The October Purchasing Managers’ Index for the manufacturing sector stood at 49.4 index points, indicating a reversal of five consecutive months of contraction which started in May. This is according to the result of PMI survey released by the Statistics Department of Central Bank of Nigeria (CBN) on Tuesday. The News Agency of Nigeria (NAN) […]

Central Bank of Nigeria (CBN) has released its framework for the National Mass Metering Programme (NMMP). The framework was released by the Development Financing department of the apex bank through its official website on Monday. It stated that the introduction of the Service-Based Tariff (SBT) in the Nigeria Electricity Supply Industry (NESI) effective Sept. 1, […]

There are indications that the recent moves by the Federal Government to boost commercial value of the nation’s electricity industry through increased tariff may spark off inflow of fresh bank credits to the sector as the Central Bank of Nigeria, CBN, introduces framework for financing electricity meters. 

 Central Bank of Nigeria (CBN) has released its framework for National Mass Metering Programme (NMMP).

As over 320,000 farmers receive finance from 2018-2020 Woos security agencies on textile quality By Gabriel Ewepu – Abuja The Central Bank of Nigeria, CBN, Thursday, disclosed of investing over N120 billion on the cotton value chain and projected over 300, 000 metric tonnes of seed cotton by end of 2020. This was made known […]