Trending News: Ondo flooding: Olabode calls for govt help over challengeOlabode Omoyele congratulates Jimi Odimayo on his Primary’ victory Cleric Raises Concerns Over Presidential Decision Making, Urges Receptiveness to AdviceOyedepo Calls for Urgent Action as Security, Economic Concerns Dominate Public Discourse.Governor Aiyedatiwa Commissions OSOPADEC’s 1km Walkway, Flags Off Additional 3km Concrete Walkway, Inaugurates Water Scheme in Obe-NlaOkitipupa flood: Senator Faduyile commiserates victims, promises to raise Aiyetoro challenge at plenaryAAUA ASUU strike: Olabode hails Aiyedatiwa’s release of intervention fundPeace Committee Urges Calm as Osun Leaders Sign Pre-Election Accord.FG Intensifies Crackdown on Illegal Arms, Destroys 2,819 Weapons in Abuja.Atiku Shifts Focus to Economy, Security in Fresh Response to Tinubu’s 2027 Remarks.Police Restrict Election Security to Approved Agencies Ahead of Osun Governorship Poll.Gratitude Visit to the Palace: Otunba (Dr.) Oluyemi Badero Reaffirms Commitment to Esure Kingdom’s DevelopmentFaduyile felicitates Senate Leader, Opeyemi Bamidele on birthdayFaduyile felicitates Senate Leader, Opeyemi Bamidele on birthdayINEC Strengthens Election Safeguards Despite Attack on Osun PVC Centre.Oyebanji Honours Former Ekiti Governors With State Buildings Named After Them.ROYAL SPLENDOUR AS OBA KASALI MARKS 5TH CORONATION ANNIVERSARY, HONOURS DR OLUYEMI BADERO WITH OTUNBA BOBAGUNWA TITLENigeria Pushes for Stronger Diplomatic Safeguards Amid Renewed Xenophobia Concerns.Police Step Up Election Security After Armed Attack Disrupts PVC Distribution in Osun.It is time for APC to unite again in Ondo State- Olabode Omoyele Sowore Urges Technology-Driven Reforms as Nigeria Faces Fourth Industrial Revolution.Accord Party Backs Tinubu, Seeks Peaceful Osun Governorship Election.Families Mark Nearly Six Months Of Agony As 176 Abductees Remain Missing In Kwara.Ondo Multi-door Courthouse stakeholders engagement holds in Akoko as CJ promises ADR centerOSOPADEC Rejects Links to Ondo Assembly Crisis and Warns of Legal ActionState Police Bill Sparks Fresh Debate Over Legislative Procedure.New Security Outfit Targets Forest Hideouts As Insecurity Concerns Grow In Kwara.Senate Pushes Plan To Drive Jobs, Investment Through Local Offices For Social Media Firms.Oyo EFCC Dispute Raises Fresh Debate Over Limits Of Investigative Powers.Faduyile announces Senator Meroyi’s death at the SenateOlabode Omoyele congratulates Prince Bamgbose on his birthday Service Wide Vote Dispute Renews Calls for Budget Transparency.Fubara Declares End to Political Rift, Calls for Unified Support Ahead of 2027.Olabode expresses grief over Senator Meroyi’s deathNew Army Battalion Approved as Kwara Moves to Strengthen Security Response.Aketi @70: The Lion of Ondo Still Roars In Our Hearts- Olabode OmoyeleJonathan Says Trust-Building Was Key to Niger Delta Peace Process.Adebutu Pledges Local Government Autonomy, Alleges Diversion of Council Funds by Governors.Internal Accord Party Rift Raises Fresh Questions Over 2027 Electoral Strategy.Finance Minister Defends Debt Figures, Says Public Borrowing Has Been Misrepresented.Borno Education Summit Pushes for Stronger School Safety After Fresh Student Abductions.One year on: Ezekiel Imoleayo Adeniran,the Registrar who did not shout to be heard but worked to be rememberedOlabode to Oba Akinrutan: I most heartily celebrate your Imperial Majesty Group Seeks Greater Transparency as Calls Grow for Independent Probe into Mary Habila’s Death.US Aid to Nigeria Faces New Conditions Over Religious Violence Concerns.APGA Prioritises Legislative Contests, Backs Tinubu for 2027 Presidency.Reps Promise Strong Safeguards Against Abuse in Proposed State Police System.Senator Faduyile felicitates Ondo Governor’s wife over birthdayNCDC Urges Vigilance as Lassa Fever Cases Rise Across Four States.Court Affirms Teachers’ Retirement Protection, Voids FG’s Eight-Year Director Tenure Policy.INEC Stands by ADC 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Infrastructure Expansion.Senator Faduyile to Olowo of Owo on his 60th birthday:You are an epitome of royal integritySenator Faduyile