Connect with us

Hi, what are you looking for?

E-Financial

NIRSAL Microfinance Bank Warns Public on Loan Scammers

NIRSAL Microfinance Bank on Monday raised the alarm over the activities of scammers posing as its staff or agents, demanding and receiving money from unsuspecting members of the public purportedly to secure COVID-19 Targeted Credit Facility (TCF) or the Agri-Business Small and Medium Enterprises Investment Scheme (AGSMEIS) loan.

NIRSAL in a statement cautioned the public against falling prey to such people because the COVID-19 Targeted Credit Facility being disbursed by NMFB on behalf of the Central Bank of Nigeria is a loan and not a grant which beneficiaries must pay back with interest.

“We also wish to inform the general public who may have been scammed by these unscrupulous people to lodge a complaint on our Whistleblowing portal by sending us an email on [email protected]

The Central Bank of Nigeria (CBN) unveiled an initial N50 billion target credit facility for households and small and medium enterprises hit by the COVID-19 pestilence last year.

The loan was through the NIRSAL Microfinance Bank.

Following its success, the apex bank unveiled another N50 billion for the same purpose.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ad

You May Also Like

Tech

Seven families in France have launched legal proceedings against TikTok, accusing the social media platform of exposing their teenage children to harmful content, allegedly...

News

Equatorial Guinea’s financial crime chief, Baltasar Ebang Engonga, head of the National Agency for Financial Investigation (ANIF), finds himself at the center of a...

News

MTN Nigeria has received a “Media Capacity Development Support Award” for its immense contributions towards the growth and development of media practitioners across Nigeria....

News

Hydro Electric Core Generator has emerged as the winner of the Renewable Energy Innovation Challenge 2024, earning accolades for its innovative approach to addressing...