JUST IN: CBN Finally Suspends Emefiele’s Anchor Borrowers Programme, NIRSAL, Other Intervention Programmes

The Central Bank of Nigeria has finally suspended new applications for development financing like the Anchor Borrowers Program (ABP) and Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) among others, THE WHISTLER can confirm.

The development is a strategic move to discontinue the unorthodox monetary policy regime adopted by the former Governor, Godwin Emefiele.