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Topic: CBN suspends application for new intervention loans  (Read 343 times)

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CBN suspends application for new intervention loans
« on: December 13, 2023, 07:02:51 PM »
CBN suspends application for new intervention loans

The Central Bank of Nigeria has announced a suspension of applications for new loans, under its development finance intervention funds programme. The suspension represents a significant shift in its approach to development finance intervention funds, which was previously considered a cornerstone of the central bank. The apex bank also charged Deposit Money Banks with the


 
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