COVID-19: 17 banks seek CBN approval to restructure 32,000 loans
In apparent reflection of the severe impact of the COVID-19 pandemic on the economy, 17 banks have written to the Central Bank of Nigeria (CBN) for permission to restructure 32,000 loans granted to individuals and businesses
COVID-19: CBN ready to support domestic vaccine production with N100b — Emefiele
THE Governor, Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, has announced that the apex bank is ready to support researchers, science-based institutions and biotechnology firms with N100 billion grant in the quest for a homegrown vaccine to fight Corona Virus (COVID-19) in Nigeria. The apex bank governor, who spoke at the commissioning of ThisDay […]
CBN’s COVID-19 STIMULUS PACKAGE: Analysts examine gains so far
*Forbearance on financial assets of banks By Emeka Anaeto, Business Editor By end of this week, the Nigerian economy would be completing its second month under an unprecedented stimulus regime. The businesses which are just wriggling out of a lockdown would have been fully or partially adjusted to a new normal in terms of the […]
COVID-19: CBN to give grants to scientists, researchers to aid produce local vaccines ― Emefiele
—Virus has reawakened collaboration between critical partners—SGF —Equipment for public hospitals later – Sahara Group —As donations by private sector hits N27bn By Johnbosco Agbakwuru ABUJA—-THE Central Bank of Nigeria, CBN, on Tuesday, disclosed that it was developing a framework that would provide grants and long term facilities for researchers, science institutions and biotechnology firms […]
COVID-19: CBN ready to support home grown vaccine – Emefiele
The Governor Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, has announced that the apex bank is ready to support researchers, science-based institutions and biotechnology firms with N100b grant in the quest for a homegrown vaccine to fight Corona Virus Disease in Nigeria.
COVID-19: CBN, Bankers’ committee suspend retrenchment of banks’ staff
The Central Bank of Nigeria (CBN) and Bankers’ Committee on Sunday suspended retrenchment or laying-off of any staff of banks, whether full or part-time. The CBN Director, Corporate Communications Department, Mr. Isaac Okorafor made this known in a statement in Abuja. Okorafor explained that the decision was taken to minimise and mitigate the negative impact […]
