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by Glenn Maxwell

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CBN has extended a non-interest window for households and companies which were negatively impacted by Covid-19 pandemic. NIRSAL Microfinance Bank’s portal available these days to applicants who’re qualified to use underneath the plan.

Who’s qualified for

MSME’s that employ 1-5 people and may provide verifiable evidence to exhibit how their business was impacted by the pandemic.

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Hospitality companies, medical supplies and pharmaceuticals, Air travel providers, manufacturing/value-adding and all sorts of other earnings-generating activities which may be needed by CBN are Shari’ah complaints.

MSME Financing Limit is N2,500,000 AGSMEIS N10,000,000.00 While Folks are N1,000,000

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