Latest News On Nirsal Microfinance Bank Loan For Today 28th March 2022
Welcome to GoldenNewsNg, In this article, we have compiled the latest happening last week on Nirsal Microfinance Bank Loan to keep you updated.
Below is the Latest News On Nirsal Microfinance Bank Loan For Today 28th March 2022
Nirsal Microfinance Bank Marks 3years Anniversary
Nirsal Microfinance Bank has reached three years of successful operation, three years of changing lives as they marked their Anniversary today.
According to NMFB:
“Today marks the 3rd Anniversary of NIRSAL Microfinance Bank Indeed! It’s been THREE YEARS of changing lives. THREE YEARS of reaching out to the unbanked across the country, transforming and sustaining the growth of Small Business Enterprises in Nigeria.”
“It’s been THREE YEARS of disbursing: Over 350 billion naira Covid-19 loans; More than 13 billion naira Non-Interest-Banking loans; Close to 2 billion naira Nigeria Youth Investment Fund loans, A little over 117 billion naira AGSMEIS loans; and Close to 39 billion naira Anchor Borrowers Programme loans to beneficiaries nationwide. Happy 3rd Anniversary NMFB!”
CBN Cuts Interest Rate On Intervention Loans To 5%
Following the ongoing global economic crises over the Coronavirus (COVID-19) the Central Bank of Nigeria (CBN) has announced the reduction of interests rate on its intervention loans from nine percent to five percent, as well as, an extension of the moratorium from one to two years, to buffer the Nigerian economy.
The CBN Governor, Mr. Godwin Emefiele, who disclosed this at a press briefing in Abuja, yesterday, said that the measures were the bank’s first set of responses to the COVID-19 global crisis, which has adversely affected businesses in many sectors across the world.
He also announced a N50 billion additional fund for the NIRSAL Micro Finance Bank for on-lending to Small and Micro Enterprises.
Dubious NIB Vendors To Face Punishment
The Managing Director of the Nirsal Microfinance Bank, Abubakar Abdullahi Kure has warned its approved vendors of the Non-Interest Banking Window for TCF & AGSMEIS Loan who engage in any unethical Practices will be handed over To Law Enforcement Agencies.
Mr. Abubakar Abdullahi Kure disclosed this during a recent meeting of the Bank on the Loan Programme on Friday.
Kure who appraised the Bank’s accredited vendors for Non-Interest Banking window for TCF & AGSMEIS, tabled various complaints from aggrieved beneficiaries at the event which was attended by over fifty vendors from different parts of the country.
CBN Cuts Interest Rate On Intervention Loans To 5%
Following the ongoing global economic crises over the Coronavirus (COVID-19) the Central Bank of Nigeria (CBN) has announced the reduction of interests rate on its intervention loans from nine percent to five percent, as well as, an extension of the moratorium from one to two years, to buffer the Nigerian economy.
The CBN Governor, Mr. Godwin Emefiele, who disclosed this at a press briefing in Abuja, yesterday, said that the measures were the bank’s first set of responses to the COVID-19 global crisis, which has adversely affected businesses in many sectors across the world.
He also announced a N50 billion additional fund for the NIRSAL Micro Finance Bank for on-lending to Small and Micro Enterprises.
Dubious NIB Vendors To Face Punishment
The Managing Director of the Nirsal Microfinance Bank, Abubakar Abdullahi Kure has warned its approved vendors of the Non-Interest Banking Window for TCF & AGSMEIS Loan who engage in any unethical Practices will be handed over To Law Enforcement Agencies.
Mr. Abubakar Abdullahi Kure disclosed this during a recent meeting of the Bank on the Loan Programme on Friday.
Kure who appraised the Bank’s accredited vendors for Non-Interest Banking window for TCF & AGSMEIS, tabled various complaints from aggrieved beneficiaries at the event which was attended by over fifty vendors from different parts of the country.
CBN Disburses N159.21 Billion to 330,128 Women
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has stated that its office has given a sum of N159.21 billion to 330,128 females under the NMFB Targeted Credit Facility (TCF) designed to support household and Micro, Small, and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic.
NMFB Starts New Disbursement Of Covid-19 TCF Loan To Approved Beneficiaries
If you are one of the Nirsal Microfinance Bank Covid 19 TCF Loan Successful beneficiaries, you will be happy to know that NMFB has finally started fresh disbursement Covid-19 TCF loan to approved beneficiaries.
This was disclosed on one of the Nirsal Microfinance Bank Facebook groups by beneficiaries who expressed their happiness after recently receiving an alert of their Loan from Nirssal Microfinance Bank.
Nirsal Microfinance Bank Sends New Notice To Applicants On Loan Approval
The Nirsal Microfinance Bank NMFB has warned all Covid-19 Targeted Credit Facility or AGSMEIS loan applicants to ignore any loan approval message demanding them to pay money in order to secure their Loan.
NMFB disclosed this on their official Facebook page where they stated that the fraudsters are currently circulating fake approval messages, extorting money from applicants.
They went further to warn all applicants that NMFB will not ask for money in order to access Covid-19 Targeted Credit Facility or AGSMEIS Loan.
NMFB NIB Vendors Continues Disbursement Of Equipment To Loan Beneficiaries
Nirsal Microfinance Bank has disclosed photos of Non-Interest Banking window beneficiaries receiving their items from their various vendors which were assigned to them during their loan approval.
The photos which were disclosed on their official Facebook page showed Non-Interest Banking window Loan beneficiaries receiving their equipment from their vendors
