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CBN Covid-19 Loan: FG Begins Disbursement of CBN Covid-19 Loan – Have You Received Yours?
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CBN Covid-19 Loan: FG Begins Disbursement of CBN Covid-19 Loan – Have You Received Yours?

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Did you Apply for the Central Bank of Nigeria (CBN) Covid-19 Loan? If yes, we are very pleased to inform you that the Federal Government has started the Disbursement of the CBN Covid-19 Loan to Successful Beneficiaries accross the country.

CBN Covid-19 Loan

Successful applicants who applied for the CBN Covid 19 loan has started receiving congratulatory messages.

Below is a sample of the SMS you will receive from NIRSAL Microfinance Bank, NMFB if your CBN Covid 19 loan has been approved.

Your COVID-19 Loan application is approved. Click on the link https://covid19.nmfb.com.ng to accept offer and receive the fund in your account. For further enquiries please call 09010026900

READ: CBN COVID-19 Loan Offer: How to Correct Your Bank Account Details on NIRSAL Portal

CBN introduced a N50 billion Targeted Credit Facility (TCF) as a stimulus package to support households and micro, small and medium enterprises (MSMEs) that are affected by the coronavirus pandemic.

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.

READ: NPower NEXIT Login Portal: How to Register on NEXIT Platform for CBN Empowerments

How to Know if Your CBN Covid-19 Loan has Been Approved

Do you want to know if your Application for the Central Bank of Nigeria (CBN) Covid-19 Loan has been approved? If yes, please follow the step by step Procedures here;

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Category Page

 

  • Click on the Category you Applied for
  • A page will be displayed, asking for your BVN
  • Enter your correct Bank Verification Number (BVN)

BVN Page

  • Click on Validate BVN

If your loan is approved, you will receive a Congratulatory message from the Portal stating the Applicants Name, Approved Loan Amount, Loan Tenor and Loan Moratorium, asking you to Accept or Reject.

  • Click on Accept
  • Enter your Full Name and Bank Account Number
  • Click on Submit.
  • Then wait for 2-3 days to receive your money directly into your bank account.

FG Begins Disbursement of CBN Covid 19 Loan - Have You Received Yours?

 

Note:

If your loan is not approved, you will get a response that says;

Sorry, Your loan has not been approved. Please check back later.

Loan

 

If you need us to help you with more updated information about CBN Covid-19 Loan, 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.

Please, kindly use the Facebook, Twitter, Google+ and WhatsApp share buttons below to help others, thanks.

   Wazobia Info Nigeria
Always Serving You Better.

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43 Comments

  1. Clory Reuben Bassey

    My sister is yet to receive,what should I do

  2. Mohammed

    Pls 🙏 more than 20 days now after accepting the offer from them and am yet to receive alert from them and the same day I accepted the offer from them they created account number for me and sent it as SMS to me I went to they nearest office here in my state I table my complain to them,they collected my details again and up till now am yet to receive alert from them pls 🙏 I hope there’s certainty of getting the alert from them or not

  3. Raphael Phinehas

    Hi, I applied for the loan and I got a text on the 21st of November 2020 requesting me to login to a link to accept the offer but it always tell me that my BVNdoesnt exist any time i attempt login in. And I got the text telling me my loan have been approved. What is the problem please?

  4. Adeyinka Adewumi Idowu

    I applied since June but till now I have not received the alert, what can I do?

  5. Osakede Isyaka adokwe

    I what assistance for beneficiary

  6. Osakede Isyaka adokwe

    I applied since up to now I could not received any thing

  7. osakede Isyaka adokwe

    Hello sir, I applied for the loan since I couldn’t got any message from any where, well others got message, that mean they expect their own at any time well others receive their money and me up to now I could not received any thing please what is the issues sr.

