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Breaking News: CBN Covid-19 Loan Re-Opened Portal (See Requirements)

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CBN Covid-19 Loan Repayment: Applicants to the N50 billion credit facility, who have successfully completed the application processes and submitted their account details, should expect credit alerts 48 hours afterwards - CBN

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In line with the CBN’s decision to extend a non-interest window to businesses and households that have been impacted negatively by the Covid-19 pandemic, NIRSAL Microfinance Bank’s portal is now live for applicants who are eligible under this scheme to apply.

The only portal to apply for the CBN Covid19 Loan is https://nmfb.com.ng/

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Who is eligible?

MSME’s with 1-5 staff and verifiable evidence of business activities adversely affected as a result of the pandemic with evidence of job protection for its staff.

Hospitality businesses, health (pharmaceuticals and medical supplies) Airline service providers, manufacturing/value addition, trading and any other income-generating activities as may be prescribed by CBN and are Shari’ah compliant.

The financing limit for MSME’s is N2,500,000 while Household is N1,000,000.

Apply via our website at www.nmfb.com.ng
For further enquiries, contact 09010026900.


Bernard Bassey is a graduate of Software Engineering from AfriHUB University, Abuja. He is an expert in field journalism, his interest in socio-politics activities is keen.

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