In a significant policy shift, the Central Bank of Nigeria (CBN) has announced the suspension of new loan applications for its Intervention Programs. The move is outlined in a circular titled “Suspension of Acceptance of New Applications under the Existing Central Bank of Nigeria, CBN Development Finance Intervention Programme,” addressed to the Chief Executives of banks. The circular, signed by Sa’ad Hamidu, the Acting Director of the Development Finance Department, signifies a strategic pivot in the bank’s operational focus.

This suspension marks a departure from the previous central bank’s approach, which heavily relied on development finance intervention...........

https://ratecaptain.com/cbn-halts-submission-of-new-loan-requests-for-intervention-programs/

how nor.... Now dat i want 1.2billion