The world has been taken by storm due to the spread of the coronavirus pandemic which has affected every facet of life. Due to the pandemic, many economies of the world, including Nigeria, are either slowing down or crumbling based on the effect on people and businesses, both large and small. This has led to many countries putting in place measure to ameliorate the effect of the pandemic on their respective economies. Nigeria has also not been left out in these palliative measures.
The Central Bank of Nigeria (CBN), as the regulator of all banks and financial institutions as well as manager of the economy, has issued several press releases and circulars aimed at managing and maintaining the economy during this period of the pandemic. The press releases and circulars include the following: