Browsing Tag

debt relief

COVID-19: FG Grants 60 Per Cent Debt Relief For Broadcast Stations

Edna Wande Jul 6, 2020 0

Federal Government has announced a 60 percent debt forgiveness for broadcast stations in Nigeria as part of financial sustainability plans to cushion the effect of COVID-19 on the industry. The Minister of Information, Lai Mohammed…

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IMF Approves $3.4bn For Nigeria’s COVID-19 Fight

Edna Wande Apr 29, 2020 0

The board of the International Monetary Fund (IMF) has approved the sum of $3.4 billion to support Nigeria’s COVID-19 fight. The emergency financial assistance to Nigeria is the highest so far to any member country. The IMF said…