Nigerian National Petroleum Corporation (NNPC)

Nigerian National Petroleum Corporation (NNPC) - Afreximbank Direct Loan

Industry
Oil & gas/Oil - Upstream (Exploration and production)
Area of finance
Export & Agency Finance
Region
Africa
Africa
Countries
Nigeria

Deal Overview

The Nigerian National Petroleum Company Limited (NNPCL) has secured a $3 billion emergency loan from the Afreximbank to ease pressure on the Nigerian currency. This transaction will provide some immediate disbursement that will help NNPCL support the federal government in its ongoing fiscal and...

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Deal Volume
$3bn
Financial Close
16/08/2023
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Tranches

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