Nigeria, March 19 -- With an estimated N10.3 trillion in funding, the Central Bank of Nigeria's Intervention Funds Programme has a 75.8% repayment record.

The study also claims that N418.9 billion of the total loans disbursed are still questionable and that N193 billion of the total has been declared lost.

A report that breaks down the bank's intervention money over time provides this information.

The records, which bank officials last updated in September 2023, were exclusively obtained by The News Chronicles.

Out of the N10.3 trillion in intervention money, the report states that N4.4 trillion had been returned, leaving over N5.8 trillion unpaid. Certain loans are tenured, which means that they become due only when the principal is ...