Nirsal: CBN Reopens Application for N50 Billion COVID-19 Loan for Households and Small Businesses

The Central Bank of Nigeria has started receiving fresh applications for N50 billion COVID-19 loan for small businesses and households affected by the pandemic.

The CBN through Nirsal Microfinance Bank announced it has reopened its portal for households and Micro Small and Medium Enterprises (SMEs) affected by COVID-19 to access up to N25 million.

Bashir Ahmad, the Personal Assistant to President Muhammadu Buhari on New Media, disclosed this on March 10, 2021 via his Twitter handle.

The CBN, through @NirsalMFB introduces a stimulus package to support households and MSMEs affected by the COVID-19 pandemic.

An individual can access up to N25m.

Registration for fresh applications RE-OPEND!

Visit to register https://t.co/NPPh71eVNx kindly share for others.

— Bashir Ahmad (@BashirAhmaad) March 10, 2021

COVID-19 TARGETED CREDIT FACILITY APPLICATION REOPENED FOR FRESH APPLICATIONS.
TO APPLY, KINDLY USE THE LINK BELOWhttps://t.co/IrtBAfafY3 pic.twitter.com/iV2UUfb0JR

— Nirsal Microfinance Bank (@NirsalMFB) March 8, 2021