Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    FTSE Russell Upgrades Nigeria to Frontier Market Status

    August 28, 2026

    GCR Upgrades Coronation Merchant Bank Ratings to BBB+/A2

    August 28, 2026

    Alibaba Tokenized bStocks Dips by 2% on Thin Transactions

    August 28, 2026
    Facebook X (Twitter) Instagram
    Trending
    • FTSE Russell Upgrades Nigeria to Frontier Market Status
    • GCR Upgrades Coronation Merchant Bank Ratings to BBB+/A2
    • Alibaba Tokenized bStocks Dips by 2% on Thin Transactions
    • Crude Oil Prices Decline as Supply Outlook Improves
    • Huge Funds Chase Nigerian OMO Bills in Search for 21% True Yield
    • 91.4% of Personal Pension Accounts Remain Unfunded – PenCom
    • TCN has Capacity to Wheel  8,700MW Bulk Electricity – Official
    • XRP Gains as Evernorth Clears SEC Hurdle for Nasdaq Listing
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Friday, August 28
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Contribution to COVID-19 Relief Fund hits ₦15 billion, says CBN

    Contribution to COVID-19 Relief Fund hits ₦15 billion, says CBN

    Marketforces AfricaBy Marketforces AfricaApril 2, 2020Updated:October 11, 2025 News No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Contribution to COVID-19 Relief Fund hits ₦15 billion, says CBN

    The Central Bank of Nigeria (CBN) on Wednesday said that monetary contributions to its relief fund under the auspices of Private Sector Coalition Against COVID-19 (CACOVID) stood at ₦15 billion.

    CBN Director of Corporate Communications, Isaac Okorafor, said in a statement that the donations were from 37 donors, including individuals, banks and other corporate bodies.

    “A breakdown of the contributions showed that CBN and Aliko Dangote donated N2billion each.

    “Abdul Samad Rabiu (Bua Sugar Refinery), Segun Agbaje (GTB); Tony Elumelu (UBA); Oba Otudeko (First Bank); Jim Ovia (Zenith Bank); Herbert Wigwe (Access Bank) and Femi Otedola of Amperion Power Distribution donated N1 Billion each to the relief fund.

    “Pacific Holding Ltd, Union Bank Plc, Sterling Bank Plc, Standard Chartered Bank, Stanbic IBTC, Citi Bank Nigeria Ltd, FCMB, Fidelity Bank, ECOBank, African Steel Mills and Multichoice Nigeria Limited also made donations.

    ”Similarly, FSDH Merchant Bank, FBN Merchant Bank, Rand Merchant Bank, Coronation Merchant Bank, Sun Trust Bank, Providus Bank, Wema Bank, Unity Bank, Heritage Bank, Nova Merchant Bank, Polaris Bank and Keystone Bank donated.

    “Others are Globus Bank, Titan Trust Bank, Takagro Chemicals Ltd, Ahmadu Mahmoud and Handy Capital Ltd make up the list of those that have so far made contributions to the Private Sector Coalition Against COVID-19 (CACOVID) Relief Fund domiciled at the CBN,” he said.

    Okorafor said that the coalition appreciated the list of good spirited individuals and corporate bodies for hearkening to the clarion call championed by the CBN and the private sector.

    He called on more Nigerians and corporate bodies to key into the coalition with a view to supporting the fight against the pandemic.

    According to him, Nigeria can overcome the scourge when all hands are on deck.

    Contribution to COVID-19 Relief Fund hits ₦15 billion, says CBN

    Central Bank of Nigeria Private Sector Coalition Against COVID-19
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    FTSE Russell Upgrades Nigeria to Frontier Market Status

    GCR Upgrades Coronation Merchant Bank Ratings to BBB+/A2

    Alibaba Tokenized bStocks Dips by 2% on Thin Transactions

    Crude Oil Prices Decline as Supply Outlook Improves

    Huge Funds Chase Nigerian OMO Bills in Search for 21% True Yield

    91.4% of Personal Pension Accounts Remain Unfunded – PenCom

    Add A Comment

    Comments are closed.

    Editors Picks

    FTSE Russell Upgrades Nigeria to Frontier Market Status

    August 28, 2026

    GCR Upgrades Coronation Merchant Bank Ratings to BBB+/A2

    August 28, 2026

    Alibaba Tokenized bStocks Dips by 2% on Thin Transactions

    August 28, 2026

    Crude Oil Prices Decline as Supply Outlook Improves

    August 28, 2026

    Huge Funds Chase Nigerian OMO Bills in Search for 21% True Yield

    August 28, 2026
    Latest Posts

    FTSE Russell Upgrades Nigeria to Frontier Market Status

    August 28, 2026

    GCR Upgrades Coronation Merchant Bank Ratings to BBB+/A2

    August 28, 2026

    Alibaba Tokenized bStocks Dips by 2% on Thin Transactions

    August 28, 2026

    Crude Oil Prices Decline as Supply Outlook Improves

    August 28, 2026

    Huge Funds Chase Nigerian OMO Bills in Search for 21% True Yield

    August 28, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.