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Monday, January 7, 2013

NNPC Borrows $1.5bn To Pay Fuel Debt- Report

NaijaBizCom.Com
Business Ideas & Opportunities
NNPC Borrows $1.5bn To Pay Fuel Debt- Report
Jan 8th 2013, 02:00

Business News (Petroleum) — The Nigerian National Petroleum Corporation (NNPC) has obtained a $1.5 billion syndicated loan to help it pay debts to international fuel traders, a senior banking source with knowledge of the deal told Reuters. The deal struck at the end of last year is seen as crucial to easing the burden on [...]

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