Nigeria approves $4.5 billion refinancing of NNPC oil-backed facility | CNBC Africa
Aug 4 (Reuters) – Nigeria’s National Economic Council on Monday approved the refinancing of NNPC Limited’s $3.3 billion oil-backed pre-export finance facility through a new $4.5 billion arrangement aimed at strengthening the country’s external reserves and freeing up funds for infrastructure, the presidency said late on Monday