The Anchor Borrowers’ Programme under the Development Finance Department of the Central Bank of Nigeria is dogged by corruption, sources told SaharaReporters. Sources told SaharaReporters how the development finance department of the CBN under its former director, Yusuf Philip Yila gave contracts to cronies and paid for fake purchases under the programme.
The new Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said he will prioritise clearing the apex bank’s backlog of unsettled foreign exchange obligations in the near term.
INTERVENTION: CBN s financial interventions hit N9 714trn in three years hallmarknews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hallmarknews.com Daily Mail and Mail on Sunday newspapers.