congratulates Bibo’ Ajube at 50,says his leadership has engendered growth of Arogbo -Ibe kingdomCourt Preserves Status Quo in Ore Chieftaincy Dispute Pending Final JudgmentNigeria Seeks Justice, Urges Stronger Protection for Citizens in South Africa.Get-together holds to celebrate Senator Faduyile … stakeholders offer suggestions on Ondo South concernSurvivors Begin Recovery After 65 Days in Captivity as Ekiti Rescue Operation Ends.Calls Grow for Independent Probe into Osun Assassination Plot Investigation.Governance Stalls as Leadership Crisis Deepens in Delta CouncilOlabode mourns ex-NAOSS President, Mary Ogunga’s demiseLagos Intensifies School Safety Drive Against Bullying, Cultism and Abuse.Atiku Demands Independent Probe Over Alleged PFIPC Activities.Sowore mourns Mary Ogunga, says young people’s death heart breakingNYSC reforms: Olabode says step in right directionNBA election: Barr. 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Trending News: Ondo flooding: Olabode calls for govt help over challengeOlabode Omoyele congratulates Jimi Odimayo on his Primary’ victory Cleric Raises Concerns Over Presidential Decision Making, Urges Receptiveness to AdviceOyedepo Calls for Urgent Action as Security, Economic Concerns Dominate Public Discourse.Governor Aiyedatiwa Commissions OSOPADEC’s 1km Walkway, Flags Off Additional 3km Concrete Walkway, Inaugurates Water Scheme in Obe-NlaOkitipupa flood: Senator Faduyile commiserates victims, promises to raise Aiyetoro challenge at plenaryAAUA ASUU strike: Olabode hails Aiyedatiwa’s release of intervention fundPeace Committee Urges Calm as Osun Leaders Sign Pre-Election Accord.FG Intensifies Crackdown on Illegal Arms, Destroys 2,819 Weapons in Abuja.Atiku Shifts Focus to Economy, Security in Fresh Response to Tinubu’s 2027 Remarks.Police Restrict Election Security to Approved Agencies Ahead of Osun Governorship Poll.Gratitude Visit to the Palace: Otunba (Dr.) Oluyemi Badero Reaffirms Commitment to Esure Kingdom’s DevelopmentFaduyile felicitates Senate Leader, Opeyemi Bamidele on birthdayFaduyile felicitates Senate Leader, Opeyemi Bamidele on birthdayINEC Strengthens Election Safeguards Despite Attack on Osun PVC Centre.Oyebanji Honours Former Ekiti Governors With State Buildings Named After Them.ROYAL SPLENDOUR AS OBA KASALI MARKS 5TH CORONATION ANNIVERSARY, HONOURS DR OLUYEMI BADERO WITH OTUNBA BOBAGUNWA TITLENigeria Pushes for Stronger Diplomatic Safeguards Amid Renewed Xenophobia Concerns.Police Step Up Election Security After Armed Attack Disrupts PVC Distribution in Osun.It is time for APC to unite again in Ondo State- Olabode Omoyele Sowore Urges Technology-Driven Reforms as Nigeria Faces Fourth Industrial Revolution.Accord Party Backs Tinubu, Seeks Peaceful Osun Governorship Election.Families Mark Nearly Six Months Of Agony As 176 Abductees Remain Missing In Kwara.Ondo Multi-door Courthouse stakeholders engagement holds in Akoko as CJ promises ADR centerOSOPADEC Rejects Links to Ondo Assembly Crisis and Warns of Legal ActionState Police Bill Sparks Fresh Debate Over Legislative Procedure.New Security Outfit Targets Forest Hideouts As Insecurity Concerns Grow In Kwara.Senate Pushes Plan To Drive Jobs, Investment Through Local Offices For Social Media Firms.Oyo EFCC Dispute Raises Fresh Debate Over Limits Of Investigative Powers.Faduyile announces Senator Meroyi’s death at the SenateOlabode Omoyele congratulates Prince Bamgbose on his birthday Service Wide Vote Dispute Renews Calls for Budget Transparency.Fubara Declares End to Political Rift, Calls for Unified Support Ahead of 2027.Olabode expresses grief over Senator Meroyi’s deathNew Army Battalion Approved as Kwara Moves to Strengthen Security Response.Aketi @70: The Lion of Ondo Still Roars In Our Hearts- Olabode OmoyeleJonathan Says Trust-Building Was Key to Niger Delta Peace Process.Adebutu Pledges Local Government Autonomy, Alleges Diversion of Council Funds by Governors.Internal Accord Party Rift Raises Fresh Questions Over 2027 Electoral Strategy.Finance Minister Defends Debt Figures, Says Public Borrowing Has Been Misrepresented.Borno Education Summit Pushes for Stronger School Safety After