Tag: Cardoso
Banks Retain N530 Billion CBN Funds Amidst Temporary Halt in Support Schemes
Amidst a temporary suspension of all Central Bank of Nigeria (CBN) support funds by the current governor, Olayemi Cardoso, banks in the country continue to retain over N530 billion in unutilized intervention funds. According to recent financial statements reviewed, nine banks still hold substantial amounts of intervention funds designated for distribution to various recipients. Leading…