Trending News: Rt.Hon.Jumoke Akindele, APM Senatorial Candidate, Adeolu Akinwumi express concern over cause of voters low turn outTsiga’s Revelations Renew Calls For Probe Into Bandit Networks.Ekiti Poll Material Discrepancies Raise Questions Over Election Administration.Chris Ayebusiwa lauds INEC over Ondo South by-electionProf.Faduyile casts vote says, process commendableNigerian Diaspora Think Tank Group, NDTT backs Dayo FaduyileOlabode Omoyele urges Ondo South voters to elect FaduyileNIPSS Attack Triggers Sweeping Security Overhaul.Vote-Buying Allegation Puts Election Integrity in Focus Ahead of Ekiti Poll.2027 Rhetoric Raises Fresh Questions About Political Tolerance.Olabode celebrates Taiwo Oyedele on his 50th birthday‎By-election rally :Ondo South stands still for Faduyile as Adelami, Agagu, Kolawole, Oke call for massive votesRevitalization of Olokola blueprint: Olabode commends Gov. AiyedatiwaOsedele gives APC strong pass mark, says Faduyile’s victory is a done dealCash Transfer Drive Expands Financial Inclusion as 110,517 Bauchi Households Enter Federal Support Scheme.Be steadfast in religious work, Olabode tells Muslims as Islamic New Year beginsSouth West needs to take security more seriously – Olabode OmoyelePolytechnic Rector greets Muslim on Islamic New YearDeregistration Ruling Sparks Fresh Debate Over Nigeria’s Multiparty Democracy.Ondo Bets on Jobs, Industry as Dangote Unveils Massive Investment Plan.Nigerian Group in Diaspora elects new Exco members as Femi Ayetiran emerges ChairmanEKITI VOTE: PDP RALLIES BEHIND OLUYEDE AS CAMPAIGN ENDSSecurity Experts Demand Stronger Action As Insecurity Debate Intensifies.Fear Returns As School Attack Disrupts Learning In Chibok Community.Badenoch’s Remarks Renew Focus On Nigeria’s Power Policy Challenge.Abodi congratulates Olofun over presentation of staff of OfficeAiyedatiwa drums support for Faduyile on Ondo South by-electionWarri Dialogue Signals New Push For Lasting Electoral Peace.Ex-Military Chief’s Death Raises Fresh Concerns Over Kidnap Crisis.June 12 represents courage, sacrifice for Democracy- Dr. EbelokuJune 12: Democracy has come to stay, says Olabode OmoyeleProf. Faduyile hails heroes of DemocracyJune 12 Protest Call Gains Momentum Across Civic Groups.State Police Proposal Nears Critical Vote In House.School Security Fears Grow After Fresh Attack Targets WAEC Candidates.Anthony Olasele backs Prof. Dayo Faduyile, says he is preferred choice for Ondo SouthWorld Environment Day: OSOPADEC Chairman Seeks Global Support for Aiyetoro, Coastal CommunitiesADC Leadership Dispute Deepens As Court Weighs Judge’s Withdrawal.State Police Proposal Moves Closer To Reality As Senate Prepares Final Vote.State Police Proposal Moves Closer To Reality As Senate Prepares Final Vote.Olabode Omoyele advises Babachir Lawal over ADC primaries’ fall outProf. Faduyile sets the record straight on ‘Mandate arena’, reveals development plans for Ondo SouthEight Lives Lost Defending Borno Community From Dawn Attack.False Bandit Alert Sparks Fresh Warning On Social Media Misinformation.Kanu Appeal Shifts Focus To Judicial Scrutiny And Legal Process.Olabode Omoyele says Prof. Faduyile will be a quality replacement for Jimoh Ibrahim, salutes latter’s UNO election victory.CDQ Raises Concerns Over Opportunities For Emerging Music Talents.Atiku Pushes For Security Policy Review As Attacks Persist.School Abductions Trigger Fresh Calls For Stronger Protection Of Learners.Workers’ Rights Ranking Raises Fresh Questions Over Labour Protections In Nigeria.Prof. Faduyile congratulates Amb. Jimoh Ibrahim on his UN election victoryObi Raises Alarm As School Abductions Renew Focus On Child Safety.RCCG Moves To Clarify Adeboye’s Public Positions Amid Growing Online Debate.Birmingham Stands Still As Chief & Lolo Eric Okorie Celebrate Son’s Baptism In Grand StyleOlabode Omoyele raises concern over Oyo kidnapped victims, prays for their safe returnPolitical Exchange Sparks Debate Over Tone of Public Discourse.140 Officers Lost In One Year: Police Spotlight Cost Of Keeping Abuja Safe.PDP Dispute Deepens As Rival Factions Clash Over Party Authority.Cholera Surge Puts Pressure on Borno Health Response.PDP Faces Fresh Internal Strain Over Membership And Party Loyalty Dispute.Olabode Omoyele congratulates Tinubu, all democrats on Democracy anniversary  Prof.Faduyile commends Tinubu’s bold reforms, congratulates President on 3rd year anniversaryOpposition Figures Hold Consultative Talks On National Stability And Economic Pressure.Children’s Day Panic Raises Fresh Questions Over Crowd Safety In Edo.Ebola Alert Triggers Nationwide Emergency Readiness Measures.Fulani Group Warns Against Ethnic Blame In Nigeria’s Security Crisis.Kwankwaso Remarks Reignite Debate Over Political Mentorship In Kano.Eid -El Kabir celebration: Olabode tasks muslims on piety and sacrificial givingFaduyile salutes Nigerian children, says future belongs to themPoly Rector, Dr. Ebeloku felicitates Muslims on Eid -el Kabir celebrationOlabode Omoyele to Nigerian Children : with you, future is brightProf.Faduyile congratulates Muslims on Eid -el Kabir celebrationOlabode Omoyele says Tinubu means well for Nigeria, congratulates him over APC Presidential poll  By-election:Prof. Faduyile clinches Ondo South APC Ticket, salutes all stakeholders for supportDagogo’s Emergence Signals Fresh Governance Debate In Rivers.APC Direct Primary Test Faces Questions Over Internal Competition.ADC Youths Push Zoning Debate To Forefront Ahead Of 2027 Primaries.APC Youth Protest Deepens Rift After Kwara Governorship Primary.Olabode Omoyele congratulates victorious APC Assembly members: Aiyebusiwa,Gbegudu, Akinyelure    APC Projects Unity In Rivers As Chinda Emerges Sole Governorship Candidate.Presidency Raises Alarm Over Fake Reports Ahead Of Election Season.Hon.Chris Ayebusiwa wins APC Assembly ticket, emerges Party’s flag bearerOlabode Omoyele sues for calm as aspirants await primaries’ result.Olabode Omoyele hails Tinubu’s ‘I will do more’ rhetoric in KigaliFear Deepens In Oyo Community After Abducted Teacher Reportedly Killed.NDC Tightens 2027 Timeline As Obi Emerges Lone Presidential Aspirant.El-Rufai Detention Deepens Debate Over Due Process, State Powers.Dr. Adeboyeje laid to restFoundation gifts academic, Piggery farmer N1m Grants each for business supportBorno School Abductions Highlight Rising Threats to Children’s Safety.APC Primaries Test Party Unity Ahead Of 2027 Polls.One-Term Promise Sparks Fresh Debate Over Power Rotation Ahead of 2027.APC Primaries Expose Deep Divisions Across States Ahead Of 2027 Polls.Collaborate to have litigation free Primaries- Olabode OmoyeleOlabode Omoyele charges Ikale politicians to allow calm, peace during and after PrimariesAbodi of Ikale congratulates Amapetu on his birthdayCourt Orders Global Hunt As Ex-Minister Gets 75-Year Jail Term Over Power Funds.Fubara Shifts Focus To Healthcare Amid Defection Rumours.
