The Nigerian National Petroluem Company Ltd has secured a $5bn corporate finance commitment from the African Export Import Bank to fund major investments in Nigeria’s Upstream sector.
The funding commitment is a fallout of the meeting between the Chairman of the Board of Directors and President of the African Export-Import Bank( Afreximbank), Benedict Oramah; and the NNPC Ltd team led by the Group Managing Director/Chief Executive Officer , Mele Kyari, in Cairo, Egypt on Wednesday.
Mr Kyari was accompanied on the trip by the Chief Financial Officer, Umar…