• Home
  • About Us
  • Contact
Saturday, March 25, 2023
News On Spot
  • Home
  • News
    NLC

    Naira Scarcity: NLC Declares Nationwide Strike, Protests At CBN…

    Babajide Sanwo-Olu

    Sanwo-Olu Unveils Lagos Electricity Market to Generate 1GW Solar-Powered Energy, Names New Firm…

    Sultan of Sokoto, Sa’ad Abubakar

    Ramadan: Sultan Announces Take-off Date …

    United Kingdom

    Elections: UK To Shut Visa Centres In Lagos…

    President Muhammadu Buhari

    Buhari Signs Amended Constitution To Allow States Generate, Transmit Electricity…

    Woman-INEC-materials

    53-year-old Woman Arrested With 550 INEC Materials In Lagos…

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Entertainment
    • All
    • Gaming
    GTCO Food & Drink Festival

    GTCO Announces Date For 2023 Food, Drink Festival…

    Michelle Yeoh

    Michelle Yeoh Makes Oscars History As Everything Everywhere All At Once Triumphs…

    BBBTitans

    BBBTitans: How 2023 Polls Diminish Chances Of Nigerian Housemates…

    Fadeyi Oloro

    Actor Fadeyi Oloro Is Dead, Aged 66…

    Adeniyi Johnson and Oluwaseyi Edun

    Actor Adeniyi Johnson, Wife Welcome Twin After Seven-year Wait…

    Bruce Willis

    Bruce Willis Diagnosed With Dementia, Family Confirms…

  • Health
  • Lifestyle
    • All
    • Travel
    Frank Artus-Actor

    ‘I Didn’t Marry Age’, Actor Frank Artus Hits Back At Wife’s Critics…

    COVID-19

    COVID-19 Surge: Nigerian Health Workers Demand Travel Restriction…

    Nigerian Passports

    NIS Opens Passport Desks At Airports For Diasporans…

    Ooni/LLB

    Details: Meet Lady Who Rejected Ooni Of Ife’s Marriage Proposal…

    Alberta Western Canada

    JAPA: Alberta, Canada Opens New Path For Nigerian Pastors, Religious Workers To Be Permanent Residents…

    Sugar

    The Sweet Dangers Of Eating Too Much Sugar…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Politics
  • Sports
  • Tech

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • News
    NLC

    Naira Scarcity: NLC Declares Nationwide Strike, Protests At CBN…

    Babajide Sanwo-Olu

    Sanwo-Olu Unveils Lagos Electricity Market to Generate 1GW Solar-Powered Energy, Names New Firm…

    Sultan of Sokoto, Sa’ad Abubakar

    Ramadan: Sultan Announces Take-off Date …

    United Kingdom

    Elections: UK To Shut Visa Centres In Lagos…

    President Muhammadu Buhari

    Buhari Signs Amended Constitution To Allow States Generate, Transmit Electricity…

    Woman-INEC-materials

    53-year-old Woman Arrested With 550 INEC Materials In Lagos…

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Entertainment
    • All
    • Gaming
    GTCO Food & Drink Festival

    GTCO Announces Date For 2023 Food, Drink Festival…

    Michelle Yeoh

    Michelle Yeoh Makes Oscars History As Everything Everywhere All At Once Triumphs…

    BBBTitans

    BBBTitans: How 2023 Polls Diminish Chances Of Nigerian Housemates…

    Fadeyi Oloro

    Actor Fadeyi Oloro Is Dead, Aged 66…

    Adeniyi Johnson and Oluwaseyi Edun

    Actor Adeniyi Johnson, Wife Welcome Twin After Seven-year Wait…

    Bruce Willis

    Bruce Willis Diagnosed With Dementia, Family Confirms…

  • Health
  • Lifestyle
    • All
    • Travel
    Frank Artus-Actor

    ‘I Didn’t Marry Age’, Actor Frank Artus Hits Back At Wife’s Critics…

    COVID-19

    COVID-19 Surge: Nigerian Health Workers Demand Travel Restriction…

    Nigerian Passports

    NIS Opens Passport Desks At Airports For Diasporans…

    Ooni/LLB

    Details: Meet Lady Who Rejected Ooni Of Ife’s Marriage Proposal…

    Alberta Western Canada

    JAPA: Alberta, Canada Opens New Path For Nigerian Pastors, Religious Workers To Be Permanent Residents…

    Sugar

    The Sweet Dangers Of Eating Too Much Sugar…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Politics
  • Sports
  • Tech

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
News On Spot
No Result
View All Result
Home News

COVID-19: Cooperation between Banks, private sector operators provides funding, capacity building…

newsonspotadmin by newsonspotadmin
March 30, 2020
in News
Reading Time: 3 mins read
0

The Coronavirus (COVID-19) pandemic is real in Nigeria with over 100 confirmed cases recorded so far in the country. But government, banks and private sector leaders are taking steps to curb the spread of the virus and reduce impact of the pandemic on the people.

The Nigerian Private Sector Coalition Against COVID-19 instituted by the Central Bank of Nigeria (CBN) on behalf of the Bankers’ Committee and in partnership with the private sector will be raising funds needed to fight the scourge. Many banks and real sector operators have also risen to the challenge by making cash donations, providing e-learning centers, making loans available to healthcare providers and feeding low-income earners within the populace.

Fighting and defeating Coronavirus (COVID-19) pandemic in Nigeria requires more than government efforts alone.

Private sectors, especially banks and real sector operators support is paramount.