Fresh Student Abductions.One year on: Ezekiel Imoleayo Adeniran,the Registrar who did not shout to be heard but worked to be rememberedOlabode to Oba Akinrutan: I most heartily celebrate your Imperial Majesty Group Seeks Greater Transparency as Calls Grow for Independent Probe into Mary Habila’s Death.US Aid to Nigeria Faces New Conditions Over Religious Violence Concerns.APGA Prioritises Legislative Contests, Backs Tinubu for 2027 Presidency.Reps Promise Strong Safeguards Against Abuse in Proposed State Police System.Senator Faduyile felicitates Ondo Governor’s wife over birthdayNCDC Urges Vigilance as Lassa Fever Cases Rise Across Four States.Court Affirms Teachers’ Retirement Protection, Voids FG’s Eight-Year Director Tenure Policy.INEC Stands by ADC Candidate List as Leadership Dispute Deepens.Sowore Demands Wider Investigation as PFIPC Case Heads to Court.Olabode congratulates Obamuyi, salutes Aiyedatiwa’s VC choice.Retaining Shetima as VP reflects Tinubu’s sportmanship- OlabodeExperts Warn AI Could Strengthen Extremist Operations Beyond Propaganda.Atiku Urges Security First Leadership After Oyo Schoolchildren Regain FreedomSenator Faduyile congratulates Rector, Fed Poly, Ile Oluji on birthdayOlabode Omoyele hails rescue of Oyo kidnapped victimsSenator Faduyile hails rescue of Oriire kidnap victims, salutes President Tinubu, Oyo GovernorFrom Ila Orangun to the Rector’s Lodge: The Making of Dr. Ademola Ebeloku at 59FG Pushes Stronger Security Response as Sokoto Deploys N27.1bn Assets.PFIPC Budget Claims Renew Calls for Independent Probe.Intelligence Led Rescue Effort Raises Hope for Abducted Oyo Schoolchildren.FG Begins Legal Framework for State Police as Security Reform Advances.Tinubu Links FCTA Financial Autonomy to Abuja Infrastructure Expansion.Senator Faduyile to Olowo of Owo on his 60th birthday:You are an epitome of royal integritySenator Faduyile congratulates Bibo’ Ajube at 50,says his leadership has engendered growth of Arogbo -Ibe kingdomCourt Preserves Status Quo in Ore Chieftaincy Dispute Pending Final JudgmentNigeria Seeks Justice, Urges Stronger Protection for Citizens in South Africa.Get-together holds to celebrate Senator Faduyile … stakeholders offer suggestions on Ondo South concernSurvivors Begin Recovery After 65 Days in Captivity as Ekiti Rescue Operation Ends.Calls Grow for Independent Probe into Osun Assassination Plot Investigation.Governance Stalls as Leadership Crisis Deepens in Delta CouncilOlabode mourns ex-NAOSS President, Mary Ogunga’s demiseLagos Intensifies School Safety Drive Against Bullying, Cultism and Abuse.Atiku Demands Independent Probe Over Alleged PFIPC Activities.Sowore mourns Mary Ogunga, says young people’s death heart breakingNYSC reforms: Olabode says step in right directionNBA election: Barr. Morebise emerges new chair Okitipupa NBA branchNDC Pushes Ahead With Candidate Nominations Despite Court Dispute.Bayelsa Orders Fresh Traditional Leadership After Swali Security Review.FG Moves to Tackle School Dropout Crisis with Secondary Education Overhaul.WhatsApp Expands Privacy Controls with New Username System.FEC Targets Youth Employability With Major NYSC Reform Package.NANS Demands Action Over Attacks On Nigerians, Threatens Protest Against South African Businesses.44 Days in kidnappers den: do not forget the Oriire abductees, Olabode tells Nigerians  Benue Police Intensify Murder Probe, Arrest 10 Over MACBAN Chairman’s Killing.Sahel Attack Renews Border Security Concerns After ISIS Video Emerges.Integrated Security System Leads To Arrest Of Seven Terror Suspects.FG Moves To Safeguard Voter Data Ahead Of 2027 Elections.Olabode reiterates modern template for state police structureOlabode Omoyele backs State Police creationCAN Issues Fresh Security Guidelines As Kidnapping Fears Grow.Romance Scam Conviction Highlights Growing Online Fraud Risks.State Police Debate Shifts to Funding, Oversight Questions.Olabode to Oyebanji: Your Guber victory is a confirmation of your acceptabilityFaduyile, 3 other Senators take oath of office at Senate
Mon. Aug 3rd, 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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