Tag: interest rate
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[BREAKING] Coronavirus: CBN reduces interest rate on N3tn intervention fund to 5%
The Central Bank of Nigeria on Monday announced policy measures to tackle the impact of Coronavirus on the economy. The CBN Governor, Mr Godwin Emefiele, announced the measures during a media briefing at the apex bank headquarters in Abuja. He said from March 1, the apex bank would grant one year moratorium on all…