Dangote Refinery Denies $1 Billion Loan From NNPCL

Petrol Price Dropped Dangote

Dangote Refinery PLC  has dismissed reports claiming that a $1 billion loan from the Nigerian National Petroleum Company Limited (NNPCL) was crucial in resolving its liquidity issues. EDITOR’S PICKS  Sanwo-Olu Donates N75M to Support Legionnaires and Families of Fallen Heroes Current Cement Prices: Dangote, BUA, Others This Festive Season Fatal Crash on Lagos Third Mainland … Read more

Kenya In Talks With World Bank For $1 Billion Loan

World Bank Grants $750m Loan For Nigeria’s Power Sector

Kenya is in advanced talks with the World Bank for “a fairly priced” loan of up to 100 billion shillings ($991.57 million), nearly half of its required external funding this fiscal year, a senior Treasury official said on Friday. The East African nation wants to cut debt from overseas capital markets, after a borrowing binge … Read more