CBN N50b Loan – Guideline on how to Apply

If your need any form of government loan or grant, here is the best platform to get information concerning NMFB loan, CBN Covid-19 loan, NYIF loan, MSME loan, and more.

How to Apply for CBN NIRSAL COVID-19 LoanThe NIRSAL Microfinance Bank (NMFB) is a CBN licensed financial institution disbursing loans for multiple purposes in Nigeria. Check out: List of Federal Government free-interest loans.

However, The NMFB registration portal for loans in 2021 is still open for household, Micro, Small and Medium Enterprises (SMEs) across the country.

The official registration portal for the CBN N50billion Covid-19 Loan is

Furthermore, all interested applicants for NMFB Covid-19 loan should follow the steps below;

  1. Visit the CBN NMFB Covid-19 loan application portal. Application can be submitted either with computer or mobile phone that has access to the internet.

  2. After submitting your loan application, NIRSAL will review and give consent to the loan, and will forward the application to the Central bank of Nigeria for final approval.

  3. Once CBN has reviewed the application it would authorize NMFB to distribute the funds to the beneficiaries.

For more information, send an email to

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