Coronavirus forces Nigeria’s Central Bank to slash interest rates on intervention funds to 5%

  * Approves new N50bn intervention fund for MSMEs   The Central Bank of Nigeria (CBN) has dropped interest rates on all its intervention funds from 9 percent to 5 percent. This is even as the apex bank also announced additional N50billion intervention fund to Micro, Small and Medium Enterprises (MSMEs) to mitigate the negative […]

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