Daily Archives: September 15, 2020

ECONOMY: Total Debt Stock Hits N31.01 Trillion as Nigeria Receives USD3.36 Billion Loan from IMF…

ECONOMY: August Inflation Rate Jumps to 13.22% as MPC Decides on Policy Rate in the New Week…

CWR, Cowry Weekly Financial Market Review Outlook Friday, September 11, 2020

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Farmers ask CBN to identify bank-funded poultry projects

Farmers ask CBN to identify bank-funded poultry projects

The Poultry Association of Nigeria on Monday said it was interested in knowing the identities of 166 ongoing poultry projects funded by the Central Bank of Nigeria across the country. President of PAN, Ezekiel Ibrahim, made the call on behalf ...

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CBN unveils solar intervention fund, fixes N500m maximum limit

CBN unveils solar intervention fund, fixes N500m maximum limit

The Central Bank of Nigeria has introduced a solar intervention fund that will offer obligors access to credit facility that will not exceed a maximum of N500m maximum, with the aim of providing affordable electricity to rural dwellers. The CBN ...

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NLPGA asks members to ignore PPPRA’s administrative charge on LPG

NLPGA asks members to ignore PPPRA’s administrative charge on LPG

The Nigeria LP Gas Association (NLPGA), has asked its members and operators to ignore the directive of the Petroleum Products Pricing Regulatory Agency (PPPRA), on the levy and administrative fee imposed on Liquefied Petroleum Gas (LPG) or cooking gas despite ...

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FG reopens all airports for domestic flights

FG reopens all airports for domestic flights

All airports in Nigeria are now open for domestic flight operations, the Federal Government announced on Monday. The Minister of Aviation, Hadi Sirika, who announced this in Abuja at Monday’s briefing of the Presidential Task Force on COVID-19, however, noted ...

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Oil falls to $39, Nigeria’s output rises

Oil falls to $39, Nigeria’s output rises

•OPEC cuts forecast for demand in 2020, 2021 The international oil benchmark, Brent crude, fell below the $40 per barrel mark on Monday, amid demand worries, as the Organisation of the Petroleum Exporting Countries further cut its outlook for demand ...

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INEC, police go tough, four days to Edo election

INEC, police go tough, four days to Edo election

• Electoral body redesigns ballot papers, result sheets against fraud • IGP deploys 31,000 personnel, identifies flashpoints • Abdulsalam panel arrives Edo today for a peace deal • NYSC DG seeks protection for corps members • Benin monarch tasks INEC, police ...

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US extends visa ban to Edo, Ondo polls’ offenders

US extends visa ban to Edo, Ondo polls’ offenders

The United States Government says it has imposed visa restrictions on some individuals for their actions during the November 2019 Kogi and Bayelsa State elections and in the run up to the Edo and Ondo State governorship polls on Saturday ...

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