The MFB made the announcement through the loan application page. This is coming after about 92 days of receiving applications from Nigerians who had COVID-19 pandemic impacted their families and businesses. The CBN earlier introduced the N50 billion Targeted Credit Facility as a stimulus package to support households and micro, small and medium enterprises that are…
The Central Bank of Nigeria (CBN) has waived the requirement for the provision of guarantors by households and small and medium enterprises (SMEs) applying for its N50 billion COVID-19 Targeted Credit Facility. The N50 billion package was a provision by the bank for small businesses affected by coronavirus to stay in business and not lay…
Following the presentation of Central Bank of Nigeria (CBN’s) upgrade bundle to help family units and Micro, Small and Medium Enterprises (MSMEs) influenced by the COVID-19 pandemic. All effective Household and SME candidates who have presented their record subtleties for the CBN N50bn COVID-19 Targeted Credit Facility ought to anticipate that their records should be…
