CBN Announces Response Measures To Tackle COVID-19 Menace - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / CBN Announces Response Measures To Tackle COVID-19 Menace (174 Views)
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| CBN Announces Response Measures To Tackle COVID-19 Menace by Ravon: 3:12pm On Mar 16, 2020 |
The Central Bank of Nigeria (CBN) has announced six initial policy measures to mitigate the impact of COVID-19 pandemic on the Nigerian economy. These measures include: - Extension of a moratorium on loans - Interest rate reduction - Creation of N50 billion fund - Credit support for the healthcare sector - Regulatory forbearance - Strengthening of loan-to-deposit rate policy. More analysis to follow. SOURCE: https://brandspurng.com/2020/03/16/cbn-announces-response-measures-to-tackle-covid-19-menace/
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| Re: CBN Announces Response Measures To Tackle COVID-19 Menace by KaideeGee(m): 3:14pm On Mar 16, 2020 |
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