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CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday - Business (255) - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday (655703 Views)

SCAM ALERT: Theobarth grant disbursement / CBN’s N50bn COVID-19 Fund Disbursement June Applicants / How To Apply For NIRSAL Microfinance Bank CBN N50bn COVID-19 Loan. (2) (3) (4)

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Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by akanmunimi: 7:20am On Mar 16, 2021
Pls house. How do we check our status? Whether approved or not approved? Now that we are having people talking about approval now. Thanks
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by kingbee90: 8:57am On Mar 16, 2021
meetgaya:

you can still apply. I applied last year too in but didn't get approval. someone ask them on their page if he can still apply again since he didn't get approval, NIRSAL responded that if you didn't get their fund you can still reapply. I applied for SME last year this time is household

Sir, Do u know why ur application under SME was not approved the last time? Was your TIN, CAC number & BVN in order? What could have gone wrong? Do you also know someone who's application under SME was granted?
I just applied under SME and I'm concerned.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by uthlaw: 8:59am On Mar 16, 2021
Munirboss:
Just got approved of 500k this morning. I think they are still approving the last application.
you received SMS or you check through there website?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by meetgaya: 9:05am On Mar 16, 2021
Munirboss:
Just got approved of 500k this morning. I think they are still approving the last application.

wow!! congratulations. so we should stay expectant.
SME or household?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by meetgaya: 9:07am On Mar 16, 2021
kingbee90:


Sir, Do u know why ur application under SME was not approved the last time? Was your TIN, CAC number & BVN in order? What could have gone wrong? Do you also know someone who's application under SME was granted?
I just applied under SME and I'm concerned.

everything is in order sir. I don't specific but most from social media and even here got SME approvals
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Munirboss(m): 9:12am On Mar 16, 2021
uthlaw:
you received SMS or you check through there website?
Through web

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Munirboss(m): 9:13am On Mar 16, 2021
meetgaya:


wow!! congratulations. so we should stay expectant.
SME or household?

I think its SME

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by uthlaw: 9:15am On Mar 16, 2021
Munirboss:

Through web
please help me with the link!
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Munirboss(m): 9:19am On Mar 16, 2021
uthlaw:
please help me with the link!

https://covid19.nmfb.com.ng/HomeLoans

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Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by fiddzy(m): 11:19am On Mar 16, 2021
Munirboss:
Just got approved of 500k this morning. I think they are still approving the last application.
chairman pls when did u apply that u got approval , is it up to a month.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by fiddzy(m): 11:23am On Mar 16, 2021
lakesidepapa:
HOUSE PLEASE WHAT MEANING OF "TENOR IN MONTHS" AND "MOTORIDUN(not sure of the spelling) IN MONTHS".

In the tenor in months, I selected 24 and the motoridun in months, I selected 12. I hope I am on point?

BTW,I applied household loan and It was successful, are they confirming it to us via email? Cos I haven't receive any message..


@eassy007 manlawal truvine peeps4u kingbee90 et.al

God bless you All...!
lol...abeg no kill person with laugh, ewo ni motoridun

2 Likes 1 Share

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by lakesidepapa(m): 11:26am On Mar 16, 2021
fiddzy:
lol...abeg no kill person with laugh, ewo ni motoridun

mistake ni jare
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Gcool2(m): 11:42am On Mar 16, 2021
[quote author=Munirboss post=99923912]Just got approved of 500k this morning. I think they are still approving the last application. [/quotel]when did you apply? Last year or this year?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by uthlaw: 11:43am On Mar 16, 2021
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Gcool2(m): 11:43am On Mar 16, 2021
Did you apply last year at all?
Munirboss:
Just got approved of 500k this morning. I think they are still approving the last application.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Tekenny: 12:08pm On Mar 16, 2021
SADYBABA:
they haven't started approval for the ongoing applications, but from the look of things, it'll be fast and there won't be '' BVN DOES NOT EXIST'' this time cos BVN validation has been done in the application process. I think the next step would be notification of amount approved and request for applicants account details.
Please I misplaced my reference code but my application was successful. How can I retrieve it and will it have any effect?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Munirboss(m): 12:27pm On Mar 16, 2021
fiddzy:
chairman pls when did u apply that u got approval , is it up to a month.

April 29th Lasy year
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Munirboss(m): 12:28pm On Mar 16, 2021
Gcool2:
Did you apply last year at all?

