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CBN COVID-19 Loan: CBN to Begin Second Batch Disbursement (Take note of the following)



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

For those of you who have not applied for the CBN COVID-19 loan, proceed to this website to register

We wrote in our previous post the reasons why most of you have not received your loan payment through NIRSAL MFB. If you are interested to read about that, you can click on the link I have not Received Payment.

The Central Bank of Nigeria (CBN) introduces a stimulus package to support households and Micro, Small and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic.

In this respect, the Central Bank of Nigeria (CBN) introduced the N50 billion Targeted Credit Facility (TCF) as a stimulus package to support households and Micro, Small and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic.

The only Official Website to Apply is

Over time, the CBN in collaboration with NIRSAL has begun the disbursement of this loan, and it is important to know that the loan is disbursed in batches.

Before you will be credited, you have to pass the minimum requirements as enamated by the CBN. These requirements were published in one of our articles, you can take a look here CBN COVID-19 REQUIREMENTS.

Meanwhile, the first batch of the loan has been disbursed and some of you who haven’t seen your credit alert or heard from the Agency should wait patiently for the second batch which has already begun today.

Also, if you have any questions regarding the CBN Covid-19 Loan application, we implore you to leave a reply in the comment section on our blog and if you are making a comment in opera, we may not be able to reply to you, just proceed to SEARCHNGR to make a comment.

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.



  1. Muhammad

    Thursday, 23 June 2022, 3:13 at 3:13 am


  2. Musa umar

    Friday, 22 April 2022, 10:43 at 10:43 pm

    Umar musa

  3. Nura sani

    Tuesday, 23 June 2020, 9:40 at 9:40 pm

    Immedietly assestand 2 d apply in respondend urgently

  4. Mohammed Habibu

    Tuesday, 23 June 2020, 4:36 at 4:36 pm

    I applied for the loan since last week Tuesday no any information is sent to me. What should I do

  5. Maryam Bello Harunas

    Sunday, 21 June 2020, 4:09 at 4:09 pm

    I have applied for the TCF and my request was approved and even accept the offer but a second msg was send to me urging me to provide other details of my account which I did but up till now no disbursement yet what is the problem??

  6. Adamien Sunday William

    Sunday, 21 June 2020, 3:08 at 3:08 pm

    It’s almost two weeks since my household loan was approved, and I have accepted the offer, visited their branch office twice but the money has not been transferred from my NMFB account to my personal bank account. I’m waiting for NMFB to transfer the money from my NMFB bank account to my personal bank account.

    • Bernard Bassey

      Sunday, 21 June 2020, 3:54 at 3:54 pm

      Have you validated your BVN?

    • Abodunrin khadija

      Sunday, 21 June 2020, 9:20 at 9:20 pm

      I want a loan

  7. Abubakar sani

    Sunday, 21 June 2020, 2:07 at 2:07 pm

    I have not received payment

  8. Austin Joseph

    Sunday, 21 June 2020, 1:02 at 1:02 pm

    I tried to apply but it kept telling me that my Bvn details was invalid! what should I do?

  9. Mukhtar Mohammed

    Sunday, 21 June 2020, 12:14 at 12:14 pm

    I have send my account since last week Saturday after acceptance letter of the loan the approved me 300000.and send my account number but yet no credit alart.

    If I log in again for BVN validation it will say u have orady send these information! Please what is the oroby? How can I do please?

  10. Adewoyin

    Sunday, 21 June 2020, 7:54 at 7:54 am

    Good day to u sir/ ma
    Pls I will be grateful if my request will be granted. I want to start my business on time and to meet my need
    I apply for 800000

  11. Salihu M Abbas

    Saturday, 20 June 2020, 11:45 at 11:45 pm

    I have apply today 20th June 2020 but they didn’t asked me the amount I need. What’s the next step please

  12. Umar Muhammad Muhammad

    Saturday, 20 June 2020, 6:31 at 6:31 am

    I have been applied and I am waiting for your approval thanks for your support.

  13. Umar Muhammad Muhammad

    Saturday, 20 June 2020, 6:29 at 6:29 am

    I have been apply I also waiting for the approval of my application thanks for your support to us

  14. Bello Usman

    Friday, 19 June 2020, 4:59 at 4:59 pm

    I have received a text message showing my application was approved, but to log into site given to me where the problem is. Saying bvn doesn’t exist what I’m going to do?

  15. Muhammad fadalu

    Friday, 19 June 2020, 4:04 at 4:04 pm

    for how long the loan take time after applied

  16. Adekeye seyi

    Friday, 19 June 2020, 11:43 at 11:43 am

    I applied and submitted successfully, My questions:
    1.How will I know if my application is approved or not?
    2.How long will it take to review my application and get informed if my application is approved? Thanks.


    Friday, 19 June 2020, 9:09 at 9:09 am

    I want to if after someone has accept the offer and was ask to submit account details is there possibilities that he might not get the loan eventually?

