• Advert Rates (Advertise on Mediangr)
  • APC Primaries Live Updates
  • Npower News
  • Past Questions {Download PDFs)
  • Salary Structures
  • Articles
    • Blogging Guide & Info
    • Lifestyle
    • Make Money Online
    • Student Loans
  • School News
    • Education
    • JAMB News
    • NYSC News
    • Call For Applications
    • Contests & Competition
    • Entrepreneurship
    • Fellowship
    • Masters Scholarships
    • PhD Scholarships
    • Research
    • School News
    • Short Courses & Training
    • Study Abroad
    • Undergraduate Scholarships
  • General News
    • Business
    • Metro
    • Naija News
    • Politics
    • Sports
    • Technology
  • Job Vacancy & Opportunities
    • Banking Jobs
    • Driving Jobs
    • Finance / Accounting / Audit
    • Govt. Recruitment
    • Graduate Jobs
    • ICT / Telecommunication Jobs
    • Internships
    • Jobs in Nigeria
    • Medical
    • Military Jobs
    • NGO Jobs
    • Oil & Gas Jobs
    • Salary Structures
    • Shortlist
    • Teaching Jobs
  • About us
    • About us
    • Advertising on Mediangr
    • Contact us
    • GDPR Privacy Policy
    • Newsletter
    • Privacy Policy
    • Sitemap
What's Hot

Happy New Month Messages for Friends, Lovers & Loved Ones 2022

July 1, 2022

APPLY: Amazon to recruit qualified candidates for positions in Nigeria

June 30, 2022

JAMB Warns CBT Centres Against Extortion

June 30, 2022
Facebook Twitter Instagram Pinterest LinkedIn Telegram
Facebook Twitter Instagram Telegram Pinterest
MediangrMediangr
Subscribe
  • Home
  • Advert Rates
  • Education
  • Interns
  • Jobs
  • NOUN
  • Scholarship
  • Sports
MediangrMediangr
You are at:Home General News Business NYIF Loan Application Portal 2021 – https://nyif.nmfb.com.ng
Business

NYIF Loan Application Portal 2021 – https://nyif.nmfb.com.ng

By James KaseFebruary 17, 2021Updated:February 17, 2021No Comments3 Mins Read
Facebook Twitter WhatsApp LinkedIn Pinterest Email Telegram

NYIF Loan Application Portal 2021 – https://nyif.nmfb.com.ng: The Federal Ministry of Youth and Sport is now accepting applications from young Nigerians between the ages of 18 and 30 for its N75 Billion Nigeria Youth Investment Fund (NYIF). See the requirements and how to apply below.


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. The fund is dedicated to investing in the innovative ideas, skills & talents of Nigerian youths aimed at turning them into entrepreneurs, wealth creators and employers of labour, contributing to national development.

READ: NDA Application Form 2021/2022 – 73rd Regular Course Admission

Contents

  • 1 NYIF Loan Application Portal 2021 – https://nyif.nmfb.com.ng.
  • 2 Objectives of NYIF program
  • 3 Nigeria Youth Investment Fund (NYIF) Application Eligibility.
  • 4 How to Apply for Nigeria Youth Investment Fund (NYIF) Loan.
  • 5 https://nyif.nmfb.com.ng – NYIF Application Requirements:
    • 5.1 Recommended:

NYIF Loan Application Portal 2021 – https://nyif.nmfb.com.ng.

The N75 Billion Nigeria Youth Investment Fund (NYIF) targets young people between the ages of 18-35 years and details the needed actions required to support business establishment, expansion and consequent employment creation for youth in critical economic and social sectors.


Successful applicants will undergo 5 days of compulsory online training which is free. Fund approval will range from N250,000 to N5,000,000 with a spread across group applications, individual applications, working capital loans set at 1 year, and term loans set at 3 years.

Objectives of NYIF program

  • Access- Improve access to finance for youth and youth-owned enterprises, for national development
  • Employment – Generate much-needed employment opportunities to curb youth restiveness.
  • Training – Boost the managerial capacity of the youth and develop their potential to become the future large corporate organizations.

