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CBN disburses N100bn MSME fund to support growth

CBN disburses N100bn MSME fund to support growth

“So far, the CBN has, through its MSME fund, disbursed over N100 billion to the MSME sector, but we still feel a lot can be done.” Omodele Adigun The Micro, Small and Medium Enterprises (MSMEs) have gulped over N100 billion from the coffers of the Central Bank of Nigeria (CBN) to support the country’s economic recovery […]
The post CBN disburses N100bn MSME fund to support growth appeared first on The Sun Nigeria. …

FG to borrow $2.8bn with Eurobond

FG to borrow $2.8bn with Eurobond

“We have a lot of headroom to borrow, but we are not rushing to borrow more because we have to consider the foreign debt service obligations that we carry now” – Zainab Ahmed Despite its excruciating debt service burden that has already drawn the red flag of the International Monetary Fund (IMF) and other multilateral […]
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Currency swap will not cover substandard good, says CBN

Currency swap will not cover substandard good, says CBN

The Central Bank of Nigeria (CBN) said the currency swap agreement recently reached with the People’s Bank of China (PBoC), will not cover the importation of substandard goods into the country. The Central Bank Governor, Mr Godwin Emefiele, represented by the bank’s acting Director, Corporate Communications, Mr Isaac Okorafor, said this yesterday in Abuja, at theRead More
The post Currency swap will not cover substandard good, says CBN appeared first on The Nation Nigeria. …

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