CBN Disburses N49bn COVID-19 Intervention Fund to 80,000 Beneficiaries
•Apex bank’s survey shows optimism on economy in July By Obinna Chima The Central Bank of Nigeria (CBN) has so far disbursed N49 billion out of its N50 billion Targeted Credit Facility meant to cushion the impact of the COVID-19 on the economy. Also, its Business Expectations Survey Report for June 2020 shows that at -24.3 index points, the overall confidence index (CI) indicated respondents’ pessimism on the overall macro economy in June while the respondents are optimistic in their outlook for July. Giving details of the Targeted Credit...