CBN: N50bn COVID-19 Loan, No application fee

The Central Bank of Nigeria (CBN) has said it does not collect any form of charges on applications for its N50 billion COVID-19 loan facility for small-scale businesses.

The apex bank responded yesterday to social media reports that it was demanding for application processing fees from loan seekers and owners of SMEs to before they can access the facility.

https://leadership.ng/2020/04/14/no-application-fee-for-n50bn-covid-19-loan-cbn/