COVID19 Intervention Loans: Why Some Applicants Haven’t Received Theirs

The TCF (Targeted Credit Facility) has now recorded over 80,000 loan applicants. However, there have been complaints by applicants of a delay in receiving loans. The Managing Director of NIRSAL Microfinance Bank Plc, Abubakar Kure gave reasons for this, stating that the nationwide lockdown and restrictions had been a major challenge to the smooth processing …

The CBNs Policy Measures Set To Aid Businesses, Households and Other Stakeholders Through the Pandemic.

To further its commitment to ensuring financial stability in the country, the CBN has provided support via policy measures to households, businesses, financial institutions and other stakeholders, to help lessen the economic impacts created by the pandemic. The policy measures are: EXTENSION OF MORATORIUM: Effective March 1, 2020, all and any intervention loans under moratorium …

COVID-19 Is A Controllable Pandemic: How You Can Help Control It.

COVID-19 “is a controllable pandemic” if countries step up measures to tackle it, the Director General, World Health Organisation, Tedros Adhanom Ghebreyesus said on Thursday, iterating that describing the COVID-19 outbreak as a pandemic should not mean despair.  “This is a controllable pandemic,” he said, according to a statement of his remarks. “To save lives …