The Central Bank of Nigeria (CBN) is disbursing the N50bn COVID-19 Targeted Credit Facility to support Households and Micro, Small and Medium Enterprises (SME) affected by the pandemic through the Integrated National Association of Microfinance Banks Unified IT Platform (NAMBUIT) deployed by Inlaks for NIRSAL Microfinance Bank.

The NIRSAL National MFB is an initiative of the Central Bank of Nigeria (CBN), in collaboration with other major stakeholders like the Bankers Committee, Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), and the Nigerian Postal Service (NIPOST). The purpose of the bank is to complement the efforts of the CBN towards addressing the needs of Nigerians at the bottom of the pyramid and deepen financial inclusion.