• Home
  • News
    4G base stations in Nigeria hit 39,006, data crashes from N1200 to N350 – Pantami

    4G base stations in Nigeria hit 39,006, data crashes from N1200 to N350 – Pantami

    PANDEF hails Buhari over Arase’s appointment as PSC Chairman

    PANDEF hails Buhari over Arase’s appointment as PSC Chairman

    Abia PDP guber candidate, Ikonne dead

    FG engages Yoruba royal fathers on COVID-19 vaccination

    BREAKING: ALL travellers arriving Nigeria must provide evidence of COVID vaccination, says FG

    President Buhari’s new year message 

    Buhari inaugurates $1.5bn 1st deep sea port in Lagos

    Nigeria begins bid to overturn $11bn P&ID debt — trial to last eight weeks

    Nigeria begins bid to overturn $11bn P&ID debt — trial to last eight weeks

    Passengers stranded as Warri-Itakpe train derails in Kogi forest

  • Politics
  • Security
  • Opinion
  • Sports
  • Technology
  • About Us
  • Contact Us
No Result
View All Result
9jaYarn
  • Home
  • News
    4G base stations in Nigeria hit 39,006, data crashes from N1200 to N350 – Pantami

    4G base stations in Nigeria hit 39,006, data crashes from N1200 to N350 – Pantami

    PANDEF hails Buhari over Arase’s appointment as PSC Chairman

    PANDEF hails Buhari over Arase’s appointment as PSC Chairman

    Abia PDP guber candidate, Ikonne dead

    FG engages Yoruba royal fathers on COVID-19 vaccination

    BREAKING: ALL travellers arriving Nigeria must provide evidence of COVID vaccination, says FG

    President Buhari’s new year message 

    Buhari inaugurates $1.5bn 1st deep sea port in Lagos

    Nigeria begins bid to overturn $11bn P&ID debt — trial to last eight weeks

    Nigeria begins bid to overturn $11bn P&ID debt — trial to last eight weeks

    Passengers stranded as Warri-Itakpe train derails in Kogi forest

  • Politics
  • Security
  • Opinion
  • Sports
  • Technology
  • About Us
  • Contact Us
No Result
View All Result
9jaYarn
No Result
View All Result

CBN disbursed N75.9b loan to farmers in two months

August 15, 2022

The Central Bank of Nigeria (CBN) disbursed N75.9 billion loan to farmers between last November and December, under the Anchor Borrowers’ Programme (ABP). The fund was to support the cultivation of over 383,000 hectares of maize, rice and wheat during the year dry season, bringing the cumulative disbursements under the Programme to N927.94 billion to over 4.5 million smallholder farmers cultivating 21 commodities across the country. In a CBN report, the apex bank said excess output aggregated from the financed farmers will be released to the Nigeria Commodity Exchange (NCX) to help moderate the prices of food in the market.

The bank also released N1.76 billion to finance two large-scale agricultural projects under the Commercial Agriculture Credit Scheme (CACS). In addition, the apex bank disbursed N151.23 billion under the Real Sector Facility to 15 more projects in agriculture, manufacturing, mining, and services. The funds were utilised for greenfield and brownfield (expansion) projects under the COVID-19 Intervention for the Manufacturing Sector (CIMS) and the Real Sector Support Facility from Differentiated Cash Reserve Requirement (RSSF-DCRR).

According to the report, cumulative disbursements under the Real Sector Facility stood at N1.40 trillion disbursed to 331 projects across the country. As part of its effort to support the resilience of the healthcare sector, the bank also disbursed N498.00 million to two healthcare projects under the Healthcare Sector Intervention Facility (HSIF), bringing the cumulative disbursements to N108.85 billion for 118 projects, comprising 31 pharmaceuticals, 82 hospital and four other services.

Share74Tweet46Send
Emem Unwana

Emem Unwana

Related Posts

4G base stations in Nigeria hit 39,006, data crashes from N1200 to N350 – Pantami
News

4G base stations in Nigeria hit 39,006, data crashes from N1200 to N350 – Pantami

January 27, 2023

The Federal Government said on Thursday that the number of base stations in Nigeria providing fourth generation communication network in the country has reached 39,006 while the number of people who have access to broadband services have risen to 88,273,690....

PANDEF hails Buhari over Arase’s appointment as PSC Chairman
News

PANDEF hails Buhari over Arase’s appointment as PSC Chairman

January 27, 2023

THE Pan-Niger Delta Forum, PANDEF, led by the South-South leader, Chief Edwin Clark has hailed President Muhammadu Buhari over the appointment of former Inspector-General of Police, IGP, Solomon Arase, retd as the Chairman of the Police Service Commission, PSC....

News

Abia PDP guber candidate, Ikonne dead

January 25, 2023

The Peoples Democratic Party, PDP, candidate for the March 11 governorship election in Abia State, Prof. Uchenna Ikonne is dead. DAILY POST learnt that he died on Wednesday at the National Hospital, Abuja. He had earlier received treatment at...

Business

Old Naira notes: Nigerians will lose hard-earned money over CBN’s deadline – Experts

January 25, 2023

Economic experts have said Nigerians would lose their hard-earned money over the Central Bank of Nigeria’s refusal to extend the January 31 deadline for phasing out N200, N500 and N1000 notes. Recall that the Governor of CBN, Godwin Emefiele,...

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Categories

  • Business (63)
  • Career (31)
  • Entertainment (21)
  • Fashion (1)
  • Health (31)
  • Infographics (2)
  • International (17)
  • Lifestyle (23)
  • News (461)
  • Opinion (18)
  • Politics (88)
  • Security (110)
  • Sports (43)
  • Technology (18)
  • Travel (11)
  • Uncategorized (28)
  • Wazobia (1)

Popular

  • ADEBOWALE YEMI AND HIS HATCHET MAN’S JOB ON BICHI

    243 shares
    Share 97 Tweet 61
  • Anambra State Governor ‘Moves Against IPOB’, Declares Curfew in 7 LGAs

    185 shares
    Share 74 Tweet 46
  • Nigeria’s contract with Peseiro, new Super Eagles coach

    185 shares
    Share 74 Tweet 46
  • Socioeconomic Devt – Expert harps on activism hinged on discipline

    186 shares
    Share 74 Tweet 47
  • WILL AYU RESIGN AFTER THE EMERGENCE OF ATIKU ABUBAKAR AS THE PDP FLAG BEARER

    185 shares
    Share 74 Tweet 46
4
2
1
6

  • 9jayarn
  • Privacy Policy
  • Contact Us
  • About Us

© Copyright 2022 9jayarn

No Result
View All Result
  • Home
  • News
  • Politics
  • Security
  • Opinion
  • Sports
  • Technology
  • About Us
  • Contact Us