The Central Bank of Nigeria (CBN) has assured manufacturers residing in Nigeria of an imminent loans facility that will gulp less than 10% in interest rate. This is in a…
Continue readingThe Central Bank of Nigeria (CBN) has revealed that private businesses operating in the country can access up to N5 billion under its recently launched Policy on Production and Productivity…
Continue readingThe Central Bank of Nigeria (CBN) has today unveiled a revised Anchor Borrowers Programme (CBN) that among various measures provided for an equal sharing of credit risk and stiffer penalties…
Continue readingIt is not uncommon to see those who are yet to benefit from any existing government intervention loans or grant to doubt the veracity or existence of such programmes. Such…
Continue readingThe CBN Accelerated Agriculture Development Scheme (P-AADS) Fund is a private sector-led scheme meant for funding land clearing, provision of laboratory, irrigation, and storage facilities, as well as other support…
Continue readingThe Governor of the Central Bank of Nigeria, Godwin Emefiele has promised to only work with associations that have repaid at least 70% of their existing loans, in the development…
Continue readingIn a bid to achieve self-sufficiency in food production and save hard earned foreign exchange, the Central Bank of Nigeria has revealed that it disbursed a total of N1.49 trillion…
Continue readingThe Federal Government of Nigeria has disbursed a sum of N300, 000 each to 41,000 beneficiaries of the Nigeria Youth Investment Fund, totalling N12.5 billion. This is according to a…
Continue readingThe Central Bank of Nigeria (CBN) has effective from March 1 2020 approved the reduction of interest rates on COVID-19 loans and other CBN fund interventions from 9% to 5%….
Continue readingThe Central bank of Nigeria (CBN) has introduced the “CBN Naira 4 Dollar Scheme”, aimed at encouraging an increase in inflows of diaspora remittances into Nigeria. In a circular released…
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