  8. David Jacob

    I’m apply since June up till now I have not received any response or messages please help me I really need this money to boot up my business please

  9. Favour Enudi

    What of those their own is showing bvn details does not exist

  10. Garba jafar Muhammad

    I applied for the covid19 loan since 29 may but yet I have not received any offer,and whenever I input my bvn details to validate,the response I get is that my bvn does not exist…..so plz what is the problem, people that applied for the covid19 loan before me has gotten their money

  11. Bilyaminu Bello

    I apply for the coved 19 since June but ofto nown nothing but some people that apply after me the get but.why my not now please I need your assistance

  12. ihemekwelem vivian

    mine is saying bvn does not exist what should i do

  13. Abdullahi Muhammad waziri

    My is approved more than 20days now no alert pls I need help any more pls and pls
    Here is my number ,09021195751,,

  14. Nuruddeen Ibrahim

    More than 20Days now the approved me no alert pls any help
    Here is my number 09026686663

  15. Danjuma adamu afuno

    Please when put in my BVN .it’s showing me error.

  16. Muhammed yahaya

    Since last two weeks back I get the approval massage up to now no any alerts no anything so what I will do again please

  17. Rabiu Manjo Abubakar

    I have accepted the offer last week Saturday on the 21 November 2020, but yet to received the alert help please
    Phone number: 08063632160

  18. Haruna garba sabo

    I Apply since June 13 but up to now they did not Approve, And if I put my Bvn number it shows me the Bvn does not exit I need help pls

  19. Rifkatu Daniel

    Please I seen May 30 nothing any help

  20. Ummukulsum yusuf aliyu

    I apply since 17 june still bvn does not exist

  21. Ummukulsum yusuf aliyu

    I apply since June 17 my bvn show me does not exist pls help me

  22. Bashir Umar maito

    I mistakenly entered wrong bank details

  23. Umar Yahaya Ahmed

    I apply since June 2020 but when log into the partial it show your loan is not been approved try again letter pls does that mean ? Pls I need more clarification on this statement YOUR LOAN IS NOT BEEN APPROVED PLS TRY AGAIN LETER

  24. Sarimam Wilfred

    I apply since 29 May my bvn shows that does not exist pls help me pls

  25. Grom Enterprise

    I applied for the loan but didn’t receive any message. Please help.

  26. Abdulrahman Aliyu

    I’m also applied but up to now I didn’t receive any message

  27. Mohammed Alhaji

    I applied the loan already, but not any response up to now. Pls. Access my issue sir. Thanks
    Phone no. 07066166269.

  28. Aliyu yailu uba

    I applied since last year but yet no any approval

  29. Tanimu Nafiu

    I have applied since 16. July but still My BVN Doesn’t exit please help me 08144990011

  30. patience

    Mine and that of my husband keeps saying bvn does not exist,… What does that mean pls… Any solution?

  31. Salome Ndidi Ernest

    Please are they still apply for the covid19 loan, a’m interested please

  32. ABDULLAHI MUHAMMED DAHALA

    I applied since April but it says not been approved check back later

  33. Bilyaminu. Bello

    I apply since mach but it showse not Been approved. BVN doesn’t exist.

  34. James gakuran Samuel

    Comment Text*
    Pls here is my phone number 08102545365
    It been approved but i make a mistake, while putting account information

  35. SULEMAN HASSAN

    Those showing bvn does not exist, we want nirsal microfinance finance to look into the applicant whose theirs have similar issues..
    Thanks SULEIMAN HASSAN

  36. Kennedy Chima

    What if an individual wrongly click reject instead of accept ? How can it be retified.

  37. umar saidu

    We should keep hope or not we 7 in number. Remaining 6, people get they own but mine up to now. What is the proble

  38. Shuaibu Ali.maigari

    Since June l don’t get my alart

  39. Abubakar

    100000

  40. Haruna kasuwa bawa

    I received the message I click it but u say the bvn doesn’t exist I don’t know why

  41. Hauwa Muhammed

    My is still saying bvn doesn’t exist,do we still have hope?07037377695,and my email is hauwamuhammed695@gmail.com,pls who can help.

  42. Peace be Tommy edet

    Mine is saying bvn not exist

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