October 30, 2020/NBS The Federation Account Allocation Committee (FAAC) disbursed the sum of N682.06bn to the three tiers of government in September 2020 from the revenue generated in August 2020. The amount disbursed comprised of N531.83bn from the Statutory Account and N150.23bn from Valued Added Tax (VAT). Federal Government received a total of N272.90bn from the […]
Updates
October PMIs Near 50 Index Points, Signal Improved Economic Activities in Q3 2020
October 30, 2020/Cowry Asset Freshly released Purchasing Managers’ Index (PMI) survey report by Central Bank of Nigeria (CBN) showed that manufacturing and non-manufacturing sectors witnessed further recovery from contraction, nearing 50 index points (which indicates neutrality), as production level and business activities picked amid improved new orders. Specifically, the manufacturing […]
AfDB launches a Training of Trainers Program for Developing Project Proposals to access Green Climate Fund
Bank builds a pool of 80 climate change experts October 30, 2020/AfDB The African Development Bank (https://www.AfDB.org/) has designated representatives from 80 government institutions, civil society organizations and universities for training as experts in developing climate financing proposals. The trainees will pass on their knowledge to potential beneficiaries of the […]
