CBN Covid-19 Loan Application: Recently, the Micro, Small, and Medium Enterprise (MSME) portal was reopened by the Central Bank of Nigeria (CBN) to provide access to up to N25 million through NIRSAL Microfinance Bank.
Businesses that were impacted by COVID-19 are eligible for this CBN Covid-19 Loan. Bashir Ahmad, President Muhammadu Buhari’s personal assistant for new media, made the announcement on Wednesday via his Twitter account.
Application Procedure for the CBN Covid-19 Loan
- Make sure you have read all of the requirements before applying for the current CBN Covid-19 Loan.
- Next, go to the CBN Covid-19 Loan Portal by clicking here.
- Pick from SME or household.
- enter your BVN, then submit
Important information on the CBN Covid-19 Loan
The Federal Government had previously announced that the MSME Survival Fund Payroll Support Portal would be reopened under special circumstances for 30 states that had failed to meet their quotas. According to the government’s announcement, the program is designed to assist vulnerable MSMEs with the payroll obligations of more than 500,000 employees.