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SERAP asks FG, CBN to provide spending details on COVID-19 relief funds, school feeding

Socio-Economic Rights and Accountability Project (SERAP) has asked the Federal Government and Central Bank of Nigeria (CBN) to “provide spending details of public funds and private sector donations to provide socio-economic benefits to the country’s poorest and most vulnerable people, including details of beneficiaries of any cash payments, cash transfers, food distribution and other benefits during the lockdown in Abuja; Lagos and Ogun states because of COVID-19.”

CBN says contributions to its COVID-19 relief fund hit N15bn

The Central Bank of Nigeria (CBN) on Wednesday said that monetary contributions to its relief fund under the auspices of Private Sector Coalition Against COVID-19 (CACOVID) stood at N15 Billion. CBN Director of Corporate Communications, Isaac Okorafor, said in a statement in Lagos that the donations were from 37 donors, including individuals, banks and other […]

COVID-19: CBN begins provision of medical facilities in 6 geo-political zones

The Central Bank of Nigeria (CBN) says it has commenced work to provide and equip medical facilities in the six geopolitical zones to help contain the spread of COVID-19 pandemic in the country. The bank’s Director, Corporate Communications, Mr Isaac Okorafor made this known in a statement in Abuja on Monday. According to the statement, […]

COVID-19: CBN suspends cheque clearing till further notice

By Babajide Komolafe The Central Bank of Nigeria (CBN) yesterday said it has suspended the clearing of cheques till further notice. The apex bank said this development was in view of the locked down in Lagos State, Abuja and Ogun State and the need to ensure hitch-free clearing and settlement activities. Director, Banking Services, Department, […]

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