NYIF 2021 Loan: NYIF Reopens Loan Registration Portal – How to Apply

NYIF 2021 Loan Application – This is to inform the general public that the Nigeria Youth Investment Fund (NYIF) is currently running a loan programme.

The Nigerian Youth Investment Fund (NYIF) was set up as an initiative of the Federal Ministry of Youth and Sports Development (FMYSD) and funded by the Central Bank of Nigeria (CBN) to invest in youth ideas to build sustainable businesses that can activate enterprise and increase job opportunities in Nigeria.

APPLY FOR :- CBN N500 Million Grant for Undergraduates/Graduates 2022 – Apply Now for TIES Loan

Nigerian Youth Investment Fund NYIF Loan 2021

You can now Access up to N3 Million Credit Facility Dedicated to investing in the innovative ideas, skills & talents of Nigerian youths aimed at turning them into entrepreneurs, wealth creators and employers of labour.

Eligibility and Requirements

1) Individuals/Non-registered Businesses

a. Individual within the age bracket of 18 to 35 years

b. Candidates must have a valid BVN and means of ID

c. Provision of Business plan Summary or Completed Questionnaire

d. Entrepreneurship Training Certification from FMYSD Entrepreneurship Development Institutes (EDIs)

ALSO APPLY FOR:- Commonwealth Foundation Grants Programme for Civil Society Organizations (£30,000 in Grants per Year) – Apply

2) Registered Businesses

a. Formal business enterprises (Youth owned enterprises), duly registered with the Corporate Affairs Commission (CAC)

b. Business plan Summary or Completed Questionnaire

c. Valid Bank Verification Number (BVNs) of Directors

d. Provision of Tax Identification Number (TIN)

e. Entrepreneurship Training Certification from FMYSD EDIs

How to apply for NYIF Loan 2021

Interested candidates should kindly Click here to apply for NYIF loan

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