{"id":28794,"date":"2020-08-26T10:57:05","date_gmt":"2020-08-26T10:57:05","guid":{"rendered":"http:\/\/watchdogplusmedia.com\/?p=28794"},"modified":"2020-08-26T10:57:12","modified_gmt":"2020-08-26T10:57:12","slug":"cbn-bankers-committee-to-support-airlines-media-industry","status":"publish","type":"post","link":"https:\/\/watchdogplusmedia.com\/?p=28794","title":{"rendered":"CBN, Bankers\u2019 Committee to support airlines, media industry"},"content":{"rendered":"\n
\"Nigeria<\/figure>\n\n\n\n

The Central Bank of Nigeria (CBN) and the Bankers\u2019 Committee, which is made up of the chief executives of Nigerian banks and the directors of different units of the apex bank, have resolved to offer special facilities to airlines registered in Nigeria and the media industry in the country to enable them deal with the economic impact of the coronavirus crisis.<\/p>\n\n\n\n

A statement issued by Principal Manager, Corporate Communications Department of the CBN, Olalekan Ajayi, said the agreement, which was reached at the prompting of the apex bank\u2019s governor, Godwin Emefiele<\/a>, was made on Tuesday.<\/p>\n\n\n\n

It declared that Mr Emefiele, in the course of addressing banks\u2019 chief executives at the bi-monthly virtual meeting of the Bankers\u2019 Committee, enjoined the banks to do all they could to support airlines in Nigeria.<\/p>\n\n\n\n

He stressed that the support was significant to helping the sector recover from the shocks induced by the outbreak of the pandemic in Nigeria.<\/p>\n\n\n\n

Similarly, he appealed to the banks\u2019 chiefs to back efforts taken by the media industry to cope with the pandemic and avert sweeping job losses in the sector.<\/p>\n\n\n\n

The CBN had announced a N1.2 trillion stimulus package to rescue critical economic sectors in the wake of the coronavirus<\/a> outbreak in Nigeria. N1 trillion out of the fund was set apart to bolster the manufacturing sector and facilitate import substitution.<\/p>\n\n\n\n

In March, the regulator released the guidelines for the implementation of a N100 billion Targeted Credit Facility, aimed at supporting households and micro, small and medium enterprises severely affected by the pandemic.<\/p>\n\n\n\n

Tuesday\u2019s decision seemed a fulfilment of the optimism of the Minister of Aviation, Hadi Sirika, who earlier said the ministry was confident that businesses in the Nigerian aviation industry would be offered the chance of accessing palliatives from the CBN.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Central Bank of Nigeria (CBN) and the Bankers\u2019 Committee, which is made up of the chief executives of Nigerian banks and the directors of different units of the apex bank, have resolved to offer special facilities to airlines registered in Nigeria and the media industry in the country to enable them deal with the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_mi_skip_tracking":false},"categories":[35],"tags":[],"yoast_head":"\nCBN, Bankers\u2019 Committee to support airlines, media industry » WatchDog Plus Media<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/watchdogplusmedia.com\/?p=28794\" \/>\n<meta name=\"author\" content=\"Odofin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/watchdogplusmedia.com\/?p=28794#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/watchdogplusmedia.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Finance\",\"item\":\"https:\/\/watchdogplusmedia.com\/?cat=35\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"CBN, Bankers\u2019 Committee to support airlines, media industry\"}]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CBN, Bankers\u2019 Committee to support airlines, media industry » WatchDog Plus Media","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/watchdogplusmedia.com\/?p=28794","author":"Odofin","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BreadcrumbList","@id":"https:\/\/watchdogplusmedia.com\/?p=28794#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/watchdogplusmedia.com\/"},{"@type":"ListItem","position":2,"name":"Finance","item":"https:\/\/watchdogplusmedia.com\/?cat=35"},{"@type":"ListItem","position":3,"name":"CBN, Bankers\u2019 Committee to support airlines, media industry"}]}]}},"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"Odofin","author_link":"https:\/\/watchdogplusmedia.com\/?author=2"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/watchdogplusmedia.com\/?cat=35\" rel=\"category\">Finance<\/a>","rttpg_excerpt":"The Central Bank of Nigeria (CBN) and the Bankers\u2019 Committee, which is made up of the chief executives of Nigerian banks and the directors of different units of the apex bank, have resolved to offer special facilities to airlines registered in Nigeria and the media industry in the country to enable them deal with the…","_links":{"self":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/posts\/28794"}],"collection":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28794"}],"version-history":[{"count":-4,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/posts\/28794\/revisions"}],"wp:attachment":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}