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// The United Bank for Africa plc (UBA), the first Pan African financial services group, has acted as the Bank facility agent for commercial banks in Nigeria as part of a consortium with other international banks for $ 1.5 billion - an export financing facility for the Nigerian National Petroleum Corporation (NNPC) and its upstream subsidiary, the Nigerian Petroleum Development Company (NPDC) .UBA provides 200 million (equity naira) to support investment growth and needs cash.
Acting as agent bank for commercial banks in Nigeria as part of the facility of $ 1.5 billion to boost oil production and government revenues....
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