The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has advised the federal government to exercise restraint over the nation’s rising rate of external debt stock, expressing fears that Nigeria is fast approaching the pre-2005 Paris Club experience. According to the Debt Management Office (DMO), Nigeria’s total public debt stock, comprising external and […]
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CBN anchor borrowers' program: NIRSAL supports Abia maize farmers - Vanguard News NigeriaThe Nigeria Incentive- Based Risk Sharing System for Agricultural Lending, NIRSAL, is concluding harvest and post-harvest activities for maize in Lokpa Nta and Umunneochi Local Government Areas of Abia State under the Central Bank of Nigeria’s, CBN Anchor Borrowers’ Programme, ABP.
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$9b Dangote Refinery: CBN reiterates support for indigenous firms - The Nation NigeriaINDIGENOUS companies will get the support of the Central Bank of Nigeria (CBN) to import equipment, the apex bank has said. The bank reiterated its readiness to facilitate access to foreign exchange by manufacturers. CBN Governor Godwin Emefiele made the pledge yesterday during an inspection of facilities at the $9 billion Dangote Refinery within the …
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