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NEC approves $4.5bn refinancing of $3.3bn oil-backed loan

…including a substantial reduction in the volume of crude oil pledged to secure the loan. He explained, “The refinancing has been structured on more favourable terms than the original facility, including a reduction in the volume of pledged crude oil from 90,000 barrels of oil per day to approximately 78,750 barrels of…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 38 views
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