Page 3 - Anchor Borrower Programme News Today

Nigerian inflation continues to defy global trends, setting a new multi-decade of 27.3 per cent in October even as experts warned that prices, which have been an uptrend in the past two years, will not abate anytime soon.

The GAWAL R1 has an average yield of 30 per cent or so higher than the most popular local rice varieties in Nigeria.

The Greater Abuja Water Supply Project

The newly appointed Governor of the Central Bank of Nigeria, Olayemi Cardoso, has made decisions that may impact key development finance projects initiated by his predecessor, Godwin Emefiele. The

New governor of the Central Bank of Nigeria, Olayemi Cardoso, may have opted out of some key development finance projects of his predecessor, Godwin Emefiele,

According to the Economic Impact, Nigeria ranked 107 out of 113 countries on the 2022 Global Food Security Index. Food prices continue to increase because of inflation.

The Chief Executive Officers and top management staff of banks may also be probed during the ongoing investigation of the activities of the Central Bank of Nigeria, according to findings by The PUNCH.

He added that it is usually not advisable to have a CBN governor with a background in banking as there tends to be a “romance” between the banks and the apex bank.

The Special Investigator appointed by President Tinubu to Probe CBN activities under Godwin Emefiele is reportedly moving to investigate bank CEOs.

The sorry state to which the Anchor Borrowers’ Programme of the Central Bank of Nigeria has fallen should be a matter of concern to all Nigerians. Many of the beneficiaries of the programme are in default, and efforts by the authorities to recover the loans are meeting brick walls. From the inception of the programme…