CBN says it can’t introduce new financial interventions due to N4.69trn outstanding

[NigerianEye - Nigeria] - 27/11/2025
The Central Bank of Nigeria (CBN) says it cannot introduce new intervention programmes because N4.69 trillion of past interventions remain outstanding, limiting its ability to support new initiatives. Speaking at the 303rd monetary policy committee (MPC) meeting in Abuja on Tuesday, Olayemi Cardoso, CBN governor, said a review of past intervention schemes showed that the total value of interventions issued over a decade stood at N10.93 trillion. “Now, we did a survey, a small study, of interventions in the central bank. And we came out with certain numbers, which showed that intervention, (…)
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