Do you know that there are up to six loans under the CBN intervention fund for SME Businesses and Agriculture? To apply for any of the loans, you need training certificate from CBN accredited Entrepreneurship Development Centres or Institute. One of such is Agric-Business Small and Medium Enterprises Investment Scheme, also known as AGSMEIS loan. … Read more
Less than 24 hours ago, a friend shared a loan payment evidence he received from one of the Nigerian financial institutions for his small data service company. In this post, we will share with you all you need to do to benefit from the Fidelity Bank loan and the category of credit facility available for … Read more
Do you know that it isn’t compulsory to provide an NMFB account to the ongoing COVID-19 TCF loan? However, you need to have an account with the CBN-backed microfinance bank. In this guide, we’ll tell you the requirements to open an account with Nirsal Micro Finance Bank and why you need it for the disbursement … Read more
We all need money to meet certain financial obligations. Loans come in handy when there is no alternative. In this post, we’ll share with you the types of loans offered by Nigerian banks which are accessible to everyone who can abide by their terms and conditions. But in case you don’t know, every Nigerian bank has … Read more
Nirsal Micro Finance Bank (NMFB) has launched a new AGSMEIS loan application portal in order to make access to credit facility easier for Nigeria business owners. AGSMEIS means Agri-Business Small and Medium Enterprise Investment Scheme which grants the best and most affordable loan in terms of interest to business owners in Nigeria. It is a loan … Read more
As one of the strongest financial institutions in Nigeria, Ecobank has a wide range of credit facility you comfortably choose from. The bank is a subsidiary of the larger Ecobank Transnational Incorporated (ETI), one of the largest independent banking groups on the Africa continent by providing a comprehensive range of retail, corporate, wholesale, investment and … Read more
Looking for a credit facility for your business? We’ve got you covered with Titan Trust Bank loan, how to apply and the required documents you need to ensure your application receives expedient attention. The bank might sound extremely new to hundreds of Nigerians, most especially for those who have not been following the banking industry … Read more
The Bank of Industry (BOI) will soon open an application for the disbursement of N50,000 credit facility to 100,000 Micro, Small and Medium Enterprises (MSMEs) in Nigeria. Self-employed artisans are will not be left out as 300,000 of them will also get N30,000 loan which is under the supervision of the Ministry of Industry, Trade … Read more
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), … Read more
If you applied for the CBN-backed COVID-19 loan on the NMFB, you must have noticed that TCF reference number pops up as you input your Bank Verification Number (BVN). The essence of the COVID-19 TCF Reference Number is to properly track your application process or resolve any problem in the course of the application. You … Read more
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 … Read more
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 … Read more
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 … Read more
There are more than 10 types of loans offered by Access Bank, but meeting the requirements is one of the major roadblocks to millions of business owners in Nigeria. In this post, we’ll highlight the loans offered by Access Bank and tips on how to know the best loans for you. Interest rate: 13.5% and … Read more
Did you receive a message from the Nigeria Youth Investment Fund for a pre-qualification for a loan? If you received an SMS from Nirsal Micro Finance Bank (NMFB), here is how to complete your NYIF loan application process. Dear Applicant, You have been pre-qualified for the NYIF loan programme, kindly click on this link to … Read more