« previous next »
Pages: [1]   Go Down

Topic: 10 power firms get N39 Billion loan from CBN  (Read 1839 times)

0 Members and 1 Guest are viewing this topic.

10 power firms get N39 Billion loan from CBN
« on: February 12, 2015, 01:00:42 PM »
10 power firms get N39 Billion loan from CBN

Barely two weeks after the first tranche of N18.2bn loan was disbursed to five power firms by the Central Bank of Nigeria, another set of power distribution and generation companies were on Wednesday given a loan of N39.52bn to boost their operations.

The amount, given at an interest rate of ten per cent, with a repayment period of ten years, is part of the N213bn Nigerian Electricity Market Stabilisation Facility.

The fresh disbursement of N39.53bn brings the total disbursement made under the NEMSF intervention to N57.72bn.

Source: 10 power firms get N39 Billion loan from CBN

 - NigerianEye
« Last Edit: February 12, 2015, 03:13:46 PM by flukky01 »
Logged
Pages: [1]   Go Up
« previous next »
 

Related Topics

  Subject / Started by Replies Last post
0 Replies
1197 Views 		Last post February 03, 2015, 01:17:18 AM
by olutee
0 Replies
1157 Views 		Last post March 30, 2016, 01:00:33 PM
by olutee
0 Replies
1283 Views 		Last post May 18, 2016, 01:00:15 PM
by olutee
0 Replies
1148 Views 		Last post September 15, 2016, 01:02:16 AM
by olutee
0 Replies
1148 Views 		Last post November 02, 2016, 07:00:37 AM
by thenation
0 Replies
942 Views 		Last post November 02, 2016, 01:01:01 PM
by olutee
0 Replies
848 Views 		Last post December 05, 2016, 01:02:49 AM
by olutee
0 Replies
1068 Views 		Last post January 08, 2017, 07:00:35 AM
by olutee
0 Replies
418 Views 		Last post October 14, 2021, 01:06:42 AM
by olutee
0 Replies
164 Views 		Last post December 30, 2022, 07:00:36 PM
by PulseNG