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Tag: Targeted Credit Facility (TCF)

CBN intervention: Women Get N203.31bn Credit

CBN intervention: Women Get N203.31bn Credit The Central Bank of Nigeria (CBN) has disclosed that Nigerian women have received credits from its interventions worth N203.31 billion as at January, 2022. Governor of the Central Bank, Mr. Godwin Emefiele made this disclosure while addressing participants at a...

COVID-19: CBN Disburses N253bn To 470 Households, 77, 000 SMEs

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...

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...