Trending News: Senator Meroyi’s burial: he lived a life of enviable legacy – FaduyileSeven Reportedly Die At Graduation Party In Nsukka.Police Fire Warning Shots As Thugs Disrupt NDC Meeting In Lagos.Tinubu Urges Seyi To Match Gwandu Title With Public Service.Agbonayinma Takes Atiku Petition Campaign To US Senate.Court Bars NDC From Replacing Imo East Senatorial Candidate.Senate Challenges Petroleum Regulators To Ease Nigerians’ Economic Burden.Tinubu’s re-election: Ondo will give 1.2 million votes — FaduyileOSOPADEC TAKES AIYETORO’S COASTAL CRISIS TO COP31, SEEKS URGENT GLOBAL INTERVENTION …As Senator Faduyile rallies international support to save endangered Ilaje, Ese-Odo communitiesAyetoro Is Bleeding, Don’t Wait For Committee – Faduyile Tells World Leaders At COP31How BTO’s Strides Markets Renewed Hope AgendaRepaired Benin-Egbin Line Boosts Power Supply To Lagos.INEC Awaits Court Documents Before Deciding ADC’s 2027 Candidates.PDP Reaffirms Ties With Wike After Rivers Political Gathering.Senator Faduyile Commiserates Takuro Over Father’s Death.Faduyile Celebrates Ambassador Olusola Iji At 70, Hails his leadership qualities.36TH ODIGBO DAY: NEJO FELICITATES ORUNJA, ODIGBO PEOPLE, SEEKS SUPPORT FOR 2027 SENATORIAL BIDADC Leadership Crisis Puts 2027 Opposition Plans Under PressureN50,000 Relief Grant: FG Warns Applicants Against Payment Scams.TUC Seeks Permanent Salary Adjustment Over N70,000 Transport Allowance.Court Ruling Puts APC’s Imo West Senatorial Ticket In Dispute.Oshiomhole Links Industrial Closures To Obasanjo-Atiku Administration.Faduyile Meets Education Minister, Seeks FG Presence In Ondo South.Ending Impunity for Crimes Against JournalistsDrone Attack Kills Two Soldiers, Injures 13 In Borno Military Formation.INEC Sets December Deadline To Resolve Voter Register Irregularities.NCDC Tracks 62 Ebola Contacts As Monitoring Continues Across Nigeria.Cleric’s Remarks on Tinubu’s Moses Comparison Spark Social Media Debate.Datti Baba-Ahmed Warns Obi Supporters Against Silencing His Criticism.Gladiators and daggers drawnAtiku’s Son Backs Tinubu’s 2027 Bid, Draws Reaction From NDC Chieftain.Senator Faduyile: The urgency of purposeFaduyile Commends FG On Dual Mandate Policy For Teacher TrainingFaduyile Pledges Legislative Backing For NRS ReformsSenator Faduyile Mourns Ex-TAC DG, Pius OsunyikanmiOndo Assembly Backs State Police Amendment, Cites Farmers’ Safety.Niger APC Targets Two Million Votes For Tinubu Ahead Of 2027 Elections.NCDC: Ebola Spread Could Affect 2027 Election Schedule.Prince Ayeku backs Akpabio’s concern over Senator FaduyileSenator Faduyile Expresses Confidence in Tinubu’s Victory in January PollEbonyi Political Tensions: Stakeholders Urge Urgent Action After Reported APGA Attack.Nigerian Army Sends 600 Personnel To India For Jungle And Mountain Warfare Training.Six Years Without A King: Ooni Calls For Peace In Ifon-Omima Chieftaincy Dispute.Katsina Government Warns Of Possible Reprisal After Deadly Bakori Gun Battle.2027 Presidency: Akume Urges Northern Aspirants To Wait Until 2031.Ebola Preparedness: Osun Sets One-Week Target To Open Isolation Facility.US Agencies Declare Two Nigerians Wanted Over Separate Federal Offences.Fasoranti: Faduyile mourns, says Nigeria has lost a moral compassAkpabio salutes Faduyile over motion on Ayetoro ocean surge threat …..queries logic behind his exclusion from 2027 pollAbodi of Ikale hails OAUSTECH VC, Ologunorisa, at 60Poroye Inspects Aboto–Atijere Road, Water Treatment Plant as OSOPADEC Intensifies Infrastructure DriveIkale elite team on Medical City Project confers with Senator FaduyileEbola Investigation: Uganda Calls For Travel Records As Nigeria Tracks 44 Contacts.2027 Elections: DSS Arrests Suspects Over Alleged Plot Against INEC Ad Hoc Staff.Prioritize your health, Faduyile