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Anchors Borrowers Programme Loan: FG Gives Security Agencies September 18 Ultimatum to Recover N1.1trn
The Anchor Borrowers Programme Loan Scheme introduced with the assistance of the CBN has been experiencing some difficulties in recovering funds given to beneficiaries of the program.Most people colle...
Nigeria's $500 Million Debt Repayment Amid Economic Challenges - Insights into Eurobond Redemption
Nigeria, amidst its ongoing struggle with multiple economic challenges, is set to redeem a $500 million Eurobond this month (July). The repayment of this loan, obtained five years ago at a coupon rate...
OKash Loan App Review: A Convenient Way to Access Quick Loans in Nigeria
When it comes to financial situations, the importance of having a backup or support plan just in case an emergency arises should not be understated. OKash, a loan app that was launched in 2018, aims t...
CBN Disburses N12.65bn to Anchor Borrowers Programme in First Two Months of 2023
In the first two months of 2023, the Central Bank of Nigeria (CBN) has allocated N12.65 billion to the Anchor Borrowers Programme (ABP), a primary agricultural intervention initiative, according to Go...
Anchor Borrowers: CBN Condemns the IMF’s Bad Rating
As of February 2023, farmers have returned N503bn, or 52.39 percent, under the Anchor borrowers scheme, according to data released by the Central Bank of Nigeria.On Monday, AbdulMumin Isa released a s...