  18. Hassan yahaya

    Friday, 19 June 2020, 9:08 at 9:08 am

    I wanted to register but I don’t know wether the registration is still in progress please.

  19. Hassan yahaya

    Friday, 19 June 2020, 9:05 at 9:05 am

    Is the registration still in progress?

  20. Sabo Sylvester

    Friday, 19 June 2020, 9:04 at 9:04 am

    I have Submitted my application since on 14, June 2020 but up till now there is no any Message that send to me, but Show me successful submitted, What can I do?

  21. Samson Ndubuisi

    Friday, 19 June 2020, 7:36 at 7:36 am

    If you’ve received text from the nmfb approving your application kindly validate your BVN on the website given. Note after validating your BVN. You’ll be asked to proceed or decline, after this done then letter of offer will appear, scroll to the bottom of the page and click on the tiny box and submit finally a dialogue box bank name and account number will which you will fill and submit. And wait for 48-72hrs and when you get the alert go back nirsal officer nearest to you for further step

  22. Abubakar Ibrahim

    Friday, 19 June 2020, 7:05 at 7:05 am

    How can I get to know that my application is approve or not approved?

  23. Balarabe Aminu Adahama

    Friday, 19 June 2020, 5:56 at 5:56 am

    How possible for a beneficiary to change his period of repayment from minimum of 1 year to maximum of 2 or 3 years? Kindly furnish me with the explanation, please.

  24. ADO Yusuf BARKUM

    Friday, 19 June 2020, 3:52 at 3:52 am

    Almost 2 weeks ago a wasn’t seen my approval througt my gmail while I was summited successfully what can I do please?

  25. Shayibu Abubakar Mohammed

    Thursday, 18 June 2020, 11:21 at 11:21 pm

    I want to get

  26. nwofoke Festus obinna

    Thursday, 18 June 2020, 11:14 at 11:14 pm

    I have done with mine but my problem remain that I mistakenly choose one million nairia option instead of five hundred thousand as others are chosen which I don’t think that government are paying more than five hundred thousand


    Thursday, 18 June 2020, 11:01 at 11:01 pm

    Ahmad sulaiman yakubu name GT bank account number 0209568962


    Thursday, 18 June 2020, 9:59 at 9:59 pm

    I apply but the submission icon it still tone it to blue and keep processing

  29. Adam

    Thursday, 18 June 2020, 6:37 at 6:37 pm

    mine have been approved but I keep on receiving messages to produce other account details for disbursement, I have send two different account details but same bvn but still no alert


    Thursday, 18 June 2020, 4:35 at 4:35 pm

    Is only business person that got married can benefit or even ones those business person wich not got married can also benefited?

  31. Isah Dugu Sule

    Thursday, 18 June 2020, 3:44 at 3:44 pm

    I haven’t receive mine please why?

  32. Hizbullah

    Thursday, 18 June 2020, 3:37 at 3:37 pm

    Pls how can one upload other document such as passport,letter,and guarantor form.

    And for non business owner or employee I was not given the option to choose the amount I want for the loan.

    • Samuel Jacob oladele

      Friday, 19 June 2020, 8:15 at 8:15 am

      Mine has been approved for more than three week now but yet not received alert despite input my account details and submit successful

  33. Chinonye

    Thursday, 18 June 2020, 3:08 at 3:08 pm

    has the application ended?
    A friend want to apply now.

  34. samson oshevire

    Thursday, 18 June 2020, 2:54 at 2:54 pm

    I register since April no information sill day

  35. Bala Inuwa

    Thursday, 18 June 2020, 1:48 at 1:48 pm

    What about those who are not approval l check my Bvn but I see sorry your loan are not approval please check back later

  36. Dalong Obadiah Dajan

    Thursday, 18 June 2020, 1:30 at 1:30 pm

    I applied I got approval but not credited why?

  37. Ajande Daniel

    Thursday, 18 June 2020, 1:01 at 1:01 pm

    I registered since April, the only thing I received was “thank you” no message no email no alert no submittion of documents, I was thinking that it is because, I didn’t fill my garantor form, but there is another announcement they have waive it. What I my to do?

    • Nwachukwu Daniel Chidiebere

      Monday, 22 June 2020, 8:48 at 8:48 am

      I applied initially, received the auto response mail. But since then no news.

  38. Joseph

    Thursday, 18 June 2020, 11:34 at 11:34 am

    I applied in April too, acknowledge message was sent to my mail, thereafter message was sent to submit my documents which I did,uptil now I haven’t heard from them, people that registered may/June are those receiving the disbursement,

  39. Achin saaondo Andrew

    Thursday, 18 June 2020, 10:12 at 10:12 am

    I have yet to receive alert if covid 19 loan, I made a mistake in the area of Bank name,I wrote my but my account number is correct and my bvn also. So since I have not received my fund

  40. Taiwo Adetoro odedokun

    Thursday, 18 June 2020, 9:58 at 9:58 am

    I applied for the loan in April, submitted the required documents and done the interview but up till now no reply,am yet to receive any message saying that my loan has been approved, pls what can be done

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