Anchor Borrowers' Programme

Nigerian Banks Earn N135.52 Trillion From CBN's Naira Policy, E-Payment

CBN Hands N12.65 billion To 3 Agric Projects

The Central Bank of Nigeria (CBN) has revealed that N12.65 billion was disbursed to three agricultural projects under the Anchor Borrowers’ Programme (ABP) between January and February 2023. Nigeria’s financial regulator said the

Fakoyejo Olalekan

2 years ago

Breaking: CBN Raises Interest Rate To 18.75%

Business

CBN Defends Anchor Borrowers’ Programme After IMF Criticism

The Central Bank of Nigeria (CBN) on Monday, 7 March 2023, countered the statement of the International Monetary Fund (IMF) over the Anchor Borrowers’ Programme (ABP). IMF had stated that the Anchor

Fakoyejo Olalekan

2 years ago

Business

Farmers Lament Over CBN’s Anchor Borrowers Programme, Warn Of Food Crisis

Farmers have opposed the decision of the Central Bank of Nigeria (CBN) to halt the Anchor Borrowers Programme, demanding for the intervention of President Muhammadu Buhari. The Central Bank of Nigeria had

Fakoyejo Olalekan

2 years ago

CBN Places Service Restriction On PoS Agents Across Nigeria

Business

CBN Set To Directly Deduct N700 billion From Accounts Of Indebted States, Farmers

The Director, Development Finance of the Central Bank of Nigeria (CBN), Yusuf Yila, has disclosed that the financial regulator has began to deduct from the accounts of indebted state governments and farmers, in order

Fakoyejo Olalekan

2 years ago

Agro-Economy

Rain-fed Wheat Programme Will Slash Importation By 60% -CBN

CENTRAL Bank of Nigeria has launched a strategy to cut wheat importation by 60% in Nigeria, improve production in the country in two years and save $2bn foreign exchange annually. The CBN

Kayode Shopekan

3 years ago

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CBN Hands N12.65 billion To 3 Agric Projects

CBN Defends Anchor Borrowers’ Programme After IMF Criticism

Farmers Lament Over CBN’s Anchor Borrowers Programme, Warn Of Food Crisis

CBN Set To Directly Deduct N700 billion From Accounts Of Indebted States, Farmers

Rain-fed Wheat Programme Will Slash Importation By 60% -CBN

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