The Central Bank of Nigeria has said it is extending its Agri-Business/Small and Medium Enterprise Investment Scheme loans to 14,638 applicants in August.
Recent interventions were largely in the areas of manufacturing, agriculture, electricity and gas, solar power as well as housing constructions among others, it stated. These included real sector funds of N216.87bn; COVID-19 Targeted Credit Facility of N73.69bn; AGSMEIS of N54.66bn; Pharmaceutical and Health Care Support Fund of N44.47bn); and Creative Industry Financing Initiative of N2.93bn.Under the real sector funds, it stated, a total of 87 projects that included 53 manufacturing, 21 agriculture and 13 services projects were funded.
August next year?
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