CBN Policy Measures in Response to COVID-19 Outbreak

CBN Policy Measures in Response to COVID-19 Outbreak

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Summary

The Central Bank of Nigeria (CBN) announced the following measures:

  • Extension of moratorium
  • Interest Rate deductions
  • Creation of N50bn targeted credit facility
  • Credit support for the healthcare industry
  • Regulatory forbearance
  • Strengthening of the CBN LDR

Source: Central Bank of Nigeria

Published: 2020

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