August 19, 2022/Coronation Research The latest gross monthly distribution by the Federation Account Allocation Committee (FAAC) to the three tiers of government and public agencies amounted to N802.4bn in July (from June revenue). This was an increase of 18% or N121.6bn from June’s payout and 14.7% higher than the payout […]
OPINION/EDITORIAL
Bank Loans to the Power Sector
August 19, 2022/CSL Research According to a Punch news report, which was based on a recent data from the Central Bank of Nigeria, power generation and distribution companies owed Nigerian banks N836.09bn as of June 2022. While power generation firms and independent power producers owed banks N562.19bn, power transmission and […]
Public Sector Must Play Major Role in Catalyzing Private Climate Finance
(Photo: TebNad/iStock by Getty Images) August 18, 2022/IMFBlog By Kristalina Georgieva and Tobias Adrian Sharing the risks between public and private sectors would direct a greater share of the world’s financial assets to climate projects. Climate change is one of the most critical macroeconomic and financial policy challenges that IMF […]
