Worried if your organisation takes its corporate social responsibility seriously? Well…you can relax now.
As confirmed from a very reliable source, the CBN governor Mr. Godwin Emefiele received all Nigerian commercial banks’ CEOs, NDIC and other private stakeholders today 30th March 2020 in a closed-door meeting.
According to our source, this is to ensure that all banks play an all-inclusive, organised and effective role in the fight against Coronavirus in Nigeria. Nigerian banks donate to support fight against deadly pandemic, COVID-19.
This has come off the back of a perceived uneven, disorganised and replicative nature of donations that has left other dire areas unattended to in the past weeks.
A committee was appointed, according to reports. Bank CEOs decided to donate towards fighting the Coronavirus pandemic to the Federal purse, according to their respective tiers.
Below are the donation patterns:
Tier 1 banks – N500 million each
Tier 2 banks – N250 million each
Tier 3 banks – N100 million each
Newly licensed banks, under a 6-month operation period – N50 million each
Other donations by the CBN, NDIC and other financial institutions to follow too.
Some banks have also made huge donations, asides this. See
More to follow as our correspondence gather more information…