CBN guarantees N259.8m loans to Plateau farmers
The Central Bank of Nigeria, CBN has disclosed it had guaranteed a total of N259.823million to 1,447 benefiting farmers in Plateau State between 2015 and 2017 and urged farmers who are yet to key into the Agricultural Credit Guarantee Scheme Fund, ACGSF to do so and improve their input in the agricultural sub-sector.
CBN denies arrest of deputy governor
Central Bank of Nigeria (CBN) has denied that one of its directors had been arrested by the Economic and Financial Crimes Commission (EFCC).
CBN recovers N50bn banks’ excessive charges
Efforts to ensure Deposit Money Banks (DMBs) play by the rules are yielding significant yielding as the Central Bank of Nigeria (CBN) has recovered over N50 billion excessive charges.
CBN injects $195m into FX market
The Central Bank of Nigeria (CBN), in continuation of its efforts to sustain the foreign exchange liquidity in the country, Tuesday, intervened in the inter-bank Foreign Exchange Market to the tune of $195million
Expert supports CBN’s decision to retain monetary policy rate
An economic expert, Uche Uwaleke, has expressed support for the continued decision by the Central Bank of Nigeria to retain the country’s Monetary Policy Rate (MPR).
CBN should relax stringent measures on N220bn MSME Fund — Chairman Aguda Titun MfB
Loan repayment in Nigeria is an institutional problem. The way people come to take loan is different from when you are asking them for the repayment. We understand that economic recession has made things more difficult but our attitudes are bad towards repayment.
