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DisCos Get CBN Loans To End Liquidity Crisis

DisCos Get CBN Loans To End Liquidity Crisis       The Central Bank of Nigeria is now providing loans to electricity distribution companies to cover the collection and operational expenditure shortfalls of the firms and halt the liquidity crisis in the country’s power sector. The Discos are mainly...

Power Sector: Despite N701bn Intervention Fund, Liquidity Crisis Persists

Power Sector: Despite N701bn Intervention Fund, Liquidity Crisis Persists   Despite approval by the Federal Executive Council (FEC), for a N701-billion Central Bank of Nigeria (CBN) facility to ameliorate liquidity crisis in the power sector, funding challenges remain a big issue. Unfortunately, more than a year after...