CBN Invests N100bn In Textile Sector   About N100bn has been sunk into the entire textile value chain, the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has said. Mr Emefiele disclosed this in Abuja yesterday when the apex bank signed a Memoradum of Understanding (MoU)...

Livestock: NEC Okays N100bn, Targets 7 Northern States   The National Economic Council on Thursday approved N100bn as budget for the implementation of the National Livestock Transformation Plan (2019 to 2028). The NEC, which was presided over by Vice-President Yemi Osinbajo, gave the approval during its meeting...

N100bn Loss Shakes Equity Investors' Rising Confidence   The domestic equities market resumed the week on a negative note as the All Share Index declined by 0.74 per cent to settle at 27,547.32 basis points while the year-to-date loss worsened to –12.3 per cent. Investors lost N99.6bn...

Banks Suffer N100bn Bad Loans In Power Sector   A total of N100.42bn loans advanced by the nation’s banks to power firms have been recorded as non-performing, the latest data from the National Bureau of Statistics have shown. The power and energy sector, out of 22 sectors/business...

DMO Lists FG’s 2nd N100bn Sukuk On NSE   The Debt Management Office on Tuesday listed the Federal Government of Nigeria’s second N100bn seven-year Sukuk on the Nigerian Stock Exchange. The Sukuk, which is due to mature in 2025, was raised at a rental rate of 15.743...

DBN To Share N100bn To MSMEs   Development Bank of Nigeria (DBN) has revealed that it planned to disburse the sum of N100bn to the Micro Small and Medium Enterprises (MSME) segment this year. It also added that it disbursed over N30 billion to over 35,000 end-borrowers...