CBN/NIRSAL 50Billion COVID-19 Loan: Hope Raised as May&June Applicants Start Receiving Approval Message

Hope has raised concerning the N50Billion CBN COVID-19 Loan for Households and SME Businesses as  part of the measure to reduce the impact of COVID-19 pandemic on businesses in Nigeria in which the  Federal government of Nigeria through the Central Bank of Nigeria (CBN) introduced.

Applicants waiting for approval should keep hope alive as earlier in this month of August the approval for those that applied in the month May and June have started receiving their text message approval for disbursement for the loan.

How to Validate your BVN for CBN/NIRSAL 50Billion COVID-19 Loan

  • The CBN/NIRSAL 50Billion COVID-19 Loan approval text comes like what your see below into your phone with number you used in your application

 

Dear Applicant,

Your COVID-19 Loan application is approved. Kindly Click on the link https://covid19.nmfb.com.ng to accept your offer and receive your funds in your account.

Thank you

  • If you received the above message, kindly visit the site as instructed in the text. Then click on the “Household” option or the “SME” depend on the nature of loan you aplied for.

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  • After that, input your BVN on the space provided, then it will take you to acceptance page where you are to input your valid account details of your personal bank and submit. Mind you in this acceptance page you are going to see the amount of cash approved for your loan. After submission of your acceptance condition and account details you will be inform to wait for 2 days for your account to be credited. in some cases it can take more than the 2 days for your account to be credited but dont panick as fas as you submitted your account details correctly your funds will enter your account.

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