Sun. Jun 21st, 2026
Trending News: Rt.Hon.Jumoke Akindele, APM Senatorial Candidate, Adeolu Akinwumi express concern over cause of voters low turn outTsiga’s Revelations Renew Calls For Probe Into Bandit Networks.Ekiti Poll Material Discrepancies Raise Questions Over Election Administration.Chris Ayebusiwa lauds INEC over Ondo South by-electionProf.Faduyile casts vote says, process commendableNigerian Diaspora Think Tank Group, NDTT backs Dayo FaduyileOlabode Omoyele urges Ondo South voters to elect FaduyileNIPSS Attack Triggers Sweeping Security Overhaul.Vote-Buying Allegation Puts Election Integrity in Focus Ahead of Ekiti Poll.2027 Rhetoric Raises Fresh Questions About Political Tolerance.Olabode celebrates Taiwo Oyedele on his 50th birthday‎By-election rally :Ondo South stands still for Faduyile as Adelami, Agagu, Kolawole, Oke call for massive votesRevitalization of Olokola blueprint: Olabode commends Gov. AiyedatiwaOsedele gives APC strong pass mark, says Faduyile’s victory is a done dealCash Transfer Drive Expands Financial Inclusion as 110,517 Bauchi Households Enter Federal Support Scheme.Be steadfast in religious work, Olabode tells Muslims as Islamic New Year beginsSouth West needs to take security more seriously – Olabode OmoyelePolytechnic Rector greets Muslim on Islamic New YearDeregistration Ruling Sparks Fresh Debate Over Nigeria’s Multiparty Democracy.Ondo Bets on Jobs, Industry as Dangote Unveils Massive Investment Plan.Nigerian Group in Diaspora elects new Exco members as Femi Ayetiran emerges ChairmanEKITI VOTE: PDP RALLIES BEHIND OLUYEDE AS CAMPAIGN ENDSSecurity Experts Demand Stronger Action As Insecurity Debate Intensifies.Fear Returns As School Attack Disrupts Learning In Chibok Community.Badenoch’s Remarks Renew Focus On Nigeria’s Power Policy Challenge.Abodi congratulates Olofun over presentation of staff of OfficeAiyedatiwa drums support for Faduyile on Ondo South by-electionWarri Dialogue Signals New Push For Lasting Electoral Peace.Ex-Military Chief’s Death Raises Fresh Concerns Over Kidnap Crisis.June 12 represents courage, sacrifice for Democracy- Dr. EbelokuJune 12: Democracy has come to stay, says Olabode OmoyeleProf. Faduyile hails heroes of DemocracyJune 12 Protest Call Gains Momentum Across Civic Groups.State Police Proposal Nears Critical Vote In House.School Security Fears Grow After Fresh Attack Targets WAEC Candidates.Anthony Olasele backs Prof. Dayo Faduyile, says he is preferred choice for Ondo SouthWorld Environment Day: OSOPADEC Chairman Seeks Global Support for Aiyetoro, Coastal CommunitiesADC Leadership Dispute Deepens As Court Weighs Judge’s Withdrawal.State Police Proposal Moves Closer To Reality As Senate Prepares Final Vote.State Police Proposal Moves Closer To Reality As Senate Prepares Final Vote.Olabode Omoyele advises Babachir Lawal over ADC primaries’ fall outProf. Faduyile sets the record straight on ‘Mandate arena’, reveals development plans for Ondo SouthEight Lives Lost Defending Borno Community From Dawn Attack.False Bandit Alert Sparks Fresh Warning On Social Media Misinformation.Kanu Appeal Shifts Focus To Judicial Scrutiny And Legal Process.Olabode Omoyele says Prof. Faduyile will be a quality replacement for Jimoh Ibrahim, salutes latter’s UNO election victory.CDQ Raises Concerns Over Opportunities For Emerging Music Talents.Atiku Pushes For Security Policy Review As Attacks Persist.School Abductions Trigger Fresh Calls For Stronger Protection Of Learners.Workers’ Rights Ranking Raises Fresh Questions Over Labour