Nigerian state energy firm, the Nigerian National Petroleum Company (NNPC) has inked a strategic deal with Cairo-based Afreximbank to secure a $3 billion emergency loan to help stabilize the Naira. According to local media outlet Nigerian Tribune, this move follows the free fall of the Naira against the dollar.  Naira Devaluation Triggers Fuel Price Surge

The post Nigerian NNPC Makes One More Ploy to Boost the Naira appeared first on CoinGape.

Nigerian state energy firm, the Nigerian National Petroleum Company (NNPC) has inked a strategic deal with Cairo-based Afreximbank to secure a $3 billion emergency loan to help stabilize the Naira. According to local media outlet Nigerian Tribune, this move follows the free fall of the Naira against the dollar.  Naira Devaluation Triggers Fuel Price Surge

The post Nigerian NNPC Makes One More Ploy to Boost the Naira appeared first on CoinGape.