NIRSAL Microfinance Bank Raises the Alarm over Fake Staff, Agents


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By Ndubuisi Francis

NIRSAL Microfinance Bank (NFMFB), owned by the Central Bank of Nigeria (CBN) and Bankers’ Committee, has raised the alarm over some unethical practices by individuals disguising as its staff or agents to hoodwink unsuspecting members of the public.

In a statement issued Monday, the bank said its attention had been drawn to some unethical practices being perpetrated by individuals disguising as its staff or agents, demanding and receiving money from unsuspecting members of the public purportedly to secure COVID-19 Targeted Credit Facility or the AGSMEIS Loan.

It, therefore, warned members of the public against falling prey to such people, adding that the COVID-19 Targeted Credit Facility being disbursed by it on behalf of the CBN, is a loan and not a grant as beneficiaries must pay back with interest.

The statement read: “The attention of the management of NIRSAL Microfinance Bank has been drawn to some unethical…

Source: Thisday Newspaper

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