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BREAKING: CBN Promises Expansion Of 50 Billion Naira Targeted Credit Facility (LOAN) for Households and MSME

By Ola Shobowale ·

The Central Bank of Nigeria has promised expansion of 50 Billion Naira Targeted Credit Facility (LOAN) for Households and MSME

"Out of N50bn set aside for the households & MSMEs affected by the COVID-19, we have disbursed N49.1bn to over 92,000 people. The MPC endorsed that we increase the household and MSMEs’ facility to accommodate more Nigerians".

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