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Nigeria's Central Bank Responds to COVID-19

Nigeria's central bank will create a U.S.$163 million fund to combat the impact of the coronavirus pandemic and allow banks to give their customers more time to repay loans.

Nigeria: Central Bank to Inject Additional N1trillion into Economy for COVID-19

Premium Times, 18 March 2020

The Central Bank of Nigeria (CBN) on Wednesday announced a plan to raise its intervention in all critical sectors of the economy by another N1 trillion in response to the ravaging… Read more »
Nigeria: COVID-19 - CBN to Inject N1trn to Reflate Economy

Daily Trust, 19 March 2020

Barely 48 hours after it announced a six-point palliative to ameliorate the continued impact of the coronavirus on the nation's economy and supply chains, the Central Bank of… Read more »
Nigeria: CBN Unveils Measures to Cushion COVID-19 Impact On Economy

This Day, 17 March 2020

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday unveiled a number of policy initiatives aimed at reducing the adverse impacts of COVID-19 pandemic… Read more »

Central Bank of Nigeria.

Nigeria: Coronavirus - CBN Slashes Interest Rates On Intervention Funds to 5%

Daily Trust, 16 March 2020

The Central Bank of Nigeria (CBN) has dropped interest rates on all its intervention funds from 9 percent to 5 percent. Read more »
Nigeria: Coronavirus - CBN Cuts Interest Rates, Provides N50 Billion Credit

Premium Times, 16 March 2020

The Central Bank of Nigeria has announced its first set of policies to cushion the negative impact the deadly coronavirus on Nigerian businesses and economy. Read more »

InFocus

COVID-19 Threat Not Over for Nigeria

Vice President Yemi Osinbajo has advised Nigerians to continue to obey hygiene advisories, saying the threat posed to the country Nigeria by the coronavirus is not yet over. While ... Read more »
- Nigeria: Why Nigeria Knows Better Than U.S. How to Fight Novel Coronavirus
- Nigeria: Coronavirus - We'll Explore All Options to Protect Nigerians From Economic Impact - Buhari

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