CBN Covid-19 Loan 2021 Application Step-by-step Guide

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The Central Bank of Nigeria (CBN) recently re-opened the portal for Micro, Small, and Medium Enterprise (MSME) to access up to N25 million through NIRSAL Microfinance Bank

This CBN Covid-19 Loan is for businesses that were affected by COVID-19. It was disclosed by the Personal Assistant to President Muhammadu Buhari on New Media, Bashir Ahmad, via his Twitter handle on Wednesday.

He 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.”

Also See:

What you should know about the CBN Covid-19 Loan

  • The Federal Government had announced that the MSME Survival Fund Payroll Support Portal would be exceptionally reopened for 30 states that had been unable to meet their quotas,
  • The government, in its announcement, said that the scheme is aimed at supporting vulnerable MSMEs in the payroll obligations of over 500,000 employees.

How to Apply for The CBN Covid-19 Loan

To apply for the ongoing CBN Covid-19 Loan, ensure you have read all presented requirement. and be sure you fit in.

  • Fill in the form below to get started
  • Check your email
  • Confirm and you will be directed to the Covid-19 loan portal
  • Select SME or household
  • Put in your BVN and submit

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