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Afrexim Bank disburses another $925 million under NNPC $3.3 billion loan

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Afrexim bank has disbursed another $925 million under the NNPC’s $3.3 billion loan.

This is part of a syndicated $3.3 billion crude oil-backed prepayment facility organized by the Nigerian National Petroleum Company Limited.

This recent disbursement brings the total current funded facility size to $3.175 billion.

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