CBN loans to farmers hit N1tn amid rising default rate
The total amount disbursed under the Anchor Borrowers Programme of the Central Bank of Nigeria rose to N1.01trillionn as of the end of April. According to CBN’s reports from its Monetary Policy Committee, between January and February 2022, the Bank disbursed N29.67billion under the Programme for the procurement of inputs and cultivation of maize, rice, and wheat. It added that between April and May 2022, the Bank released the sum […]
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