CBN repositions agricultural credit guarantee scheme
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Nigeria’s Central Bank plans to redesign its agricultural credit guarantee scheme as part of a shift toward market-based and sustainable development finance. Governor Olayemi Cardoso said the approach is intended to strengthen agricultural financing and attract more private-sector investment.
By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) has announced plans to reposition its development finance strategy towards a market-based and sustainable framework to boost agricultural financing and attract greater private-sector investment. CBN Governor, Olayemi Cardoso, disclosed this at the National Stakeholder Roundtable on “Strengthening Agricultural Credit Guarantees for Inclusive and […] The post CBN repositions agricultural credit guarantee scheme appeared first on Vanguard News.