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Afreximbank facilitates US$650m financing for Oando’s acquisition of Nigerian Agip Oil Company Limited’s 20% Interest in Joint Venture

Kindly leave a comment and share Chuks Udo Okonta African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has successfully arranged a senior US$500-million and a junior US$150-million reserve-based lending facility for Oando Petroleum and Natural Gas Company Limited. The facility was used to finance Oando’s acquisition of the 20 per cent participating interest […]

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NNPC shares Update on Northern Oil exploration efforts

*Pledges continued support for federal government’s ambition in frontier regions Kindly leave a comment and share Chuks Udo Okonta The Nigerian National Petroleum Company Limited (NNPC) has provided updates on its crude oil exploration activities in the Northern part of the country, reiterating its commitment to achieving the Federal Government’s […]