Nigeria’s Neconde Energy refinances $640mn facility

PUBLISHED: Tue, 18 Jun 2019 13:54:40 GMT


A consortium of seven lenders signed an agreement to refinance Neconde Energy’s Senior Secured Medium-term loan facility agreement worth $640 million following the 20-year renewal of the Oil Mining License pf the company. Ifeanyi Ezuka, Technical Director of Neconde Energy joins CNBC Africa for more.

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