charges Nigerian DoctorsDelta Deploys 1,000 Armed Forest Guards To Protect Communities And Businesses.Oyo Government Resignations Rise To 12 As Four More Appointees Quit.Zamfara Insecurity: Angry Youths Chase Deputy Governor From Gwashi Community.SERAP Seeks Court Order For INEC To Account For ₦126bn.Former Delta Governor Emmanuel Uduaghan Dies At 71Abodi of Ikale, Oba Faduyile felicitates Otayemi on 40 years at the barMimiko @ 72: You are an accomplished state man- FaduyileAiyedatiwa Presses Tinubu, Umahi to Retain Original Lagos-Calabar Coastal Road Alignment — PoroyeRivers Police Probe Alleged Cultists’ Renovation Of Abuloma Post.Zamfara Plans Dangote Shares For Over 36,000 Residents.IYC Demands Public Release Of Lagos-Calabar Highway Plans.Kwankwaso Defends Obi’s Economic Data In Debate With Shettima.Ayodele Questions Electoral Value Of Defections To APC.Senator Faduyile AI Empowerment for Ondo South youths closes a real digital opportunity gap -Olatunji, AI trainerFaduyile wants end to criminalization of failed suicide attemptsZamfara Attacks Displace Over 300 Residents As Death Toll Rises.Fake PFIPC Case Moves To FCT High Court After Federal Court Drops Charges.Oriire School Abduction: Witness Says Kidnappers Sought Release Of Detained Leaders.NYSC Feeding Budget Increase Expected From 2027.Senator Faduyile takes Aiyetoro ocean incursion to SenateFaduyile advocates quality medical education as condition for UHCFufore Mourns Second Council Chairman In 18 Months.Kogi Councillor Dies Days After Abduction.2027 Elections: INEC Warns Candidates Over Vote Buying.Lagos Universities Resume Classes As ASUU Suspends Strike.Fuel Discount: FG Defends 30-Day Relief Amid Election Concerns.Abuja Blackout: Power Cuts Disrupt Businesses, Water Supply.Senator Faduyile hosts Cancer Society, assures of Legislative collaboration on advocacyFaduyile to Chief of Air Staff: accept my condolencesOndo Air Crash: Investigation Shifts Focus To Military Aviation Safety.Imo NYSC Abduction: Joint Security Operation Secures Release Of 20.Igbokoda plane crash: Senator Faduyile commiserates with victims’ familiesIgbokoda Air Crash: Nejo Mourns Fallen NAF Officers, Condoles FamiliesIgbokoda helicopter crash: Senator Faduyile commiserates with victims’ familiesTeachers remain backbone of national development, says Fed Poly Ile-Oluji Rector, EbelokuSenator Faduyile to teachers: Your reward is on earth and in heavenCaracas Claim Puts Focus On Nigeria’s Economic Starting PointNNPCL Accounts: Atiku Demands Clarity On N11.2tn Federal Receivables.Oborevwori’s Church Role Triggers Debate Over Public Office And Faith.Senator Faduyile empowers over 300 Ondo South youths on IT, AI trainingSenator Faduyile preaches universal health insurance as Bishop Olayinka gifts Osi Ekiti Medical CenterSenator Faduyile hails Mimiko at 72Independence Day: Economic Reforms Spark Fresh Political Debate.Rivers 2027: ADC Candidate Raises Alarm Over Political Participation.
Sat. Nov 14th, 2026
Trending News: Senator Meroyi’s burial: he lived a life of enviable legacy – FaduyileSeven Reportedly Die At Graduation Party In Nsukka.Police Fire Warning Shots As Thugs Disrupt NDC Meeting In Lagos.Tinubu Urges Seyi To Match Gwandu Title With Public Service.Agbonayinma Takes Atiku Petition Campaign To US Senate.Court Bars NDC From Replacing Imo East Senatorial Candidate.Senate Challenges Petroleum Regulators To Ease Nigerians’ Economic Burden.Tinubu’s re-election: Ondo will give 1.2 million votes — FaduyileOSOPADEC TAKES AIYETORO’S COASTAL CRISIS TO COP31, SEEKS URGENT GLOBAL INTERVENTION …As Senator Faduyile rallies international support to save endangered Ilaje, Ese-Odo communitiesAyetoro Is Bleeding, Don’t Wait For Committee – Faduyile Tells World Leaders At COP31How BTO’s Strides Markets