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Tag: Anchor Borrowers Program (ABP)

2021 Economy Outlook And CBN’s Solutions

2021 Economy Outlook And CBN’s Solutions         The year 2021 is literally here. Suddenly it has become the year for a magic which was initially expected for 2020, but which disappointed due, obviously, to the public health crises of COVID-19 that practically pressured all economies, including...

CBN Increases Credit For Households To N300bn

CBN Increases Credit For Households To N300bn           The Central Bank of Nigeria (CBN) has increased the Targeted Credit Facility (TCF) to N300 billion. The facility, which is meant for households and small and medium enterprises affected by the COVID-19 pandemic, was N150 billion. The expansion of the...

Fed Govt, CBN Point To Results In Economy Recovery Plan

Fed Govt, CBN Point To Results In Economy Recovery Plan         At the backdrop of the slide into the second recession in five years, fiscal and monetary authorities are indicating that efforts are on all fronts to ensure early exit from the recession. While the Federal Government...