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Anchor Borrowers’ Programme

Central bank retirees urge Godwin Emefiele to honour pension review agreement

Central Bank of Nigeria (CBN) retirees have urged CBN governor Godwin Emefiele to implement a March 9, 2017 agreement on review of their pension and medical allowance.

Godwin Emefiele: We’ll reduce dependence on imported items

The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has said that Nigeria will continue to implement policies that will reduce the importation of goods that can be produced locally.
Kola Ologbondiyan

PDP charges President Buhari to probe alleged N14 trillion graft before May 29

The People’s Democratic Party (PDP), yesterday, charged President Muhammadu Buhari to probe alleged graft of N14 trillion that reportedly occurred in his administration, before the May 29 handover date, if he has nothing to hide.

CBN: Bauchi women should apply for soft loans to establish, grow businesses

The Central Bank of Nigeria (CBN) has called on women in Bauchi state to apply and access soft loans being given out by the bank to set up business ventures and trades to ensure self sustenance.

Farmers laud President Buhari over CBN chief Godwin Emefiele’s re-appointment

The All Farmers Association of Nigeria (AFAN) says the reappointment of Mr Godwin Emefiele as the Central Bank of Nigeria (CBN) Governor by President Muhammadu Buhari, was a confirmation that the President is `agriculture friendly’.
rice importation

Idris Zuru: Over 20 million bags of rice smuggled into Nigeria daily

The high increase of smuggling of foreign rice into Nigeria’s on daily basis has been described as a serious threat to the Anchor Borrowers Programme of the Central Bank of Nigeria (CBN) and local production of rice.

Federal government to begin payment of N10.3 billion debt to Agro-dealers this week

The Federal Government will this week commence the payment of the N10.3 billion debt owed Agro-dealers in the country, Alhaji Kabiru Umar-Fara, National Chairman, Agro Dealers Association, has said.

Godwin Emefiele: Nigeria ready for business

The Central Bank of Nigeria (CBN) has assured investors and the international community that the country having gone through a successful election, was ready for investments.

Central bank chief Emefiele woos investors

The Central Bank of Nigeria (CBN) has assured investors and the international community that the country having gone through a successful election, was ready for investments.

Official: Central bank disburses N174.48 billion under anchor borrowers programme

The Central Bank of Nigeria (CBN) says it has so far cumulatively disbursed N174. 48 billion through 19 financial institutions under its Anchor Borrowers Programme since 2015.
Godwin Obaseki

Edo farmers get N5 billion investment

The Edo State Government has said it is investing N5 billion drawn from the Central Bank of Nigeria’s (CBN) Anchor Borrowers programme on development of over 10,600 hectares of land, which will guarantee farmers in the state access to funding to boost productivity.

Central bank defends position on agriculture financing, MSMEs

The Central Bank of Nigeria (CBN), says it is directly involved in financing agriculture, infrastructure and Micro Small and Medium Enterprises (MSMEs) to ensure real growth in the economy.

African labour ministers hail Nigeria’s economic plan

The Economic Recovery and Growth Plan of the Buhari administration was commended at the weekend in Addis Ababa, Ethiopia by the African Ministers of Labour, Employment and Social Affairs.

CBN: Nigeria attracted $6 billion FDI in three months

The Central Bank of Nigeria has said the country attracted $6 billion foreign investments in the first three months of the year.
NSCDC

NSCDC arrest two for allegedly defrauding farmers

The Nigeria Security and Civil Defence Corps (NSCDC) Jigawa Command, has arrested two suspected fraudsters who allegedly defrauded unsuspecting farmers.
Hon Mai Mala Buni

Yobe youths task governor-elect on agric programme

Youths in Damaturu have urged Yobe governor-elect, Alhaji MaiMala Buni, to give priority to his proposed Farmer Anchor Borrowers programme to facilitate economic rehabilitation and empowerment of youths in the state.
Demola Banu

Kwara debt portfolio hits N30.2 billion

The Kwara state government on Tuesday put its current debt profile at N30.2 billion. It added that the debt has a monthly repayment of N496.3 million.

Minister: President Buhari’s re-election proves Nigerians support his policies

The Minister of Women Affairs and Social Development, Hajia Aisha Abubakar, says the re-election of President Muhammadu Buhari was a proof of support for his administration’s policies by Nigerians.

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Singer Davido and his record label artiste Peruzzi have apologised to a Twitter influencer, Pamilerin Adegoke, who was allegedly assaulted by Peruzzi on Sunday.

Davido, Peruzzi apologise to Twitter influencer over alleged assault

Singer Davido and his record label artiste Peruzzi have apologised to a Twitter influencer, Pamilerin Adegoke, who was allegedly assaulted by Peruzzi on Sunday.
The Khordad 15, a new surface-to-air missile battery shown at an undisclosed location in Iran. IRANIAN DEFENSE MINISTRY VIA AP

Iran denies plans to buy Russian S-400 air defence missile

Iran’s Foreign Ministry on Monday denied the country has plan to purchase the Russian S-400 air defence missile system.
Usman Mohammed - TCN

Federal government, investors to capitalise DisCos with $4.7 billion

The Managing Director, Transmission Company of Nigeria (TCN), Dr. Usman Gur Mohammed, on Monday said that shareholders of the electricity distribution companies (DisCos) that consist of the Federal Government and the private investors in the firms, are to jointly raise $4.7 billion to recapitalize the firms to upgrade power distribution equipment in the country.

Food seller electrocuted in Lagos

A food seller, Mrs Florence Imoh, 58, was electrocuted at her shop at Ikotun, a Lagos suburb in Igando/Ikotun Local Council Development Area, early on Monday morning.
Asif Ali Zardari

Pakistani ex-president arrested over fake bank accounts

Former Pakistani President Asif Ali Zardari has been arrested by the country’s top anti-corruption body in a case involving fake bank accounts.