Nigerian households get N44.62bn COVID-19 intervention funds – CBN

Lending rate

Nigerian households get N44.62bn COVID-19 intervention funds – CBN     Households got N44.62 billion intervention funds to alleviate hardships from COVID-19 as of the end of November according to figures obtained from the Central Bank of Nigeria (CBN). The CBN disclosed that the figure rose from N35.43bn as of July, according to its monthly economic report. Part of the report read, “The bank continued with its intervention schemes in the economy to enhance credit delivery, bolster productivity and growth, as well as to cushion the effect of the prevailing…

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