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REAL SECTOR SUPPORT FACILITY
For eight years, Lydia Haruna (not real name) worked as a senior manager in the Development Finance Department of the Central Bank of Nigeria (CBN). She won awards for recovering over N16 billion from debtors who took cheap loans from the apex bank to farm crops from cassava to cocoa.
The CBN said that interest rate on its health intervention facility shall revert back to 9% p.a. (all-inclusive) as from 1st March 2021.