Tag: Crude Oil

UBA, Afreximbank announces $2.25bn initial disbursement for crude oil prepayment facility

UBA, Afreximbank announces $2.25bn initial disbursement for crude oil prepayment facility   United Bank for Africa Plc (UBA) and the African Export-Import Bank (Afreximbank) has announced an initial disbursement of $2.25 billion under a syndicated $3.3 billion crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited (NNPCL).[Read More…]