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Tag: coronavirus
CBN Cuts Special Interest Rate To 5%, Orders Banks To Adjust Loan Terms
March 16, 2020
The Central Bank of Nigeria (CBN) on Monday ordered all deposit money financial institutions in the country to restructure loan terms and tenors to households and businesses affected by the coronavirus outbreak. LagosTimes reports that ...
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Coronavirus: Ghana Bans Gathering In Religious Places, Shuts Down Schools
March 16, 2020
Ghanaian authorities on Monday said, as part of the measure to curtail the spread of coronavirus it will be closing down schools, including universities and also suspending public events which will see cluster gathering at ...
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Coronavirus: CBN Mulls Interest Rate Reduction As Economic Slump Persists
March 16, 2020
As the malignant coronavirus continues to have a telling impact on the world economy and every other imaginable aspect of human endeavour, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele says the ...
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