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Tag: Emefiele
COVID-19: How Banks, Private Sector Operators Provide Funding, Capacity Building
March 30, 2020
The Coronavirus (COVID-19) pandemic is real in Nigeria with nearly 100 confirmed cases recorded so far in the country. But government, banks and private sector leaders are taking steps to curb the spread of the ...
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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: 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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