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CBN Covid-19 Loan: 2021 Disbursement Still Ongoing – See How to apply

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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

NIRSAL Microfinance Bank has started disbursing Covid-19 loan for applicants who applied June 2020. You are to check your Email or SMS inbox to confirm if you were given.

Check if your loan was approved here >>> https://covid19.loan.gov.ng

“The loan disbursements would be determined based on the activity, cash-flow, and industry size of the beneficiaries.


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Each eligible SME will receive a maximum of N25 million while qualified households can access a maximum of N3 million each.

The credit facility is aimed at providing financial relief to households and small businesses as they cope with the economic fallouts of the pandemic”.

Those who are yet to apply should visit https://covid19.loan.gov.ng/apply



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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