Nigeria's leading finance and market intelligence news report.

How CBN’s targeted financing is reviving Nigeria’s ailing power sector

The Central Bank of Nigeria (CBN) is restoring life to Nigeria’s beleaguered power sector via targeted intervention funding to the tune of N501 billion, and leading sector players now say the programme is beginning to bear tangible fruits. Total monthly collection by the distribution companies (DisCos) has risen to N65 billion at the last count….

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