The Central Bank has Disbursed N1tn in Loans to Farmers
As published by ‘Punch NG’ the Central Bank of Nigeria, led by Governor Godwin Emefiele, has disbursed a total of N1.01tn under the Anchor Borrowers Programme, by the end of April. Figures obtained from the CBN’s reports from members of its Monetary Policy Committee said, “Between January and February 2022, the bank disbursed N29.67bn under […]
CBN Disbursed $3trn Loans to Nigerian Businesses to Cushion Impact of Covid-19
Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has revealed that the apex bank has so far distributed about $3 trillion to households, Small and Medium Scale Enterprises (SMEs), smallholder farmers, pharmaceutical companies as a buffer against the impact of the Covid-19 pandemic. He pointed out that the job of the CBN […]