Story thread · 2 reports / 2 sources

Nigeria Clears $4.5 Billion Oil-Backed Deal to Lift Reserves

financialpost.com · 7dShare

Nigeria said it approved a $4.5 billion arrangement with the state-owned energy firm that will liberate funds to bolster foreign-exchange reserves and spending on the government’s ongoing infrastructure priorities.

First report: Nigeria’s NNPC Takes $4.5 Billion Loan for Nation’s Priorities — bloomberg.com, 7d