COVID-19: AfDB Okays $10bn For Public, Private Sectors   The African Development Bank The African Development Bank (AfDB) says it will provide $10 billion in 2020 to help African countries and their private sectors to respond to the COVID-19 crisis through its COVID-19 response facility (CRF). The...

COVID-19: Private Sector Donations Hit N27.16bn   Total funds raised by the Private Sector Coalition Against COVID-19 rose to N27.16bn as of the end of April 23, 2020. The Director, Corporate Communications, Central Bank of Nigeria, Isaac Okorafor, disclosed this in a statement on Tuesday. The statement revealed...

Private Sector COVID-19 Support Fund Now N25.893bn   The Private Sector Coalition Against COVID-19, a special purpose vehicle created by the Central Bank of Nigeria (CBN) to mobilise private sector funds to support the fight against the COVID-19 pandemic, has raised N25,893,699,791. The update of contributors as...

FG To Partner Private Sector On Solid Minerals Exploration The federal government has promised to deepen its diversification process through partnership with private sector to further open up the solid minerals sector. The government said it has also recognised the need to put in place...

Banks Loan To Private Sector Declined By N455bn, NBS Reports The total credit from banks to the economy recorded a decline of N455bn from N15.58tn as of the end of the third quarter of last year to N15.1tn in the fourth quarter. This is contained in...

Private Sector Funding For Refineries Hampered By Interest Rates, Others   Interest rates on pre-funding loan and commercial pricing for Direct Sale-Direct Purchase of crude between the Nigerian National Petroleum Corporation and international oil companies, among few other concerns, are issues that stalled the provision of...