CBN approves N100bn loan support for health laboratories


The Central Bank of Nigeria has announced 100 billion naira loan support for health laboratories in the country.

The governor of the apex bank says this is part of the CBN’s intervention in the economy following the impact of COVID 19.

The Central Bank Governor further stated that that the Apex Bank has also increased its intervention in the manufacturing sector by one trillion naira.

Emefiele also directed all commercial banks in the country to support pharmaceutical companies and the Healthcare industry.

He said the CBN will in the days ahead continue to reel out its support for the economy.


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