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CBN To Fund CNG Infrastructure With N250bn

CBN To Fund CNG Infrastructure With N250bn         The Central Bank of Nigeria (CBN) will make N250 billion available for infrastructure funding in a bid to expand gas use and cut reliance on imported fuel as government looks forward to offering free conversion to enable some...

FG’s N250bn Gas Intervention Fund Targets CNG, LPG As Alternative Fuels

FG’s N250bn Gas Intervention Fund Targets CNG, LPG As Alternative Fuels       The Federal Government has stated that its N250 billion intervention facility for the national gas expansion programme is targeted at making Compressed Natural Gas (CNG) the fuel of choice for transportation and Liquefied Petroleum...

Dangote Cement Raised N250bn In Debt Market– FMDQ

Dangote Cement Raised N250bn In Debt Market– FMDQ     Dangote Cement Plc raised a total of N250bn in debt securities in the first half of this year, FMDQ Securities Exchange Limited has said. According to a statement, the debt securities range from its recent debut N100bn Series...

Ogun Assembly Okays N250bn Bond For Abiodun

Ogun Assembly Okays N250bn Bond For Abiodun     The Ogun State House of Assembly yesterday granted the state Governor, Dapo Abiodun, approval to access a N250billion bond to stimulate the state economy and shore up the sharp decrease in Internally Generated Revenue (IGR) and funds accruing...

BoI To Disburse N250bn To MSMEs At Single Digit Interest

BoI To Disburse N250bn To MSMEs At Single Digit Interest   The Managing Director, Bank of Industry, Mr Olukayode Pitan, has said the $750m (N250bn) syndicated loan facility, which it received from the African Export-Import Bank last week, will be disbursed to Micro, Small and Medium...

FG To Develop Special Economic Zones With N250bn

FG To Develop Special Economic Zones With N250bn The federal government wednesday in Abuja unfolded plans to spend N250 billion for the development of special economic zones across the six geo-political zones of the country in pursuit of the country’s industrialisation agenda. Making this disclosure while...