The CBN is disbursing 50 billion Naira
The CBN is disbursing 50 billion Naira through the NIRSAL Microfinance Bank.
This credit facility is targeted towards providing some relief to the impact of Covid-19 Pandemic on the economy.
The credit facility is targeted towards individuals interested in starting businesses based on the following scheme:
1. Hospitality ( Accommodation and Food Services)
2. Manufacturing/Value addition
3. Health ( Pharmaceuticals and Medical Supplies)
4. Trading
5. Agricultural Value chain
6. Airline Service providers
7. Any other income generating activities as may be prescribed by the CBN.