That explains why the Central Bank of Nigeria (CBN) last week inaugurated the Nigerian Private Sector Coalition against COVID-19 meant to receive funds from banks and real sector operators to be fight the pandemic.

CBN Governor, Godwin Emefiele who broke the news in Lagos, also announced members of the Funding Committee who are expected to, through their organizations, contribute to the designated account opened at the CBN.

The fund from the coalition is expected to be raised within the next two weeks and deployed to procuring equipment and materials needed to combat the menace of COVID-19 pandemic in the country.

Guaranty Trust Bank and Access Bank have donated to the project N1 billion each. GTBank has aside the donation, officially presented a 110-bed space Intensive Care Centre for Covid-19 patients at Onikan in Lagos for Nigerians that may be infected by the disease. Access Bank has also promised to set up 1,000 bed spaces too.

First Bank of Nigeria Limited has also responded to the CBN call for contribution. The bank has donated N1 billion to the Nigerian Private Sector Coalition Against COVID-19 project. Beyond the bed spaces, FirstBank has focused on education and contributed to the empowering children and the youth.

The commercial banks generally are asking their customers to use alternate e-payment channels to ensure their safety as the COVID-19 pandemic continues to spread across the country.

The lenders are also taking measures to ensure their staff members, customers and stakeholders are protected against the pandemic gradually spreading in the country.

To ensure the continuity of businesses and economic activities with minimal effect from the pandemic, banks have ensured that everyone visiting any of its branches takes a temperature test, makes use of hand sanitisers and maintains social distance.

Many lenders also reduced the number of staff on duty and encouraged customers to use digital channels, like Automated Teller Machines (ATMs) and mobile payments.

Other real sector operators like Honeywell Flour Mills have also moved to provide their support.

On the need for accountability with secured funds, Emefiele disclosed that at the end of the project, a reputable form of Accountants will be used to render full account of how the funds were utilized as well as account for the materials donated.

There is need for telecom operators to support the COVID-19 project and the e-learning plan by donating data to make learning easy and seamless for the benefiting children. Also, real sector operators and manufacturers need to also support by donating their products to help the most vulnerable in the society at this trying time.

ShareTweetShare
Previous Post

Covid 19: Complaints Amid Five-star Quarantine…

Next Post

COVID-19: ECOBANK NIGERIA COMMITS N100M TO CAMPAIGN…

newsonspotadmin

newsonspotadmin

Related Posts

NLC
News

Naira Scarcity: NLC Declares Nationwide Strike, Protests At CBN…

March 22, 2023
Babajide Sanwo-Olu
News

Sanwo-Olu Unveils Lagos Electricity Market to Generate 1GW Solar-Powered Energy, Names New Firm…

March 22, 2023
Sultan of Sokoto, Sa’ad Abubakar
News

Ramadan: Sultan Announces Take-off Date …

March 22, 2023
United Kingdom
News

Elections: UK To Shut Visa Centres In Lagos…

March 17, 2023
President Muhammadu Buhari
News

Buhari Signs Amended Constitution To Allow States Generate, Transmit Electricity…

March 17, 2023
Woman-INEC-materials
News

53-year-old Woman Arrested With 550 INEC Materials In Lagos…

March 17, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Uber

Uber Driver Drops Passengers Off At The Airport, Returns Back To Rob Their Home…

September 27, 2022
Babjide Sanwo-Olu - Lagos State Governor

Lagos Govt Declares 4-day Public Holiday…

January 19, 2023
Amarachi Okechi

Transformation Of The Widow, Who Was Tied, Flogged Over Witchcraft Allegation…

September 10, 2022
Tony Elumelu Foundation Social Banner

How To Apply For Tony Elumelu Foundation As Portal Opens For 2023 Applications…

January 6, 2023

Bill Gates steps down from Microsoft board to focus on philanthropy

0

Overlooked No More: Ni Gusti Ayu Raka Rasmi, Balinese Dancer

0

Nigeria vs Sierra Leone, other AFCON 2019 qualifiers cancelled

0

Osinbajo‘s convoy involved in accident, VP loses police outrider

0
NLC

Naira Scarcity: NLC Declares Nationwide Strike, Protests At CBN…

March 22, 2023
GTCO Food & Drink Festival

GTCO Announces Date For 2023 Food, Drink Festival…

March 22, 2023
Frank Artus-Actor

‘I Didn’t Marry Age’, Actor Frank Artus Hits Back At Wife’s Critics…

March 22, 2023
Babajide Sanwo-Olu

Sanwo-Olu Unveils Lagos Electricity Market to Generate 1GW Solar-Powered Energy, Names New Firm…

March 22, 2023

Recent News

NLC

Naira Scarcity: NLC Declares Nationwide Strike, Protests At CBN…

March 22, 2023
GTCO Food & Drink Festival

GTCO Announces Date For 2023 Food, Drink Festival…

March 22, 2023
Frank Artus-Actor

‘I Didn’t Marry Age’, Actor Frank Artus Hits Back At Wife’s Critics…

March 22, 2023
Babajide Sanwo-Olu

Sanwo-Olu Unveils Lagos Electricity Market to Generate 1GW Solar-Powered Energy, Names New Firm…

March 22, 2023
News On Spot Logo

Browse by Category

Archives

  • Home
  • About Us
  • Contact

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.

No Result
View All Result
  • Home
  • About Us
  • Contact
  • Entertainment
  • Politics
  • Business
  • Health
  • Sports
  • World