General

Covid-19: 80,000 applications received for N50bn CBN intervention loan

Managing Director of NIRSAL, Abubakar Kure, told newsmen in Abuja that forty thousand of the total applications were received from households.

 

In March, the CBN had announced the release of fifty billion naira stimulus package to support households and micro, small and medium enterprises  affected by COVID-19 pandemic.

 

Kure said the objective of the facility was to allow firms stay in business and ensure people stayed employed to mitigate the harm on the economy.

 

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