Finance

COVID-19: CBN to Support Development of Vaccine

  • COVID-19: CBN to Support Development of Vaccine

The Central Bank of Nigeria on Tuesday said it will support Nigerian scientists, researchers, and firms to develop Nigerian Vaccine for COVID-19.

In a series of tweets via its official Twitter page, the apex bank challenges Nigerian scientists across the world to develop a Nigerian vaccine to combat and contain the deadly virus.

The central bank said it has developed a framework for grants and long-term facilities for biotechnology firms, researchers and science institutions to develop a vaccine.

The tweets read “the CBN develops a framework for grants and long-term facilities to researchers, science institutions and biotechnology firms to develop Nigerian Vaccine for Corona Virus.

Governor of the Central Bank of Nigeria, Godwin Emefiele, says “the CBN will support development of vaccine ONCE validated by the Health Authorities

He, therefore “challenged Nigerian Scientists across the world to develop a Nigerian vaccine to check coronavirus.”

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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