CBN Reveals Portal For Business Owners And Individuals To Access Up To N25 Million, Apply

CBN In Conjunction With NIRSAL Revealed Portal For Business Owners And Individuals To Access Up To N25 Million COVID-19 Support Loan.

OnyxNews Nigeria reports that the Central Bank of Nigeria (CBN), through NIRSAL Microfinance Bank, has reopened its portal for Micro Small and Medium Enterprises (SMEs) and households affected by COVID-19 to access up to N25 million.

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This was disclosed by the Personal Assistant to President Muhammadu Buhari on New Media, Bashir Ahmad, via his Twitter handle on Wednesday.

He tweeted, “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 N25million.”

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!

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

— Bashir Ahmad (@BashirAhmaad) March 10, 2021

Dear customers, the loan application portal is up and running. Please continue your application process pic.twitter.com/lIFQUzSLgs

— Nirsal Microfinance Bank (@NirsalMFB) March 10, 2021

Click here to register.

READ: BREAKING: CBN Gives Fresh Update On Covid-19 Loans

What you need to know

1. The Federal Government had announced that the MSME Survival Fund Payroll Support Portal would be exceptionally reopened for 30 states that had been unable to meet their quotas.

2. The government, in its announcement, said that the scheme is targeted for supporting vulnerable MSMEs in the payroll obligations of over 500,000 employees.