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Investor Presentaiton

CBN Policy Response to COVID-19 CBN has responded decisively to provide the necessary monetary stimulus for the Nigerian economy. The Monetary Policy Committee reduced the Monetary Policy Rate in May 2020. The Banking Sector also remains stable and well capitalized. Key Central Bank Measures Establishment of N1.1 trillion intervention fund to cushion the adverse effects of the Coronavirus outbreak on the economy Establishment of a N50 billion fund to support households and Small and Medium Enterprises (SMEs) affected by COVID-19 Federal Ministry of Finance, Budget and National Planning Source: Central Bank of Nigeria 13 CENTRAL BANK OF NIGERIA N107.25bn disbursed to boost local manufacturing and production across critical sectors N100 billion earmarked for the health services sector through the provision of loans to operators in the healthcare sector
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