COVID-19 loans’ll be disbursed 48 hours after approval – CBN

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COVID-19 loans’ll be disbursed 48 hours after approval – CBN
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The Central Bank of Nigeria has said all successful applicants that have submitted their account details for the COVID-19 Targeted Credit Facility should expect to be credited within 48 hours.

The Director, Corporate Communications of CBN, Isaac Okorafor, disclosed this in a statement on Monday.

Okoroafor advised all successful applicants whose accounts had not been credited to visit the website of NIRSAL Microfinance Bank and input their account details. He noted that the CBN had waived the requirements for the provision of guarantors by households and small and medium enterprises applying for the facility worth N50bn.

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