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Marketforces Africa - 0
COVID-19: CBN hacks rates, creates N50bn facility to support Healthcare, Hotels, Airlines others The Central Bank of Nigeria (CBN) has announced reduction of interest rates in all its intervention facilities from 9% to 5% per annum for one year to ameliorate the effect of coronavirus pandemic. Godwin Emefiele, the CBN Governor...
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Wema Bank Plc earnings plunged significantly as lender business suffered from the impacts of coronavirus, protests and stiff regulation.