oil-backed financing
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Nigeria Nigeria's Fuel Dilemma Deepens as NNPCL Moves for $2bn Oil-Backed Loan
NNPCL seeks a $2 billion oil-backed loan amid Nigeria's fuel crisis. CEO Mele Kyari claims it's for normal business, not desperation. This follows a $3.3 billion loan in 2023. The move raises concerns as fuel shortages spread nationwide, impacting daily life. Dangote Refinery faces crude supply...- Nigeria News
- Article
- 2 min read
- nigeria fuel crisis nigerias debt nnpc nnpcl loan oil-backed financing
- Category: Business
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