The Central Bank of Nigeria (CBN), yesterday said it has approved the release of 50,000 metric tonnes of maize to 12 major producers, from strategic maize reserve (SMR) under the Anchor Borrowers’ Programme (ABP). This decision, according to the apex bank, is to moderate and control the prices of maize …
Read More »CBN Disburses N1.49trn to Agricultural Programmes
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele says the apex bank has disbursed N1.48 trillion to beneficiaries of its agricultural programmes. While giving a detailed progress report of the CBN’s intervention activities at the end of the two-day meeting of the monetary policy committee (MPC), he …
Read More »Banking Sector Credit Rises by N75bn to N43.67trn – CBN
The Governor Central Bank of Nigeria (CBN), Mr. Godwin Emefiele on Tuesday disclosed that banking sector credit to the economy increased by 1.75 per cent to N43.67 trillion in February 2021 from N42.92 trillion in January 2021. This, according to the apex bank revealed that the Banking sector credit to …
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