Nigeria received USD 2.25 bln as the first disbursement of a USD 3.3 bln syndicated loan arranged by Afreximbank. This loan, sponsored by the Nigeria National Petroleum Company Ltd., will be repaid through crude oil shipments. A second disbursement of USD 1.05 bln is expected later, with the loan attracting a 6% annual interest rate above the three-month secured overnight financing rate.