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Exclusive: CBN to reduce interest rate?

November 17, 2020November 17, 2020 AOOMS

As part of Nigeria government’s response to the Coronavirus pandemic, the Central Bank of Nigeria (CBN) has reduced interest rate on its intervention facilities from 9% to 5%, with a 1-year moratorium, till 31st March 2021.The CBN is also providing concessional lending of:

₦50bn loan up for grabs without Interest rate – Access Bank

October 24, 2020October 24, 2020 AOOMS

This year has been full of crises, from the covid 19 pandemic to #Endsars protest to hoodlums hijacking stores, robbery & cultist rivalry, not to forget angry move hijacking warehouses & taking palliatives that should have been distributed to the public when the heat of convid19 was still very high and there was total lockdown.