Renewed Hope AgendaRepaired Benin-Egbin Line Boosts Power Supply To Lagos.INEC Awaits Court Documents Before Deciding ADC’s 2027 Candidates.PDP Reaffirms Ties With Wike After Rivers Political Gathering.Senator Faduyile Commiserates Takuro Over Father’s Death.Faduyile Celebrates Ambassador Olusola Iji At 70, Hails his leadership qualities.36TH ODIGBO DAY: NEJO FELICITATES ORUNJA, ODIGBO PEOPLE, SEEKS SUPPORT FOR 2027 SENATORIAL BIDADC Leadership Crisis Puts 2027 Opposition Plans Under PressureN50,000 Relief Grant: FG Warns Applicants Against Payment Scams.TUC Seeks Permanent Salary Adjustment Over N70,000 Transport Allowance.Court Ruling Puts APC’s Imo West Senatorial Ticket In Dispute.Oshiomhole Links Industrial Closures To Obasanjo-Atiku Administration.Faduyile Meets Education Minister, Seeks FG Presence In Ondo South.Ending Impunity for Crimes Against JournalistsDrone Attack Kills Two Soldiers, Injures 13 In Borno Military Formation.INEC Sets December Deadline To Resolve Voter Register Irregularities.NCDC Tracks 62 Ebola Contacts As Monitoring Continues Across Nigeria.Cleric’s Remarks on Tinubu’s Moses Comparison Spark Social Media Debate.Datti Baba-Ahmed Warns Obi Supporters Against Silencing His Criticism.Gladiators and daggers drawnAtiku’s Son Backs Tinubu’s 2027 Bid, Draws Reaction From NDC Chieftain.Senator Faduyile: The urgency of purposeFaduyile Commends FG On Dual Mandate Policy For Teacher TrainingFaduyile Pledges Legislative Backing For NRS ReformsSenator Faduyile Mourns Ex-TAC DG, Pius OsunyikanmiOndo Assembly Backs State Police Amendment, Cites Farmers’ Safety.Niger APC Targets Two Million Votes For Tinubu Ahead Of 2027 Elections.NCDC: Ebola Spread Could Affect 2027 Election Schedule.Prince Ayeku backs Akpabio’s concern over Senator FaduyileSenator Faduyile Expresses Confidence in Tinubu’s Victory in January PollEbonyi Political Tensions: Stakeholders Urge Urgent Action After Reported APGA Attack.Nigerian Army Sends 600 Personnel To India For Jungle And Mountain Warfare Training.Six Years Without A King: Ooni Calls For Peace In Ifon-Omima Chieftaincy Dispute.Katsina Government Warns Of Possible Reprisal After Deadly Bakori Gun Battle.2027 Presidency: Akume Urges Northern Aspirants To Wait Until 2031.Ebola Preparedness: Osun Sets One-Week Target To Open Isolation Facility.US Agencies Declare Two Nigerians Wanted Over Separate Federal Offences.Fasoranti: Faduyile mourns, says Nigeria has lost a moral compassAkpabio salutes Faduyile over motion on Ayetoro ocean surge threat …..queries logic behind his exclusion from 2027 pollAbodi of Ikale hails OAUSTECH VC, Ologunorisa, at 60Poroye Inspects Aboto–Atijere Road, Water Treatment Plant as OSOPADEC Intensifies Infrastructure DriveIkale elite team on Medical City Project confers with Senator FaduyileEbola Investigation: Uganda Calls For Travel Records As Nigeria Tracks 44 Contacts.2027 Elections: DSS Arrests Suspects Over Alleged Plot Against INEC Ad Hoc Staff.Prioritize your health, Faduyile charges Nigerian DoctorsDelta Deploys 1,000 Armed Forest Guards To Protect Communities And Businesses.Oyo Government Resignations Rise To 12 As Four More Appointees Quit.Zamfara Insecurity: Angry Youths Chase Deputy Governor From Gwashi Community.SERAP Seeks Court Order For INEC To Account For ₦126bn.Former Delta Governor Emmanuel Uduaghan Dies At 71Abodi of Ikale, Oba Faduyile felicitates Otayemi on 40 years at the barMimiko @ 72: You are an accomplished state man- FaduyileAiyedatiwa Presses Tinubu, Umahi to Retain Original Lagos-Calabar Coastal Road Alignment — PoroyeRivers Police Probe Alleged Cultists’ Renovation Of Abuloma Post.Zamfara Plans Dangote Shares For Over 36,000 Residents.IYC Demands Public Release Of Lagos-Calabar Highway Plans.Kwankwaso Defends Obi’s Economic Data In Debate