COVID-19 loan

FG Takes Action On Beneficiaries Of COVID-19 Loan Unable To Meet Deadline

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Eko Hot Blog reports that the Federal Government-owned NIRSAL Microfinance Bank (NIRSAL-MFB) have placed small, medium enterprises and individuals who have defaulted in the repayment of the N544.2 billion COVID-19 Targeted Credit Facility (TCF) under watch. According to NIRSAL Microfinance Bank (NIRSAL-MFB), they have activated its Global Standing Instruction (GSI) and also uploaded details of … Read more

CBN Reacts To Alleged Loan Charges During COVID-19

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AbokiFX, CBN Returns Over N60 Billion Bank Loots To Customers

The Central Bank of Nigeria (CBN) says the bank does not charge any fee on COVID-19 loan application as claimed in false reports circulated on social media. The CBN’s Director, Corporate Communications Department, Mr Isaac Okorafor said this in a statement in Abuja on Monday. Okorafor explained that procedures for accessing the N50 billion Targeted … Read more

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