Regulatory Alerts2018-02-19 | FPR/DIR/CIR/GEN/01/031Added · Updated
Amendment to the Commercial Agriculture Credit Scheme (CACS) Guidelines
The Central Bank of Nigeria (CBN) has revised its Commercial Agriculture Credit Scheme (CACS) Guidelines to include Non-Interest Financial Institutions (NIFIs). The scheme aims to promote commercial agricultural enterprises in Nigeria by providing concessionary funding, with a focus on reducing exclusion rates and improving access to finance. The CBN will continue to review guidelines for other intervention funds to meet the needs of the non-interest banking public. The scheme is set to terminate on September 30, 2025.
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