« previous next »
Pages: [1]   Go Down

Topic: 10 power firms get N39 Billion loan from CBN  (Read 2567 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

The story behind the headline — analyzed by 10 AI models, updated 4x daily. → drux.space/hub
« 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
2046 Views 		Last post February 03, 2015, 01:17:18 am
by olutee
0 Replies
1860 Views 		Last post March 30, 2016, 01:00:33 pm
by olutee
0 Replies
2130 Views 		Last post May 18, 2016, 01:00:15 pm
by olutee
0 Replies
1936 Views 		Last post September 15, 2016, 01:02:16 am
by olutee
0 Replies
2326 Views 		Last post November 02, 2016, 07:00:37 am
by thenation
0 Replies
1620 Views 		Last post November 02, 2016, 01:01:01 pm
by olutee
0 Replies
1542 Views 		Last post December 05, 2016, 01:02:49 am
by olutee
0 Replies
1805 Views 		Last post January 08, 2017, 07:00:35 am
by olutee
0 Replies
1590 Views 		Last post October 14, 2021, 01:06:42 am
by olutee
0 Replies
904 Views 		Last post December 30, 2022, 07:00:36 pm
by PulseNG