FG Reopens Portal for MSMEs Loan (Apply Now!)

NMFB Loan

The federal government, through the Central Bank of Nigeria (CBN) and NIRSAL Microfinance Bank (NMFB) has reopened the portal for Micro, Small and Medium Enterprises (MSMEs) and households affected by COVID-19 to access up to N25 million loan.

NMFB LoanThis disclosure was made by the Personal Assistant to President Muhammadu Buhari on Media, Bashir Ahmad, via his Twitter handle on Wednesday.

Ahmed 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.”

What is the interest rate for the loan?

The interest rate under the intervention is 5% per annum (all inclusive) up to February 28 2021 and thereafter, the interest on the facility will revert to 9% per annum (all inclusive) as from March 1st 2021.

22 Comments

  1. I need a loan sir i like 2 start business please, is my account number 1021568812 UBA

  2. Plesse help me with some money I wsmant grow my business this is accnd nmbr 0759467507 please am waiting

  3. I need your financial and this my account number 3053365312 Polaris bank tsohuwar kasuwa katsina state

  4. We wishes that our country will be great and we will proud with it by God willing I need start farming I have farming skills but I don’t have capital please I need your assistance to loan me naira,100,000 my account is 0035940046 stanbic ibtc bank

  5. please i need a loan like 100,000 to start a business my account number is 6468502013 fcmb bank thank you

  6. I need your financial this my account number 0084394223 mustangs Bello Muhammad access Bank

  7. I need your financial aid and this my account number 2043303199 UBA, United Bank of Africa, Name AJAYI SAMUEL TUNDE

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