Covid-19 Series

COVID-19: SOME OF THE DIFFICULTIES IN ACCESSING THE CBN’S N50 BILLION TARGETED CREDIT FACILITY

A. Introduction On March 23, 2020, the Central Bank of Nigeria (“The CBN”) in an effort to mitigate the negative economic impact of the COVID-19 on households, micro, small and medium scale enterprises, released the Guidelines for the Implementation of the N50 Billion Targeted Credit Facility (“The Guidelines”). The only participating bank – NIRSAL Micro […]