Tag: N50b COVID-19 Loan Facility
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NIRSAL suspends controversial N10k charges, business plans to access CBN’s N50b COVID-19 facility after severe public outcry
Sequel to the public outcry against its policies, Nigeria Incentive-Based Risk Sharing system for Agricultural Lending, NIRSAL Microfinance Bank (NMFB) has resolved that the business plans for the N50 billion Targeted Credit Facility as a stimulus package to support households and MSMEs mostly affected by the COVID-19 epidemic in Nigeria is no longer mandatory. TheNewsGuru.com…