Tag Archives: NNPC

Kampala, Uganda | THE INDEPENDENT | Africa’s multi-lateral lender, United Bank for Africa Plc, has acted as Facility Agent Bank for the Nigerian Commercial Banks in a consortium with other international banks in a $1.5 Billion Pre-Export Finance Facility for the Nigerian National Petroleum Corporation (NNPC) and its upstream subsidiary, …

Lagos, Nigeria | AFP | A leading contender in Nigeria’s presidential election next month has pledged to privatise the country’s oil industry, but that’s a promise that might prove hard to keep, some observers say. Atiku Abubakar, the main opposition party contender, has vowed to break up the Nigerian National Petroleum …