Business
Coronavirus pandemic: CBN disburses N100bn loan assistance to health laboratories
The Central Bank of Nigeria (CBN) on Wednesday announced N100 billion loan support to health laboratories in Nigeria.
The CBN Governor, Godwin Emiefele, explained that the loan scheme is part of the CBN’s intervention in the economy following the impact of COVID 19.
Emiefele also disclosed that that the CBN has increased its intervention in the manufacturing sector with N1 trillion loan aid.
Emefiele, therefore, directed all commercial banks in the country to assist pharmaceutical companies and the Healthcare industry.
The CBN Governor assured that the Bank will in few days continue to disburse funds its support for the economy.
-
Comments and Issues6 days agoCan President Tinubu Revive Nigeria’s Moribund Refineries?
-
Business6 days agoTikTok, ByteDance agree to $400m settlement in US children’s privacy case
-
Business6 days agoTinubu knocks Atiku’s subsidy plan, says proposal shows ‘ignorance’ of economy
-
Entertainment1 week agoPoco Lee faces rape allegation as unverified UK arrest report spreads online
-
Football6 days agoEPL 2026/27: Experts back Arsenal for title as Haaland, Rice lead individual award picks
-
Entertainment3 days agoMiss World 2026: Four Continental winners battle for automatic top 20 spot (VIDEO)
-
Featured6 days agoEconomic Reality vs Party Machinery: What will drive Nigeria’s 2027 election?
-
Featured6 days agoMLS fines Lionel Messi for striking Philadelphia Union’s Quinn Sullivan