COVID-19: CBN Disburses N253bn To 470 Households, 77, 000 SMEs
The Acting Director Corporate communications Department of the Central Bank of Nigeria (CBN), Mr. Osita Nwanisobi, has said that the bank disbursed N253 billion to 548,345 beneficiaries as part of its responses to the COVID-19...
Households, Businesses Can Apply For N50bn COVID-19 Loans – CBN
The Central Bank of Nigeria has said that households and businesses affected by the COVID-19 can now apply for loans under its N50bn Targeted Credit Facility.
It said the stimulus package was to support households...
Poultry Sector Gets Boost with N12.5bn CBN Largess
The Central Bank of Nigeria (CBN) has released the sum of N12.552 billion to large, medium and small-scale poultry farmers in the country as part of its strategy to boost egg and meat production as well as...
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...
Agric Sector Records $12bn Post-harvest Losses Yearly – Fed Govt
The post-harvest losses recorded in Nigeria’s agriculture sector annually is currently about $12bn, the Federal Government said on Thursday.
It disclosed this in Abuja through its Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, during the...
Bol, AfDB, IFAD Approve $2bn For Nigeria’s Agric Project
The Bank of Industry (BoI), African Development Bank (AfDB) and International Fund for Agricultural Development (IFAD) have okayed $2 billion loan to reduce poverty, end hunger and increase resilience to climate change in rural communities around...
