Oil exploration: NNPC gets $1.04bn facility from Afreximbank

The African Export-Import Bank, Afreximbank, has signed a $1.04 billion dollar facility with the Nigerian National Petroleum Corporation, NNPC, to finance oil exploration. A statement issued by the bank on Wednesday, said that the agreement was concluded in Durban, South Africa, at the second Intra-Africa Trade fair (IATF2021), which began on Monday. According to the … Continue reading Oil exploration: NNPC gets $1.04bn facility from Afreximbank