FG Reopens Portal for MSMEs Loan (Apply Now!)

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.

72 thoughts on “FG Reopens Portal for MSMEs Loan (Apply Now!)”

  1. I will be glad to have this money as my capital to start up a business which I have in mind for a longtime.

  2. hello hv apply and is showing me dat hv a on treating loan sir what does dat word mean want a clarification on dat word sir

  3. Hello my fellow colleagues can we return the money after getting,,,, is loan or grand,,,, but if I refuse to return it what will happen

  4. Mohammed Musa baba

    IAM a farmer after I graduate but am lack of capital to improve it so I will be very happy if I can get finacial aids sir.

  5. I need #1,960,000 capital to start up a business that will earn me a living. Here is my account number:3689258017

  6. Aniagor Emmanuel

    I need 1000 000 naira for my poultry farming 3447388013 fcmb Aniagor Emmanuel

  7. rabilu ishaka

    Sir i’m very happy to write this comment to you i need N7500,0000 in order to burst my business thanks,Rabilu ishaka account no;84652873 access bank

  8. Damgbo Neele Lezor

    My Account Number: 0060519155 Bank: Access bank PLC. I need a loan of #1,000,000 only. For my cassava and maize farming.

    1. Damgbo Neele Lezor

      Sir,I hereby apply for loan of #1,000,000 only. I want to use it to support my cassava and maize farming.

  9. i need capital to improve my skills sir. i applied for the second time here is my account number Gt bank 0169645725.

  10. Binah Bariayima Emmanuel

    I need it to continue my business from where I stop
    O779166000.
    Access bank

Comments are closed.

Scroll to Top