CBN announces 6 initial policy responses to combat Covid-19 scourge on economy

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CBN announces 6 initial policy responses to combat Covid-19 scourge on economy

Central Bank of Nigeria has set up a N1.1 trillion ($3 billion) intervention fund for Coronavirus. N620 million ($1.7 million) was budgeted to combat it in Nigeria earlier in February.

CBN will also create a $136.2 million fund for businesses, families affected by coronavirus.

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