Anchor Borrowers’ Programme

December 01, (THEWILL) — Nigeria’s latest audit has revealed that the Central Bank of Nigeria (CBN) failed to recover N629.04 billion loaned out under the Anchor Borrowers’ Programme (ABP), raising serious concerns about transparency, accountability, and the sustainability of...

The increased volume of agricultural goods helped to achieve a relatively high value of non-oil exports in the first quarter (Q1) of 2023, compared to the corresponding period of 2022, data by the National Bureau of Statistics (NBS) have...

The Central Bank of Nigeria (CBN) disbursed a total of N12.65 billion to three agricultural projects under the Anchor Borrowers’ Programme (ABP) between January and February 2023. This disclosure was made by the governor, CBN, Mr Godwin Emefiele, during the...

March 07, (THEWILL) - The Central Bank of Nigeria (CBN) has said that total repayment of loans under the Anchor Borrowers’ Programme (ABP), stood at N503 billion as at date, representing 52.39 per cent of recovered facilities. The CBN...

September 08, (THEWILL) – Indications have emerged that the Central Bank of Nigeria (CBN) has begun moves against beneficiaries of its Anchor Borrowers Programme (ABP) who have defaulted in their loan repayments. This development follows the action by NIRSAL Microfinance...

BEVERLY HILLS, April 11, (THEWILL) - To save over two million jobs and avert threats to about N200 billion projects nationwide, the Central Bank of Nigeria (CBN) has ordered the suspension of all facilities under the Anchor Borrowers’ Programme (ABP)...