Home » CBN Covid-19 Loan 2021 Portal Reopens for New Applications – Apply Now www.nmfb.com.ng/covid-19-support

CBN Covid-19 Loan 2021 Portal Reopens for New Applications – Apply Now www.nmfb.com.ng/covid-19-support

We are pleased to inform the general public and all interested qualified applicants that the Central Bank of Nigeria, CBN Covid-19 Loan 2021 Portal is now open to accept new applications.


The Central Bank of Nigeria (CBN)  introduces a stimulus package to support households and Micro, Small and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic

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Recently CBN waived the requirement for the provision of guarantors by Households and SMEs applying for its N50bn COVID-19 Targeted Credit Facility,this means you can actually apply for the loan with no collateral or guarantor.


Objective of the COVID-19 Loan 2021

The broad objectives of the CBN’s N50 billion Targeted Credit Facility include:

  1. Cushion the adverse effects of COVID-19 on households and MSMEs;
  2. Support households and MSMEs whose economic activities have been significantly disrupted by the COVID-19 pandemic.
  3. Stimulate credit to MSMEs to expand their productive capacity through equipment upgrade, and research and development.


Those who are eleigible for CBN Covid-19 loan are:

  1. Households with verifiable evidence of livelihood adversely impacted by Covid-19
  2. Existing enterprises with verifiable evidence of business activities adversely affected as a result of the COVID-19 pandemic.
  3. Enterprises with bankable plans to take advantage of opportunities arising from the COVID-19 pandemic

How to Apply for CBN COVID-19 Loan

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READ: NMFB Covid-19 Loan: Reason Why You Haven’t Received Your Loan from Nirsal Microfinance Bank

How to Successfully Apply for CBN Covid-19 Targeted Credit Facility Loan without BVN Wahala


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Have you Applied ?

All successful applicants under the CBN COVID-19 Targeted Credit Facility whose accounts have not been credited should go to https://nmfb.com.ng/covid-19-support/ and input their account details in any bank of their choice.

However not everybody gets the successful message. Newly applicants should check back on the http://nmfb.com.ng portal to see when their loan is approved

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If you need us to help you with more updated information about CBN Covid-19 Loan 2021, kindly feel free to ask any question in the comment box below. You can also provide us your phone number or email Address for more updates.

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