim Bank as the country is set to loosen the pressure on the forex shortage that has plagued the economy.
