80,000 Apply For CBN’s N50bn COVID-19 Intervention Fund   Three weeks after the Central Bank of Nigeria released the guidelines for the N50bn targeted credit facility, over 80,000 applications have so far been received from businesses and individuals. The Managing Director, NIRSAL Microfinance Bank, Mr Abubakar Kure,...

How To Access N50bn COVID-19 Intervention Fund – CBN     The Central Bank of Nigeria says interested stakeholders must meet its set criteria to access its N50bn intervention loans for small and medium scale enterprises. The CBN introduced the N50bn Targeted Credit Facility as a stimulus package...

COVID-19: CBN Lists Conditions To Access N50bn Intervention Fund   The Central Bank of Nigeria has listed the conditions that must be fulfilled by individuals and companies willing to access it’s N50bn intervention fund. The apex bank had last week unveiled the fund in response to the...

Fertilizer Producers Receive N35bn Intervention Funds   local producers of fertilisers have got a total of N35bn intervention funds under the Federal Government’s special Presidential fertilizer initiative. A record by the Central Bank of Nigeria indicated that N25bn was released in 2017, while N10bn was released in...

Banks Begin Issuance Of Creative Industry Intervention Fund   The Bankers Committee of the Central Bank of Nigeria on Thursday said it was set to commence the disbursement of funds under the Creative Industry Financing Initiative The decision to commence the disbursement of funds under the initiative...

TETFUND Allocates N2bn Intervention Fund To Agric Varsity     The Tertiary Education Trust Fund (TETFund) has allocated over N2 billion to Federal University of Agriculture, Abeokuta (FUNAAB). A statement by the spokesperson of the fund, Ebikwo Benn said the Executive Secretary of TETFund, Dr Abdullahi Bichi Baffa...