Tag Archives: Loan

JUST IN: NNPC Secures $3bn Emergency Loan To Stabilise Naira

Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion crude repayment loan to stabilise naira. The funding NNPC Limited secured from the AFRIEXIM bank headquarters in Cairo, will support the naira and stabilise the foreign exchange market. NNPC

Heritage Bank’s N2bn Loan Boost Triton’s Frozen Foods Export to Europe, Africa Countries

Barely two years Heritage Bank and the Central Bank of Nigeria (CBN) disbursed a loan for building a N2illion processing facility for Triton fish/chicken in Oyo state, the firm has commenced export of all kinds of frozen foods to some

How Union Bank Takes Over Sani Dangote’s Company Over Unpaid N4b Loan

Sani Dangote, the younger brother of the world’s richest black person, Aliko Dangote, appears to have run into a major business crisis as Union Bank has taken steps to seize his Dansa Foods Limited. The latest development follows the inability