Have You Gotten Your Stimulus Package From CBN? Apply Here

Those of you that applied for the CBN stimulus package should have gotten your loan in your account already. At least lots of people that applied near me have gotten theirs.  Please let us know if you have gotten yours from Nirsal.

Some of you are still contemplating if you should apply or not, but I’ll advise you should take advantage of it, and apply and we won’t mind sharing some business ideas with you. Whether you have been badly hit by the ongoing covid19 pandemic, the best time to apply for this stimulus package is now.

If your application was successful, you’ll get disbursement in the coming weeks. The CBN had introduced the N50bn Targeted Credit Facility as a stimulus package to support households and Micro, Small, and Medium Enterprises affected by the COVID-19 pandemic.

The N50bn intervention is being financed from the Micro, Small and Medium Enterprises Development Fund.

In terms of limit, the loan amount would be determined based on the activity, cash flow, and industry size of the beneficiary, subject to a maximum of N25m for SMEs.

Households can access a maximum of N3m while working capital would be a maximum of 25 percent of the average of the previous three years’ annual turnover.

If you are yet to apply, you can apply here https://nmfb.com.ng/covid-19-support/ and make sure you complete your applications and submit. See more details about eligibility here.

You can also download the NIRSAL Android app here for easy application

Let us know in the comment if you applied and the money has been disbursed to your account.

Via | YomiProf

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30 thoughts on “Have You Gotten Your Stimulus Package From CBN? Apply Here”

  1. I have applied for household loan and they sent me a link to submit my bank statement which I did, till now no alart or update. At time’s I will check and d result is always, sorry ur loan is not yet approved or BVN details Doe’s not exist.Pls wat will I do?

  2. I applied and got approved for 450k which business idea do you suggest sir, I have not click to accept o.

    I’m a website designer

  3. Please sir I applied for household loan filled all the details and submitted successfully, but how do I know am approved

    • You’ll be contacted via your provided contact details. the amount they approve will be sent to you via an offer in which you’ll be asked to accept via an email. Once you accept the offer, the money will be transfered to your bank account

  4. The link no longer works but I’ve installed the App. Let me check and see how well this works. I’ll drop my review here later.

  5. Hello prof,

    I applied on the 17th of June and was given 450k loan offer today.

    But they didn’t specify which account they would send the money to.

      • Hello Prof,

        After accepting, I was redirected to a page where I input bank name and account number but when I clicked submit, nothing happened.

        I tried the step all over again from the BVN validation and it says BVN already validated.

        But yet to receive any payment in the account I setup initially

  6. YOMI I wanted to get the household loan but its telling me to sign in with a microsoft work or student account . how do i go about it please


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