$4.5B Liquidity Boost: NEC Approves Project Gazelle 2 to Refinance NNPC Crude Loan
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August 3, 2026
In a major fiscal move designed to reinforce foreign exchange reserves and shore up national revenue, the National Economic Council (NEC) has approved the refinancing of the $3.3 billion Project Gazelle crude-backed loan into a massive new $4.5 billion…
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