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NIRSAL clarifies misconceptions on intervention credit facilities

NIRSAL clarifies misconceptions on intervention credit facilities
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CBN s intervention facilities not grants — NIRSAL MFB

CBN s intervention facilities not grants — NIRSAL MFB
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NIRSAL microfinance bank clarifies misconceptions about intervention credit facilities in Nigeria

NIRSAL microfinance bank clarifies misconceptions about intervention credit facilities in Nigeria
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Credit Facility: NIRSAL Microfinance Bank Clarifies Position Regarding Intervention

By Tony Obiechina, Abuja In response to recent speculations among beneficiaries, NIRSAL Microfinance Bank has reiterated that the Central Bank of Nigeria (CBN) intervention facilities administered by NMFB were not grants, contrary to some assertions. The bank has consistently maintained direct communication with beneficiaries, refuting claims of intermediaries/agents representing the bank. The loans provided at

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