NNPCL

LCCI calls for institutional re-organisation in NNPCL, CBN

…Kicks against the recognition of BDCs as unofficial markets The Lagos Chamber of Commerce and Industry (LCCI) has called for an institutional reorganisation of the Nigerian National Petroleum Company Limited (NNPCL) and the Central Bank of Nigeria (CBN). This stated at…

Reactions trail NNPCL $3bn loan facility

…Loan aimed at strengthening naira, reducing fuel costs – NNPCL …Dubious tactic to make naira appreciate in parallel market – Atiku’s aide …De-institutionalize parallel market to stabilize Fx – NECA to FG Reactions have trailed the $3billion loan facility obtained…