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Nigeria’s oil marketers owe foreign banks $950m

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Nigeria’s oil marketers owe foreign banks $950m
Kunle Kalejaye 13 July 2016, Sweetcrude, Lagos – Nigeria’s downstream petroleum operations is currently threatened by $950 million mature foreign currency obligation debt owed by oil marketers to foreign banks. In finance, matured financial obligation is the loan due to a financial institution while maturity date refers to the final payment date of a loan or […] More »
Nigeria’s oil marketers owe foreign banks $950m Nigeria’s oil marketers owe foreign banks $950m Reviewed by Crude Oil Facilitators on 00:57 Rating: 5

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