ANALYZING THE UNCONVENTIONAL MONETARY POLICY AND CORONA VIRUS (COVID-19) PANDEMIC IN NIGERIA: ITS IM

Given the serious adverse repercussions for both the global and Nigerian economies, the CBN's response to the highly regarded COVID-19 outbreak had become inescapable. "Remarkable disruptions in global gracefully chains, a sharp decrease in unrefined petroleum costs, unrest in global stock and money related markets, far-reaching undoings in brandishing, amusement, and business occasions, the lockdown of large areas of developments of people in numerous countries, and intercontinental travel limitations across basic air routes on the planet" had been caused by the development. These outcomes have got actual adverse repercussions for essential fields such as oil and gas, transportation, assembly, exchange, and client markets, to name a few. On this backdrop, the CBN announced some unorthodox monetary policies aimed at influencing macroeconomic development.

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