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The Central Bank stanley mug of Nigeria has ordered commercial banks to give agricultural and manufacturing sector loans at an interest rate of 9 per cent.That coming as the CBN will now be refunding Cash Reserve Ratio, CRR , to banks that fund projects in those two sectors.CBN Director of Banking Supervision, Ahmed Abdullahi said this was part of the resolutions of the Bankers Committee meeting held in Lagos. Read Also Zamfara Gov Distributes Fertilizers, Farm Inputs to FarmersPrice Crash Forces Jigawa Wheat Farmers to Switch to Onion FarmingArmy Distributes Free Fertilizer To Zamfara FarmersAhmad said the outlook for the economy in 2018 is much better than 2017, and with this move,banks should be able to lend to companies that are doing new capital expenditures and expansions to factories using some of their CRR at nine per cent.At the moment banks give out loans at 25% interest rate.The apex bank hopes this development will also create more jobs. ADVERTISEMENT stanley website Latest News stanley it CAF Announces AFCON 2027 Dates, Schedule, Venues Fbur Ex-law firm staffer banned over sexually explicit WhatsApp messages
Wednesday 20 January 2021 12:42 pm|Updated:Wednesday 20 January 2021 12:45 pmPriti Patel deflects blame for UKrsquo death toll onto scientistsBy: Stefan BosciaShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEm hydro flask cooler ailShare on EmailAdd as a preferredsource on GooglePriti Patel said: The safety of women and girls across the country, wherever they are, is an absolute priority for me. Home secretary Priti Patel has tried to shift blame for the UKrsquo world-leading Covid death rate onto government scientists.When questioned today about why the UKrsquo death rate was so high she said there was no one reason, before saying government has listened to arange of advice, and foll hydro flask cup owed advice,from professionals and advisers, medical, scientific, from day one in this pandemic.Oxford University research platform Our World in Data said today that the UK owala cup currently has the highest seven-day average of Covid deaths at 16.54 per 1,000,000. It comes as more than 1,600 people died yesterday from Covid in the UK ndash; a new national one-day record. When questioned about why the UK has the highest current death toll in the world, Patel told the BBC there is no one reason as to why we have an appalling death toll, and thatthe UKrsquo high level of people with co-morbidities contributed to the figures. She was pushed on the issue, with suggestions that it was in fact failures of g |
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