COVID-19: CBN Disburses N253bn To 470 Households, 77, 000 SMEs         The Acting Director Corporate communications Department of the Central Bank of Nigeria (CBN), Mr. Osita Nwanisobi, has said that the bank disbursed N253 billion to 548,345 beneficiaries as part of its responses to the COVID-19...

Households, Businesses Can Apply For N50bn COVID-19 Loans – CBN The Central Bank of Nigeria has said that households and businesses affected by the COVID-19 can now apply for loans under its N50bn Targeted Credit Facility. It said the stimulus package was to support households...

COVID-19 Loans: CBN Disburses N149.2bn To Households     The Central Bank of Nigeria (CBN) disbursed N149.21 billion to 316,869 households to cushion the effects of the COVID-19 pandemic. The funds, which were given out in the first phase of the N150 billion Targeted Credit Facility (TCF), were...

CBN Increases Credit For Households To N300bn           The Central Bank of Nigeria (CBN) has increased the Targeted Credit Facility (TCF) to N300 billion. The facility, which is meant for households and small and medium enterprises affected by the COVID-19 pandemic, was N150 billion. The expansion of the...

NBS: COVID-19 Pushes Households Further Below Poverty Line         There are indications that the Coronavirus (COVID-19) pandemic has pushed households further below the poverty line, due to the increase in unemployment rate resulting from the impact of the pandemic. In its COVID-19 Impact Monitoring round 5, September...

68% Households Experienced Food Insecurity In August – NBS       Sixty-eight per cent of households experienced food insecurity in August as COVID-19 continued to have its impact on different sectors, the National Bureau of Statistics stated on Monday. Part of the report read, “The food security situation...