CBN has listed the requirement for the provision of Guarantors by households, both small and medium enterprises (SMEs), applying for its N50 billion COVID-19 Targeted Credit Facility.
Central Bank of Nigeria provides this N50 billion package to help all those affected by Coronavirus to stay in Business and not relent.
According to a press release by Isaac Okorafor, the apex bank spokesperson said that the waiver is to ease those affected, most people have fulfilled all requirements for the loan but were yet to have their accounts credited, yet most people have been credited.
He further encourages and advises all the successful applicants whose accounts have been credited to visit the website of NIRSAL Micro Finance Bank (www.nmfb.com.ng) and insert their various account details or Click to apply.
“All successful household and SME applicants that have submitted their account details for the facility should expect to be credited within 48 hours.”
He, however, urged any successful applicant that does not receive a credit alert within 48 hours to call mobile number: 09010026900 for resolution.