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What Is NMFB Loan Interest Rate?

Since the commencement of the ongoing COVID-19 Targeted Credit Facility (TCF), one of the critical questions some of the prospective applicants ask is: what is the interest rate of the CBN-backed NMFB loan? COVID-19 interest rate: 5%-9% per annum As you know, the credit facility is disbursed to applicants by Nirsal Micro Finance Bank (NMFB), […]

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CBN COVID-19 Credit Facility Portal Reopens, Here Is How To Apply AGAIN

The official portal for the Central Bank of Nigeria (CBN) COVID-19 targeted credit facility application has reopened for fresh applications. In this post, we’ll share with you the simplest way to submit your application for the COVID-19 credit facility, if your first application wasn’t successful. Who the loan is designed for The credit facility is

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NMFB Branches In Nigeria: Check NIRSAL Microfinance Bank Loan Requirements

The announcement by Nigeria’s apex bank in 2020 that stimulus package would be given to Nigerians who were affected by the impact of COVID-19 pandemic made NIRSAL Microfinance bank popular among Nigerians Popularly called NMFB,  a leading Nigerian financial institution licensed by the Central Bank of Nigeria (CBN), is at the forefront of disbursing loans

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Summary of Funding Opportunities in Nigeria from February 8 to February 14, 2021

From Monday, February 8 to Sunday, February 14, 2021, we’ve published some of the best loans and funding opportunities on infomedian.com, if you missed any of them, we’ve got you covered by this recap. Starting from SEIFAC loan to what to do if your loan application was rejected and other top trending funding for small

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Survival Fund Issue: User Doesn’t Have An Organisation, Here Is The Solution

Survival Fund Issue: User Doesn’t Have An Organisation, Here Is The Solution

Are you trying to apply for Survival Fund  MSME Guaranteed Offtake Scheme? One of the issues you are likely to encounter is, “user does not have an organisation” The MSME Guaranteed Offtake Scheme gives you a one-time grant of N50,000 provided your company is registered with the Corporate Affairs Commission (CAC). It is one of

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