News
10 November 2015

Nigerian oil group Oando repays Afreximbank loan

Region:
Middle East & Africa

Nigerian oil firm Oando Energy Resources has repaid its $100 million loan facility with the African Export-Import Bank (Afreximbank). The facility was utilised in financing the $1.5 billion purchase of the ConocoPhillips Nigerian oil and gas business in 2014.

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