Business Loans

The Federal Government ₦3 million Covid-19 Loan Application to 600,000 Nigerians

The Federal Government has disbursed a ₦3 million Covid-19 loan to 600,000 Nigerians. Find out if you’re one of the lucky recipients right now!

Over 600,000 applicants had benefited from the various COVID-19-induced interventions so far. GET ACCESS!

           APPLY HERE

The Central Bank of Nigeria has revealed that it has received over eight million applications from Nigerians for its COVID-19 Targeted Credit Facility, which is designed to assist households and businesses.

N5,435,000 (5.4 Million) Grant for Entrepreneurs – Apply now Before the Deadline -Get Grant Now!


₦1.7m Grants Fund Disbursement


₦410,000 Business Grant From Shell Nigeria to 117 Young Entrepreneurs


Entrepreneurs To Get N8m Grant to Boost Businesses – Apply Now!


₦30,000 Covid-19 Support to over 11,500 Nigerians Begins


₦300,000 FarmerMoni Loan is Out Again – GEEP 2.0 Loan Application Form


₦50,000 COVID-19 Vaccine Cash Gift Begins – This not Loan Application


YAEDP N800,000 Grant for Nigerian Youth – Apply Now


₦1.5 million Gov Loan to be Disbursed to Beneficiaries


₦250,000 FG Loan by NDE has commenced


MSME Fund: FG has supported 9,085 beneficiaries


₦50,000 COVID-19 Vaccine Cash Gift Begins – This is not a Loan Application


READ ALSO  Diploma Course in Jeddah

₦700,0000 Start-up Loans for Youths Begins


Apply Now For iDixcover Africa Ambassadors Programme 2022 for Young Africans


South Africa FNB Graduate Trainee Programme 2022


N20,000 Fund Payment by Federal Government Update


NDE Nirsal /AGSMEIS Loan 2022 for Nigerians – Apply Now


SheVentures First City Monument Bank Tech Pitch 2022 for women in tech (Two million Naira Cash Prize)


FG issues interest-free loans to 98,000 Nigerians


CBN disburses ₦948 billion to 4, 478, 381 Farmers – Anchor Borrowers’ Programme (ABP) Loan


CBN offers ₦370,000 Loan to 10,000 Farmers


NFWP Set To Commence $15 Million Grant Disbursement In Niger


Mercy Corps, LAPO Microfinance Bank sign 200m Empowerment Scheme For North Eastern Nigeria


FG Begins SMEDAN ₦1.5m Loan – Apply


NYIF ₦500k Loan Shortlisted Candidates is out | Check


CBN Covid-19 Loan 2022 | Application


World Bank Set To Empower Women In Six States With $100m


CBN increases SME Loan Intervention fund to N300 billion, disburses N149.21 billion

Mr. Osita Nwanisiobi, CBN’s Director of, the Corporate Communications Department, disclosed this on Saturday while fielding questions from journalists in Enugu during a one-day interactive enlightenment session with organised labour and civil society groups on the CBN’s five-year policy thrust.

READ ALSO  How do you Control Your Personal Finance?

Nwanisiobi stated that the CBN would not rest on its laurels because the TCF had helped Nigerians exit the recession and achieve the current GDP growth rate of 5.01 percent.

He also stated that over 600,000 applicants had benefited from COVID-19-induced interventions thus far.

Nwanisiobi disputed claims that Enugu State residents did not receive CBN credit facilities.

READ: ₦20,000 Youths Grant – This is a Small Business Grant

“That would not be true,” he said. If you tell me that there are people who still require the COVID-19 facility but have not received it, I will honestly agree with you.”

“We started with about N50 billion,” he explained. We went from N100 billion to N300 billion, and now we’re talking about N400 billion. We now have over eight million applications and have completed over 600,000 transactions.

“Will people now complain about not receiving it?” Yes, you see the number, and then you see what we’re doing.

“The truth is that we are not resting on our laurels.” The governor is actually very enthusiastic because he has seen that what we have done in this regard has also helped Nigerians exit recession and post the kind of GDP that we have posted, and he is ready to do more.”

READ ALSO  ADB-Japan Scholarship Program for Developing Countries in Asia and Pacific

Nwanisiobi stated that the reason for the targeted stakeholders for the interactive session was to educate labour leaders who were critical stakeholders in the central bank’s policies, interventions, programmes, and initiatives.


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.