Yes, the approval is that of last year application. I applied on 29th April 2020

1 Like

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Orente21(f): 12:32pm On Mar 16, 2021
essay007:

1. Register an account on CAC website.
2. Make a name reservation N500 and some service charge of about 116
3. Once name is reserved you'll log in and copy ur name reservation code. Use that code to commence the business registration process.
Payment for Business reg thru remita is 10k, plus some service charge
4. Fill the form and upload the required documents (passpt, means of ID, Signature and payment receipts)
5. Wait for it to be approved if all goes well.

Mine was a hassle. I was queried several times so here are some tips for u to avoid the pitfalls.
* Sign your signature on a white sheet of paper and upload.
* When uploading documents, the one marked others (last one) is where u upload receipt (I didn't upload initially and I was queried.)
*Keep ur business description brief. About 100 characters per nature of business.
*they only accept pdf or JPEG so used a PDF merger to merge ur ID card back and front before uploading.
*use PC for ur registration to make ur life easy
*If u need more assistance just ask.

Cheers and Good luck mate!
hello sir, I have registered my business name for approval. But I noticed that my signature and my passport refuse to upload despite using JPEG. Or is it dt my payment have not been confirmed. Since yesterday.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by essay007(m): 2:08pm On Mar 16, 2021
Orente21:
hello sir, I have registered my business name for approval. But I noticed that my signature and my passport refuse to upload despite using JPEG. Or is it dt my payment have not been confirmed. Since yesterday.
Try uploading again. The payment has noth to do with that.
When uploading it'll show the percentage of load, and when completed it'll show "uploaded". Just click on save
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by adeblow(m): 2:14pm On Mar 16, 2021
Please does anybody know the name of their app that i can download so that I can check the microfinance bank whether my money has been deposited in their bank?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Orente21(f): 2:29pm On Mar 16, 2021
essay007:

Try uploading again. The payment has noth to do with that.
When uploading it'll show the percentage of load, and when completed it'll show "uploaded". Just click on save
thanks sir.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by uyogabie(f): 3:39pm On Mar 16, 2021
Some one I applied for last year just got and approval for 2.5 million SME.
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Khisagye(m): 3:47pm On Mar 16, 2021
For those it may concern

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by kingbee90: 4:03pm On Mar 16, 2021
uyogabie:
Some one I applied for last year just got and approval for 2.5 million SME.

Wow! Good to hear that.
Since you are the one who applied for him. Did you request for an amount higher than 2.5m & they ended up approving 2.5m or you specifically applied for 2.5m?

1 Like

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Decemberist306: 4:10pm On Mar 16, 2021
Please guys I need your help, how do I resolve this and continue my registration.
The captcha is not coming up

Please help.

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by Decemberist306: 4:19pm On Mar 16, 2021
Guys please help
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by dhrey: 4:26pm On Mar 16, 2021
fiddzy:
lol...abeg no kill person with laugh, ewo ni motoridun
Loool
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by adeblow(m): 4:29pm On Mar 16, 2021
KrimanOlivia:
I think the issue of those that had their money sent to their NMFB account number apply to SME applicants. If you are householder applicant that got the money sent to your NMFB Account number, please identify!

Also, I'm yet to see a SME applicant that has received his/her money to his bank account. No cause for alarm yet!

My SME Loan has been approved. Please what app can I download or how can i check my NMFB account for the balance since i only provided my bank information?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by kingbee90: 4:51pm On Mar 16, 2021
adeblow:


My SME Loan has been approved. Please what app can I download or how can i check my NMFB account for the balance since i only provided my bank information?


how much was applied for and was the same amount approved?
Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by uyogabie(f): 6:28pm On Mar 16, 2021
kingbee90:


Wow! Good to hear that.
Since you are the one who applied for him. Did you request for an amount higher than 2.5m & they ended up approving 2.5m or you specifically applied for 2.5m?
Actually,I applied for 500k under house hold.When he got the approval SMS,we checked the house hold loan section his BVN does not exist only for us to check the SME,low and behold,2.5M was approved.We are waiting for disbursement.

1 Like

Re: CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday by BernieLee(m): 6:40pm On Mar 16, 2021
uyogabie:

Actually,I applied for 500k under house hold.When he got the approval SMS,we checked the house hold loan section his BVN does not exist only for us to check the SME,low and behold,2.5M was approved.We are waiting for disbursement.
Just imagine. Congrats jare. Only God knows their approval parameters.

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