Nigeria: Afreximbank backs E&P and oil trading deals with $1.75bn financing commitment

Issue 450 - 25 Nov 2021

African Export-Import Bank (Afreximbank) has extended almost $1.8bn of financing support to the Nigerian oil and gas industry in deals with Nigerian National Petroleum Corporation (NNPC) and local independent Eroton E&P in a sign that some export credit agencies are still ready to support hydrocarbons despite the post-COP26 pushback against the sector 

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