Banks interest rates emerge, threatens August disbursement of $700m CVFF

Tribune OnlineBanks interest rates emerge, threatens August disbursement of $700m CVFFCHECKS by the Nigerian Tribune has revealed that different banks charges like 3.5 per cent Handing Fee, 1 per cent NIMASA Admin Fee and 1 per cent NIMASA Monitoring Fee is currently threatening to stop many indigenous ship-owners from accessing the $700 million Cabotage Vessel Financing Fund (CVFF). Disclosing this with the Nigerian Tribune, the

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