Tag
INTERVENTION FUNDS
The performance of the agricultural sector in the first quarter of the year reflects the current situation with food security across the country.
The apex bank report indicates that N289 billion of the loans are performing, N67.9 billion is substandard and N418.9 billion is doubtful.
The Central Bank of Nigeria has allocated N141.64 billion out of the over N10.3 trillion intervention funds to the health sector since inception, representing a mere 1% of the cumulative disbursements.
Pharmacists across Nigeria have urged the Federal Government to allocate pharmaceutical intervention funds to manufacturers in order to enhance local production of drugs.
The total claims Nigerian commercial banks have against the Central Bank of Nigeria rose to N21.5 trillion as of June 2022.
The Federal Government of Nigeria plans to spend N252 billion (over half a billion US dollars) on various...
“As a nation, we cannot afford to continue relying on the world for our food, education, and healthcare.” said Godwin Emefiele.
As part of its corporate social responsibility project, Dangote Cement Cameroon SA has handed over Personal Protection Equipment (PPE) kits
NIRSAL Microfinance Bank (NMFB) has warned Nigerians to stay clear from advertisements that claimed state governments or organisations partner Central Bank of Nigeria (CBN) and NMFB on the N50 billion COVID-19 Targeted Credit Facility (TCF)
The post-Covid-19 era is expected to be filled with a lot of uncertainties, CBN has warned of the need for the country to act fast.
FG has rejected calls from some experts for reduction of taxes as part of the palliatives to reduce the adverse socio-economic effect of the coronavirus.