CBN halts COVID-linked relief on loans, takes interest rate back to 9% - Premium Times


8/18/2022 12:00:00 AM2 years 8 months ago
by Ayodeji Adegboyega

Interest will no longer be five per cent on Anchor Borrowers, Commercial Agricultural Credits Scheme, Micro-Small and Medium-scale...

The Central Bank of Nigeria says it has changed interest rates on all its applicable intervention facilities from five per cent per annum back to nine per cent. The bank had in the heat of the pande… [+2132 chars]

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