DEVELOPMENT BOND IN NIGERIAN BANKS FROM CBN

As part of the efforts by the CBN to show the way towards enhanced financing of the real sector and infrastructure projects, and improve credit flow to the sector, a N500.0 billion fund was established out of which N300 billion is earmarked for Power/Infrastructure projects and Airlines, and N200.0 billion for the Refinancing/Restructuring of banks‘ existing loan portfolios to manufacturers/small and