CBN N500M Grant 2023 Requirements & Application

CBN N500M Grant 2023 Requirements & Application

There is a CBN N500M grant which was introduced by the Central Bank of Nigeria (CBN) for the Micro Small and Medium Enterprises (MSMEs) as a response to the economic impact of the COVID-19 pandemic.

To be eligible for the CBN N500M grant, applicants should be a Micro Small and Medium Enterprises (MSMEs) and must meet certain requirements, which may include:

CBN N500M Requirements 2023

The applicant must be a registered and verifiable Micro Small and Medium Enterprises (MSMEs) as defined by the CBN.

The applicant must have a valid Tax Identification Number (TIN).

The applicant should not be a public company and should not be owned by any Federal, State or Local Government.

The applicant should not have been convicted of any financial crime in the last 10 years

The applicant should be operating within the approved sectors by the CBN.

The applicant should be able to present a clear business plan and have their account domicile with any Nigerian deposit money bank.

It’s important to note that the grant program is still in progress and some changes may happen, or the program may not be available in all the states, thus it is best to check with the Central Bank of Nigeria (CBN) and relevant authorities for the current status of the can check the CBN website or contact the appropriate department at the CBN for more information on how to apply for the grant and for any other specific requirements.

Register Email for CBN N500M Application 2023

Voice of Nigeria (VON) is a reputable organization that provides valuable information and resources to the public. One of the ways to stay informed and up-to-date on their programs and initiatives is by registering for email updates on their website.

If you’re interested in being notified when applications for the CBN 2023 Grant are open, I would recommend registering your email on their website at By doing so, you’ll receive notifications and updates about the application process and other important information regarding the program, straight to your inbox.

To register, you can visit the website and find a “subscribe” or “register” button, where you can input your email address and click submit. Once you are registered, you’ll receive updates on new programs and application process.

Additionally, It would be a great idea to check their website regularly and also follow their social media accounts to stay informed of new developments. By following the steps above, you will be one of the first to know when the application process begins.

Steps to Register

Sign up with your email on to receive updates about the CBN N500M Grant 2023. By doing so You will receive alerts and notifications about new developments or changes to the program, as well as other important information.