“When I close now, I will trek from here to Palmgrove. I will trek come, and I will trek go na so so trek trek everyday,” A cold room owner (name withheld) in Lagos narrated her ordeal commuting daily from her residence in Palmgrove to her business in Bariga, Lagos. The Coronavirus lockdown, which went into effect on March 30th in three states, meant a stop to all businesses and offices with exemptions to healthcare,...

The Central Bank of Nigeria (CBN) says the bank does not charge any fee on the COVID-19 loan application as claimed in false reports circulated on social media. The CBN’s Director, Corporate Communications Department, Mr. Isaac Okorafor said this in a statement in Abuja on Monday. Okorafor explained that procedures for accessing the N50 billion Targeted Credit Facility (TCF) stimulus package for households and Micro, Small and Medium Enterprises affected by the pandemic were clearly...