With Shettima.Ayodele Questions Electoral Value Of Defections To APC.Senator Faduyile AI Empowerment for Ondo South youths closes a real digital opportunity gap -Olatunji, AI trainerFaduyile wants end to criminalization of failed suicide attemptsZamfara Attacks Displace Over 300 Residents As Death Toll Rises.Fake PFIPC Case Moves To FCT High Court After Federal Court Drops Charges.Oriire School Abduction: Witness Says Kidnappers Sought Release Of Detained Leaders.NYSC Feeding Budget Increase Expected From 2027.Senator Faduyile takes Aiyetoro ocean incursion to SenateFaduyile advocates quality medical education as condition for UHCFufore Mourns Second Council Chairman In 18 Months.Kogi Councillor Dies Days After Abduction.2027 Elections: INEC Warns Candidates Over Vote Buying.Lagos Universities Resume Classes As ASUU Suspends Strike.Fuel Discount: FG Defends 30-Day Relief Amid Election Concerns.Abuja Blackout: Power Cuts Disrupt Businesses, Water Supply.Senator Faduyile hosts Cancer Society, assures of Legislative collaboration on advocacyFaduyile to Chief of Air Staff: accept my condolencesOndo Air Crash: Investigation Shifts Focus To Military Aviation Safety.Imo NYSC Abduction: Joint Security Operation Secures Release Of 20.Igbokoda plane crash: Senator Faduyile commiserates with victims’ familiesIgbokoda Air Crash: Nejo Mourns Fallen NAF Officers, Condoles FamiliesIgbokoda helicopter crash: Senator Faduyile commiserates with victims’ familiesTeachers remain backbone of national development, says Fed Poly Ile-Oluji Rector, EbelokuSenator Faduyile to teachers: Your reward is on earth and in heavenCaracas Claim Puts Focus On Nigeria’s Economic Starting PointNNPCL Accounts: Atiku Demands Clarity On N11.2tn Federal Receivables.Oborevwori’s Church Role Triggers Debate Over Public Office And Faith.Senator Faduyile empowers over 300 Ondo South youths on IT, AI trainingSenator Faduyile preaches universal health insurance as Bishop Olayinka gifts Osi Ekiti Medical CenterSenator Faduyile hails Mimiko at 72Independence Day: Economic Reforms Spark Fresh Political Debate.Rivers 2027: ADC Candidate Raises Alarm Over Political Participation.
Sat. Nov 14th, 2026

Banks suspend new applications for CBN Anchor Borrowers, other funds

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  • January 9, 2024
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Banks suspend new applications for CBN Anchor Borrowers, other funds

Tamarauemi Ebimini

Nigerian deposit money banks have halted accepting new loan applications under the Central Bank of Nigeria’s (CBN) development finance intervention funds. This development was disclosed through a notification sent to customers by Access Bank on Monday.

This followed an earlier announcement in December 2023 by the CBN officially discontinuing the processing of new loan applications under its existing development finance intervention funds.

These programs include the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Accelerated Agricultural Development Scheme (AADS), Anchor Borrowers Program (ABP), Agri-Business/Small and Medium Enterprises Investment Scheme (AGSMEIS), and the Real Sector Support Fund (RSSF).

The communication from Access Bank also emphasized that all existing CBN development finance intervention funds with approved interest rates will remain unchanged. Customers are expected to fully repay these existing loans in accordance with agreed terms and conditions.

This unexpected decision to suspend new applications for CBN funds raises questions about the potential implications for businesses and individuals seeking financial support amid economic challenges.

Stakeholders are closely monitoring the situation for further developments.

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