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Business News of Tuesday, 12 May 2020

Source: www.mynigeria.com

CBN pledges to support Nigerian scientists with grants to develop COVID-19 cure

CBN Governor, Godwin Emefiele CBN Governor, Godwin Emefiele

The Central Bank of Nigeria has promised to provide grants and long-term facilities to researchers, science institutions and biotechnology firms to develop a Nigerian Vaccine for coronavirus.

This announcement was made public by the Apex bank Governor, Godwin Emefiele who challenged Nigerian Scientists across the world to develop a home-based cure.

Emefiele promised that the Central Bank would support the development of the vaccine once it is validated by the Health authorities.