CBN Disburses 92.4% Of N400bn Targeted Credit Facility     The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the bank has disbursed N370bn out of the N400bn provided under its Targeted Credit Facility. Emefiele said this on Tuesday during the 2021 annual Bankers’ Committee...

COVID-19 Loans: CBN Receives Over 8million Applications, Disburses N400bn       The Central Bank of Nigeria has disclosed that it has received over eight million applications from Nigerians for its COVID-19 Targeted Credit Facility to help households and businesses. CBN’s Director, Corporate Communications Department, Mr Osita Nwanisiobi, disclosed...

FG Spends N400bn Yearly On Social Investments – SGF       The Federal Government is spending over N400bn annually on social investment programmes in its bid to lift millions of Nigerians out of poverty, the Secretary to the Government of the Federation, Boss Mustapha, has said. He disclosed...

Nigeria Losing Over N400bn Yealy From Fish Imports — Reps         Deputy Chairman, House of Representatives Committee on Agricultural Institutions, Rep. Awaji Inombek-Abiante(PDP-Rivers), has bemoaned the failure of the Nigerian government to reap over $1billion annually from the Fisheries Industry. Besides, he pledged his Committee’s commitment to...

Oil & Gas Firms Raise N400bn From Capital Market - Onyema         Companies in the oil and gas sector have raised over N400 billion across several asset classes using the Nigerian Stock Exchange (NSE) platform in recent years, the chief executive officer (CEO) of the Exchange...

DisCos Ask FG To Provide N400bn For Metering     The power distribution companies in the country have called on the Federal Government to provide N400bn through commercial banks towards bridging the huge metering gap in the Nigerian electricity supply industry. The Discos said the implementation of the...