The Central Bank of Nigeria (CBN) has announced the reversal of the interest rate on all its intervention loans to 9 per cent from 5 per cent. In the wake of the COVID-19 pandemic in 2020, the apex bank slashed the interest rate on its facilities offered to manufacturers to …
Read More »CBN Introduces 37 Interventions to Boost Economy, Reiterates Commitment to Building People-Centric Bank
The Central Bank of Nigeria (CBN) currently has about 37 interventions programmes to boost the economy, the bank has said. The acting Director, Corporate Communications Department, CBN, Mr Osita Nwanisobi, said this during the CBN two-day fair which commenced in Lagos and Abeokuata, Ogun State on Thursday. The fair is …
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