Punch Newspapers Sections ’FEMI ASU ’FEMI ASU How has the COVID-19 pandemic affected the Nigerian banking sector? The COVID-19 pandemic came with lots of uncertainties regarding the duration, the extent of impact and how it will pan out in terms of impact on the overall economy and global supply chains and then the financial markets. There was quite significant uncertainty at the beginning but as various countries took steps quickly first on the health front through various lockdowns and protocols, the financial industry saw the need to take major steps to stimulate the economy to withstand the impact of such lockdowns and shocks to the system.