CBN directs PFIs to disburse N220b agric funds at 9%
The Central Bank of Nigeria (CBN) has directed Participating Financial Institutions (PFIs) including commercial banks, microfinance banks (MfBs) and Development Finance Institutions (DFIs) to disburse N220 billion targeted at the Anchor Borrowers’ Programme (ABP) at nine percent interest rate. The apex bank recently released guidelines for the implementation of ABP which it said was […]