CBN opens stimulus package registration portal for Nigerians

The Central Bank of Nigeria has opened a portal for Micro, Small and Medium Enterprises and households affected by COVID-19 to access N25 million.
The portal and funds will be accessed using the NIRSAL Microfinance Bank.
This was announced by one of President Muhammadu Buhari’s aide, Bashir Ahmad, via his Twitter handle on Wednesday.
“The CBN, through @NirsalMFB introduces a stimulus package to support households and MSMEs affected by the COVID-19 pandemic. An individual can access up to N25 million,” Mr. Ahmad tweeted via his official handle.
The microfinance bank also made a similar announcement on Twitter.
It said, “Dear customers, the loan application portal is up and running. Please continue your application process.”
The scheme followed the federal government’s announcement that the ‘Survival Fund Payroll Support Portal’ would be reopened for states, aimed at supporting vulnerable businesses in the payroll obligations of over 500,000 employees.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

NationWide
Shettima urges state governments to unlock Nigeria’s economic potential
According to Mr Shettima, Nigeria is not poor in opportunities.

States
Iyabo Obasanjo returns to PDP, gets Ogun central senatorial ticket
She promised to uphold the ideals of the PDP and serve with integrity, humility and dedication.

Hot news Home top
Ukraine War: UK sanctions woman for recruiting Nigerians, other nationals to fight for Russia
Mrs Azarnykh was sanctioned on 5 May.

Heading 2
Customs, ABC strengthen trade ties
Ms Enwereji called for faster mechanisms to resolve outstanding challenges affecting businesses.

Economy
FG, states, local governments shared N2.3 trillion May 2026 revenue: FAAC
He further explained that total deductions for cost of collection amounted to N123.546 billion.

Heading 3
FG to establish GBV safe spaces in all 774 LGAs
She expressed concern over the increasing cases of GBV across the country.






