To apply for a COVID-19 loan in Nigeria, you should visit the NIRSAL website to get everything required concerning the loans.
Also, depending on the loan you are applying for, you can review individual requirements.
Do the following:
1. Submit your application directly to NIRSAL Microfinance Bank (NMFB) with evidence of how COVID-19 affects your business.
2. After that, they will review your application and forward it to CBN for approval.
3. If the application is successful, the CBN releases the funds to the NMFB for payment to your account.
So that you know, you can only apply for this loan online.
In conclusion, these Covid-19 loans in Nigeria have helped a lot for businesses and households in the country. Also, it would be best if you applied for the fund to ease your financial woes and take advantage of emerging opportunities when the market takes a hit.
