Bankers’ Committee Reprices N26bn Agric SME Fund, Targets Artisans

The Bankers’ Committee, an umbrella body of Central Bank of Nigeria’s (CBN) officials and managing directors of deposit money banks (DMBs), has adjusted the pricing and disbursement of the special N26.4 billion agric fund it unveiled early this year. Godwin Emefiele, CBN governor, disclosed this on Sunday while briefing newsmen…

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CBN, banks bicker over slow disbursement of SMEs funds

The Central Bank of Nigeria (CBN)  and lenders involved in the disbursement of N220 billion Small, Medium Enterprises (SMEs) funds to small businesses have traded blames over the slow pace of the disbursement of the funds. The Group Head, Specialised SMEs of Fidelity Bank, Mr Ndubuisi Onuoha blamed the CBN…

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