Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    NEAR Protocol Dips 10% Over Alleged Stolen Patented Technology

    October 24, 2026

    XRP Seeks Catalyst to Halt Downtrend, Breaks Below $1.30

    October 24, 2026

    Bitcoin Drops to $80.5k on Spot ETFS Outflows, AI Stocks Rout

    October 24, 2026
    Facebook X (Twitter) Instagram
    Trending
    • NEAR Protocol Dips 10% Over Alleged Stolen Patented Technology
    • XRP Seeks Catalyst to Halt Downtrend, Breaks Below $1.30
    • Bitcoin Drops to $80.5k on Spot ETFS Outflows, AI Stocks Rout
    • Naira Touches N1,395 to US Dollar as FX Order Book Surges
    • Nigeria’s Gas Reserves Rise 3% to 215.29 Trillion Cubic Feet
    • Oil Prices Edge Higher, Brent Rises 5% Week-on-Week to $115
    • FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares
    • XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Saturday, October 24
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » Uncategorized » Contributions to COVID-19 relief fund now ₦27.160 billion – CBN

    Contributions to COVID-19 relief fund now ₦27.160 billion – CBN

    Marketforces AfricaBy Marketforces AfricaMay 23, 2020Updated:October 17, 2025 Uncategorized No Comments2 Mins Read
    CBN Rationalised Policies to Prevent Imminent Recession
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Contributions to COVID-19 relief fund now ₦27.160 billion – CBN

    The Nigeria Private Sector Coalition against COVID-19 (CACOVID), has so far contributed about N27.160 billion to help fight the coronavirus pandemic.

    The update of the contribution as at April 23, was made known in a document released by Isaac Okorafor, the Director, Communications, Central Bank of Nigeria (CBN) on behalf of the coalition in Abuja on Tuesday.

    The document containing the list of contributors showed that the donations were made by institutions and individuals across the country.

    Key contributors to the relief fund including the richest man in Africa, Aliko Dangote,

    Abdul Samad Rabiu from BUA Sugar Refinery, Segun Agbaje of the GTBank, and Tony Elumelu of UBA group contributed N 1billion each.

    Read Also: COVID-19: Nigeria may go into severe recession – World Bank

    Others in that category include Oba Otudeko of the First Bank,  Jim Ovia of Zenith Bank, Herbert Wigwe of Access Bank and Femi Otedola of Amperion Power Distribution also contributed N1 billion individually to the relief fund.

    In the list is Deji Adeleke of Pacific Holding Ltd who made N500 million donation.

    Union Bank Plc, Sterling Bank Plc, Standard Chartered Bank, Stanbic IBTC, Citi Bank Nigeria Ltd, FCMB

    COVID-19 Relief

    , Fidelity and ECO Banks, African Steel Mills donated N250 million each

    Joining the cause, Multichoice Nigeria Limited contributed N200 million.

    The list revealed that some Nigerians made donation of N1,000, N500, N200, N100, N50 and as little as N10 to the contribution.

    Okorafor said the coalition was grateful to all the institutions and individuals that had open handedly donated to the relief fund.

    He urged others to consider contributing to this national solidarity to provide not only medical equipment and materials but also to render urgently needed palliatives to the poor and vulnerable segment of the society.

    Contributions to COVID-19 relief fund now ₦27.160 billion – CBN

     

    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

    Market Value: Linkage Assurance Lost 25% ahead of Bonus, Dividend Payment

    N10,000 Per Bag of Cement:  Reps Probes Dangote, Lafarge

    AEDC Attributes Power Outage in Kubwa , Environs to Technical Fault

    Airlines’ Blacklist Allegation Inaccurate, Maligning – Operators

    Naira Bottoms Out Again as FX Crisis Tests CBN Resolve

    Customs Generates N115bn From Lagos Free Trade Zone in 6 Months

    Add A Comment

    Comments are closed.

    Editors Picks

    NEAR Protocol Dips 10% Over Alleged Stolen Patented Technology

    October 24, 2026

    XRP Seeks Catalyst to Halt Downtrend, Breaks Below $1.30

    October 24, 2026

    Bitcoin Drops to $80.5k on Spot ETFS Outflows, AI Stocks Rout

    October 24, 2026

    Naira Touches N1,395 to US Dollar as FX Order Book Surges

    October 24, 2026

    Nigeria’s Gas Reserves Rise 3% to 215.29 Trillion Cubic Feet

    October 24, 2026
    Latest Posts

    Market Value: Linkage Assurance Lost 25% ahead of Bonus, Dividend Payment

    July 21, 2024

    N10,000 Per Bag of Cement:  Reps Probes Dangote, Lafarge

    July 20, 2024

    AEDC Attributes Power Outage in Kubwa , Environs to Technical Fault

    July 19, 2024

    Airlines’ Blacklist Allegation Inaccurate, Maligning – Operators

    July 18, 2024

    Naira Bottoms Out Again as FX Crisis Tests CBN Resolve

    July 10, 2024

    Subscribe to News

    Get latest news from MarketForces Africa...

    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.