How CBN is salvaging Nigeria economy with 37 intervention programmes ― Ag Director

How CBN is salvaging Nigeria economy with 37 intervention programmes

How CBN is salvaging Nigeria economy with 37 intervention programmes ― Ag Director     The Acting Director, Corporate Communications Department of the apex bank, Mr Osita Nwanisobi, has explained that the Central Bank of Nigeria (CBN) has rolled out a total of 37 interventions programmes aimed at salvaging different sectors of Nigeria’s troubled economy. He made the explanation while speaking at the two-day CBN fair which started simultaneously in Lagos and Ogun State on Thursday. According to him, the interventions speak to the particular needs of the Nigerian people…

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Bickering over proposed intervention funds for airlines

NiMeT

BusinessMetricsNG with wire report The proposed federal government’s intervention fund for airlines is generating fuss in the aviation sector, Daily Trust’s investigations have revealed. Stakeholders are sharply divided over whether funds should be given directly or not to airlines following the impact of COVID-19 pandemic on airline operators. Some of them argued that N200 billion intervention fund given to airlines in 2012 was diverted. John Ojikutu Aviation analyst, Group Capt., (rtd) had suggested that monetary intervention should not be given to airlines but they can be supported with waiver on…

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