Godwin Emefiele

Anchor Borrowers’ Programme created 2.5 million jobs – Emefiele

The Central Bank of Nigeria (CBN) said the Anchor Borrowers’ Programme (ABP) has created 2.5 million jobs across the country. The Governor of CBN, Godwin Emefiele, disclosed this at the annual bankers’ dinner over the weekend. ABP, an agricultural programme, was launched by President Muhammadu Buhari in 2015 and is aimed to create a linkage […]

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NEPC targets $30 billion forex with zero-oil scheme

The Nigerian Export Promotion Council has said that Nigeria is targeting $30 billion in foreign exchange earnings with the zero-oil scheme. The Chief Executive Officer, NEPC, Mr. Olusegun Awolowo, stated this in Lagos during the second National Committee on Export Promotion meeting. Awolowo noted that the zero-oil plan was an export revolution that involved every […]

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Osinbajo FEC Meeting

Fed Govt support states with ₦1.91 trillion – Osinbajo

The Federal Government has so far disbursed a sum of ₦1.91 trillion to various states in form of financial supports, Vice President Yemi Osinbajo has said. According to Osinbajo, who stated this Tuesday in Abeokuta, Ogun State, while declaring open the Ogun State Investors’ Forum 2018, the financial supports, which included the Anchor Borrowers Programme […]

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MAAN to engage 500,000 farmers in maize farming

Maize Association of Nigeria, MAAN, has concluded plans to engage 500,000 farmers in maize cultivation this year across the country. Its President, Mr. Bello Abubakar-Annur, who disclosed this during the new year celebration in Sokoto, said the move was spurred by success recorded in maize cultivation and the attractive price of the commodity. He said […]

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EMEFIELE

CBN plead State Governors to cut interest rate on intervention fund

Just at the weekend, the Bankers’ Committee and the Central Bank of Nigeria (CBN) bowed to the plea of some state governors to cut the interest rate charged on the CBN’s intervention fund to 5 per cent. Addressing the media on Sunday, the CBN Governor, Godwin Emefiele, said it was meant primarily for small businesses. […]

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CBN’s intervention programmes create 7 million jobs

The Central Bank of Nigeria (CBN), has scored itself high in promoting inclusive growth and sustainable development as its intervention programmes have created over seven million jobs in the country. According to its acting Director of Corporate Communications Department, Mr Isaac Okorafor, who stated this Thursday at the CBN Special Day, at the ongoing Lagos […]

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CBN hq

CBN partners Agric association to expand Anchor Borrowers’ Programme

The Central Bank of Nigeria (CBN), has formed strategic partnerships with agricultural commodity associations in the country in its effort to expand the implementation of the Anchor Borrowers’ Programme (ABP). Disclosing this in Abuja on Wednesday, the Acting Director in charge of Corporate Communications Department (CCD) at the bank, Isaac Okorafor, said the decision to […]

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Farmers under the ABP gets CBN’s ₦43.92 billion

Nigeria’s Central Bank, CBN, yesterday disclosed it has given out over ₦43.92 billion to active farmers under the Anchor Borrowers Programme, ABP. The apex bank, in addition has facilitated the refund of over ₦50 billion, representing excess bank charges to bank depositors whose complaints were brought to the attention of apex bank’s Consumer protection department. […]

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CBN hq

CBN spends ₦1.2 billion on aquaculture in Delta state

The Central Bank of Nigeria (CBN) said that over ₦1.2 billion has so far been spent on aquaculture in Delta State through its Anchor Borrowers Programme (ABP). Asaba branch comptroller of CBN, Mrs. Elizabeth Agu, dropped the hint at the official flag-off of harvest cum sales of fish of the Mega Fish Farmers Cooperative Union […]

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