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Central Bank of Nigeria

Amendment to Pricing of Commercial Agriculture Credit Scheme (CACS) and Guidelines

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Author
Central Bank of Nigeria
Reference No.
FPR/DIR/CIR/GEN/05/005
Year
2015
Pages
16 pages

The Central Bank of Nigeria circular revises the Commercial Agriculture Credit Scheme Guidelines by capping interest and charges at 9 percent, allocating the interest share between participating banks and the CBN, and providing for funding to banks at 2 percent after confirmation of readiness to…

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