NEWS and REPORTS => Nigerian News => Topic started by: MrVan on Jan 09, 2013, 12:30 PM
Title: NNPC borrows from 10 banks to clear $3.5bn foreign debts
Post by: MrVan on Jan 09, 2013, 12:30 PM
THE Nigerian National Petroleum Corporation, NNPC, is borrowing from at least 10 banks and using revenue from oil production to help clear a long-overdue $3.5 billion debt owed to foreign fuel traders.