15 results
- 21 Aug 2017
Bacardi, TCF Rehabilitate 50 Hand Pumps, Provide Safe Drinking Water In Kebbi
As part of the Bacardi ‘Spirit for Life, Caring Together’ annual Corporate Responsibility Month community service volunteer program, Bacardi partnered with Tulsi Chanrai Foundation (TCF) in Nigeria…
- 21 Mar 2021
CBN to Increase COVID-19 TCF to N300Bn
Central Bank of Nigeria (CBN) has said it will increase its Targeted Credit Facility for households and small and medium enterprises from N150 billion to N300 billion. Godwin Emefiele, governor of…
- 29 Jun 2020
CBN Warns N50Bn Loan Applicants against Fraudsters
Central Bank of Nigeria (CBN) has warned prospective applicants for the bank’s N50 billion Targeted Credit Facility (TCF) to beware of fraudsters using employees names as a front. Mr. Godwin…
- 14 Apr 2020
COVID-19: NIRSAL Receives 80,000 Applications for N50Bn CBN Stimulus Package
Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), has received 80,000 applications on the N50 billion Targeted Credit Facility (TCF) released by the Central Bank of…
- 11 Mar 2021
CBN Reopens COVID-19 Loan Portal for Households, Businesses
Central Bank of Nigeria (CBN) is receiving applications for its N50 billion targeted credit facility (TCF) aimed at supporting households and micro, small and medium enterprises (MSMEs) affected by…
- 1 Apr 2024
Some Nigerian Reportedly Owing CBN N261.07Bn COVID-19 Loan
Some Nigerians who benefited from the Central Bank of Nigeria (CBN) and NIRSAL Microfinance Bank’s targeted credit facility (TCF) have failed to pay N261.07bn out of N419.42bn given out, according to…
- 6 Jul 2021
DFA Applauds CBN’s Oversight Functions on NIRSAL’s Operations
The Development Finance Advocates (DFA), a network of individuals who believe and support the adoption of development finance strategy in growing the Nigerian economy has commended the Central Bank…
- 19 Jul 2020
Women to Get 60 Per Cent of CBN’s N220Bn MSMEs Fund
Federal government has announced plans to roll out a N2.3 trillion stimulus package and survival fund for Micro Small and Medium Enterprises (MSMEs) to stay afloat amid the economic challenges…
- 21 Oct 2025
Banks' Funding Failure: The Shocking Rot In Nigeria's Intervention Programmes
By Blaise Udunze For over a decade, the Nigerian government and its financial institutions have launched a flurry of intervention funds, all with the promise to empower industries, revive the…
- 9 Nov 2016
CBN Goes Tough on Illegal IMTOs, Banks over Money Transfers
Central Bank of Nigeria (CBN) has threatened to deal with any illegal International Money Transfer Operators (IMTOs) in the country when caught, warning Nigerians in the diaspora to desist from…
- 20 Jun 2017
Shell Nigeria Plans Investment in Gas Project in Niger Delta
Shell is considering whether to invest in a gas project in Nigeria's southern Niger Delta energy hub, the managing director of the local unit said on Tuesday. Nigeria has the world's ninth largest…
- 13 Apr 2020
CBN Denies Charging Fee on COVID-19 Loan Application
Central Bank of Nigeria (CBN) has said that the bank does not charge any fee on COVID-19 loan application as claimed in false reports circulated on social media. Mr Isaac Okorafor, director,…
- 15 Mar 2021
NIRSAL Microfinance Bank Warns Public on Loan Scammers
NIRSAL) on Monday raised the alarm over the activities of scammers posing as its staff or agents, demanding and receiving money from unsuspecting members of the public purportedly to secure COVID-19…
- 7 Oct 2021
CBN Commits over N1.3 trillion to Boost Economy
The Central Bank of Nigeria (CBN) has committed over N1.3 trillion to various intervention programmes, in order to boost the economy, in the last one and half years following the outbreak of the…
- 10 Nov 2009
Oando Awards N100m Engineering Contract, Upgrade LPG Terminal
Oando Plc, a major player in the nation’s downstream sector, has said that plans were afoot to upgrade its LPG terminal, Apapa, Lagos to an ultra-modern 7,600 metric tonne capacity facility, as…