Covid-19 Series

COVID-19: UNDERSTANDING THE IMPLEMENTATION OF THE CBN N50 BILLION TARGETED CREDIT FACILITY

The Central Bank of Nigeria (“CBN”), in its Press Release of March 16, 2020 (“Press Release”), introduced six (6) policy measures in response to the Covid-19 outbreak. One of them was the creation of a N50 Billion Targeted Credit Facility Scheme (“the Scheme”) which was to be extended through the NIRSAL Microfinance Bank (“NMFB”) as […]