News
Nigeria: CBN Unveils Palliative Measures to Cushion Impact of Coronavirus on Economy
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele Monday announced some policy measures to douse the adverse economic impacts of the COVID-19 pandemic on the economy.
The measures include a moratorium of one year on all principal repayments, effective 1 March, 2020 as well as interest rate reduction on all applicable CBN intervention facilities from nine percent to five percent per annum for one year effective 1 March, 2020.
Latest from Our Blog
View all blog posts
Is There a “Steel Bullet” for Helping Businesses Grow?
Financial diaries which provide microentrepreneurs with tailored business reports are helping them to grow their businesses, showing the power of access to data.
Working to Promote Food Security in Burkina Faso
Claire Lossiané of YIKRI, winner of the 2023 European Microfinance Award, reflects on the MFI’s programs to combat malnutrition.
India’s Digital Divide Threatens the Progress of Financial Inclusion
There are three key challenges that need to be addressed to fulfill the promise of India's much-lauded digital public infrastructure, as mobile phones and internet access remain inaccessible for a significant segment of the population.