The Central Bank of Nigeria, CBN, has set aside over N1 trillion to promote
lending to the real sector of the economy with a view to stimulating economic
activities in the country. The Governor of the CBN, Mr. Godwin Emefiele,
disclosed this at the 21st Seminar for Finance Correspondents and Business
Editors in Ibadan, Oyo State capital, yesterday.
Mr. Emefiele who spoke through the Deputy Governor, Corporate Services, Mr. Adebayo Adelabu, justified the massive interventions of the apex bank in financing the real sector of the economy, saying that the current trend in global central banking has gone beyond the core functions of monetary policy management. Infrastructure interventions.
Mr. Emefiele who spoke through the Deputy Governor, Corporate Services, Mr. Adebayo Adelabu, justified the massive interventions of the apex bank in financing the real sector of the economy, saying that the current trend in global central banking has gone beyond the core functions of monetary policy management. Infrastructure interventions.
