NEC Approves $4.5bn ‘Project Gazelle 2’ to refinance NNPC’s crude-backed loan and boost liquidity
In a major financial restructuring move aimed at boosting national reserves, the National Economic Council (NEC) has endorsed the refinancing of the $3.3 billion Project Gazelle Pre-Export Finance Facility through a new $4.5 billion arrangement designated as Project Gazelle 2. The approval