Tag

INTERVENTION LOANS

Agriculture

CBN interventions: Farmers, agric firms fail to repay N380.97 billion due loans

Farmers and agricultural firms in Nigeria are grappling with a massive debt burden as they struggle to repay N380.97 billion of the Central Bank of Nigeria's intervention loans by September 30, 2023.

Sami Tunji · Mar 18, 2024 5 min

Financial Services

Nigeria’s central bank raises interest rate on Intervention Loans to 9% from 5%

The Central Bank of Nigeria has increased the interest rate for intervention loans from 5% to 9%, effective from July 2022.

Ubah Jeremiah Ifeanyi · Aug 18, 2022 2 min