The Central Bank of Nigeria has said all successful applicants that have submitted their account details for the COVID-19 Targeted Credit Facility should expect to be credited within 48 hours. The Director, Corporate Communications of CBN, Isaac Okoroafor, disclosed this in a statement on Monday. According to the CBN, the applicants are households and small and medium enterprises hit hard by the COVID-19 pandemic. Okoroafor advised all successful applicants whose accounts had not been credited to visit the website of NIRSAL Microfinance Bank and input their account details. He noted that the CBN had waived the requirements for the provision of guarantors by households and small and medium enterprises applying for the facility worth N50bn. Okorafor said the bank’s move was meant to assuage the concerns of those who had fulfilled all requirements for the loan but were yet to have their accounts credited, particularly as other persons had begun to receive credit alerts. Learn more about your ad choices. Visit megaphone.fm/adchoices