Protections In Nigeria.Prof. Faduyile congratulates Amb. Jimoh Ibrahim on his UN election victoryObi Raises Alarm As School Abductions Renew Focus On Child Safety.RCCG Moves To Clarify Adeboye’s Public Positions Amid Growing Online Debate.Birmingham Stands Still As Chief & Lolo Eric Okorie Celebrate Son’s Baptism In Grand StyleOlabode Omoyele raises concern over Oyo kidnapped victims, prays for their safe returnPolitical Exchange Sparks Debate Over Tone of Public Discourse.140 Officers Lost In One Year: Police Spotlight Cost Of Keeping Abuja Safe.PDP Dispute Deepens As Rival Factions Clash Over Party Authority.Cholera Surge Puts Pressure on Borno Health Response.PDP Faces Fresh Internal Strain Over Membership And Party Loyalty Dispute.Olabode Omoyele congratulates Tinubu, all democrats on Democracy anniversary  Prof.Faduyile commends Tinubu’s bold reforms, congratulates President on 3rd year anniversaryOpposition Figures Hold Consultative Talks On National Stability And Economic Pressure.Children’s Day Panic Raises Fresh Questions Over Crowd Safety In Edo.Ebola Alert Triggers Nationwide Emergency Readiness Measures.Fulani Group Warns Against Ethnic Blame In Nigeria’s Security Crisis.Kwankwaso Remarks Reignite Debate Over Political Mentorship In Kano.Eid -El Kabir celebration: Olabode tasks muslims on piety and sacrificial givingFaduyile salutes Nigerian children, says future belongs to themPoly Rector, Dr. Ebeloku felicitates Muslims on Eid -el Kabir celebrationOlabode Omoyele to Nigerian Children : with you, future is brightProf.Faduyile congratulates Muslims on Eid -el Kabir celebrationOlabode Omoyele says Tinubu means well for Nigeria, congratulates him over APC Presidential poll  By-election:Prof. Faduyile clinches Ondo South APC Ticket, salutes all stakeholders for supportDagogo’s Emergence Signals Fresh Governance Debate In Rivers.APC Direct Primary Test Faces Questions Over Internal Competition.ADC Youths Push Zoning Debate To Forefront Ahead Of 2027 Primaries.APC Youth Protest Deepens Rift After Kwara Governorship Primary.Olabode Omoyele congratulates victorious APC Assembly members: Aiyebusiwa,Gbegudu, Akinyelure    APC Projects Unity In Rivers As Chinda Emerges Sole Governorship Candidate.Presidency Raises Alarm Over Fake Reports Ahead Of Election Season.Hon.Chris Ayebusiwa wins APC Assembly ticket, emerges Party’s flag bearerOlabode Omoyele sues for calm as aspirants await primaries’ result.Olabode Omoyele hails Tinubu’s ‘I will do more’ rhetoric in KigaliFear Deepens In Oyo Community After Abducted Teacher Reportedly Killed.NDC Tightens 2027 Timeline As Obi Emerges Lone Presidential Aspirant.El-Rufai Detention Deepens Debate Over Due Process, State Powers.Dr. Adeboyeje laid to restFoundation gifts academic, Piggery farmer N1m Grants each for business supportBorno School Abductions Highlight Rising Threats to Children’s Safety.APC Primaries Test Party Unity Ahead Of 2027 Polls.One-Term Promise Sparks Fresh Debate Over Power Rotation Ahead of 2027.APC Primaries Expose Deep Divisions Across States Ahead Of 2027 Polls.Collaborate to have litigation free Primaries- Olabode OmoyeleOlabode Omoyele charges Ikale politicians to allow calm, peace during and after PrimariesAbodi of Ikale congratulates Amapetu on his birthdayCourt Orders Global Hunt As Ex-Minister Gets 75-Year Jail Term Over Power Funds.Fubara Shifts Focus To Healthcare Amid Defection Rumours.
Sun. Jun 21st, 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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