FG targets N200 billion cooperative funding pool for proposed national bank

πŸ‡³πŸ‡¬ Nairametrics Nigeria (NG) —
FG targets N200 billion cooperative funding pool for proposed national bank

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The Nigerian Federal Government plans to mobilize N200 billion from cooperative societies nationwide to establish the Cooperative Bank of Nigeria. This initiative seeks to strengthen cooperative financing and banking services across the country.

The Federal Government says it is mobilising N200 billion in share capital from cooperative societies across the country to facilitate the take-off of the proposed Cooperative Bank of Nigeria. The post FG targets N200 billion cooperative funding pool for proposed national bank appeared first on Nairametrics.

Politics Markets Deals Nigeria cooperative societies national bank funding finance Federal Government

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