CBN recovers N3.7 trillion intervention funds

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Beneficiaries of various Central Bank of Nigeria (CBN) intervention schemes have re-paid a total of N3.7 trillion out of the N9.3 trillion disbursed in the last four years.

The Director of the Development Finance Department of the bank, Mr Yusuf Yila, disclosed this at a press briefing in Abuja, this morning.

for breaking news, videos, and the latest top stories in Nigeria & world news, business, politics, sports and pop culture.He said that the apex bank would slow down intervention schemes, with it’s new move to curtail the inflationary trends.

 

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