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NIRSAL Microfinance Bank Warns Public on Loan Scammers

Comms Week15 Mar 20210 Comments
NIRSAL Microfinance Bank Warns Public on Loan Scammers
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NIRSAL) 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…

NIRSAL) 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 Microfinance Bank Warns Public on Loan Scammers

NIRSAL Microfinance Bank 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.

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