…external reserves and freeing up funds for infrastructure. The new facility dubbed “Project Gazelle 2”, will refinance approximately $1.5 billion outstanding ⁠under the original 2023 deal while unlocking an additional $3 billion in liquidity, the report said.It added that ‘‘the refinancing comes as Nigeria seeks to sho…

…$3.3bn Project Gazelle Pre-Export Finance Facility through a new $4.5bn facility named Project Gazelle 2. The approval came at the 159th meeting of NEC, held virtually and chaired by Vice President Kashim Shettima, following a presentation by the Minister of Finance and Coordinating Minister of the Economy, Dr Taiwo Oy…