READ ALSO: NDLEA Shortlisted Candidates 2021 Names and Checking Portal

Nigeria Youth Investment Fund (NYIF) Application Eligibility.

Individuals / Non-registered Businesses

  • Individual within the age bracket of 18 to 35 years
  • Has a valid BVN and means of ID
  • Provision of Business plan Summary or Completed Questionnaire
  • Entrepreneurship Training Certification from FMYSD Entrepreneurship Development Institutes (EDIs)

Registered Businesses

How to Apply for Nigeria Youth Investment Fund (NYIF) Loan.

Youth with business ideas that require funding can apply for the fund through the following link: https://nyif.nmfb.com.ng/Applicants/New

https://nyif.nmfb.com.ng – NYIF Application Requirements:

  • Phone
  • Gender
  • Residential Address
  • Geo-Political Zone
  • State of Origin
  • LGA
  • Educational Level
  • Select Preferred Training Center
  • How did you hear about NYIF?

Recommended:

  • NYIF Application Portal Login & Registration – www.nyif.nmfb.com.ng
  • CBN AGSMEIS Loan For SME’s and Agricultural Businesses Portal
  • FG MSME Survival Fund Program Registration Guide & Portal
  • CBN Social Housing Loan Registration Portal www.fhfl.com.ng
  • How to Access CBN Non-Interest Accelerated Agricultural Development Scheme (AADS Loan)
  • How to Access CBN Non-Interest Accelerated Agricultural Development Scheme (AADS Loan)
  • NIRSAL CBN Covid-19 Loan Portal – https://nmfb.com.ng/covid-19-support
  • CBN Loan for Creative Industry Financing Initiative (Creative Industry Loan)
  • How to Access CBN AGSMEIS Loan For SMEs & Agricultural Businesses

Previous ArticleNYIF Registration Form 2021 – How To Apply via www.nyif.nmfb.com.ng
Next Article Nigeria Youth Investment Fund Website Link 2021 [Login/Register]

Related Posts

CBN Non-Interest Loan Application Portal & How to Apply

June 13, 2022

CBN 3 Million Naira Collateral-free Loan for SMEs & Individuals

June 11, 2022

NYIF Loan Approval Status – Login to Check Your Credit Status

June 4, 2022

How To Report Nigerian Banks To CBN Over Unresolved Issues

April 26, 2022
Add A Comment

Leave A Reply Cancel Reply

Search Form

Subscribe to Updates

Get the latest creative news from Mediangr Digital Newspaper straight to your inbox.

Editors Picks

NDA Application Form 2022/2023 – 74th Regular Course Admission

April 2, 2022

Buhari Young Farmers Network Recruitment 2021 – NALDA Recruitment

January 5, 2021

NIRSAL CBN Covid-19 Loan Portal – https://nmfb.com.ng/covid-19-support

January 4, 2022

Buhari Young Farmers Network Registration 2020 Form [UPDATE]

June 22, 2020
Latest Posts

Happy New Month Messages for Friends, Lovers & Loved Ones 2022

July 1, 2022

APPLY: Amazon to recruit qualified candidates for positions in Nigeria

June 30, 2022

JAMB Warns CBT Centres Against Extortion

June 30, 2022

Mediangr.com.ng is a digital newspaper to read latest news in Nigeria, latest Nigeria headlines and breaking Naija news update 24/7.

Facebook Twitter Instagram Pinterest LinkedIn Telegram
Services
  • Banking Jobs
  • Driving Jobs
  • Govt. Recruitment
  • Graduate Jobs
  • Internships
  • Military Jobs
  • NGO Jobs
  • Teaching Jobs
  • Oil & Gas Jobs
Coverage
  • Education
  • Call For Applications
  • Competition
  • Entrepreneurship
  • Fellowship
  • Masters
  • PhD Scholarships
  • Undergraduate

Subscribe to Updates

Get the latest creative news from Mediangr Digital Newspaper straight to your inbox.

© 2022 Mediangr Digital Newspaper. Designed by HE-Reigns Computers.
  • About us
  • Advertising on Mediangr
  • Contact us
  • Privacy Policy
  • Sitemap

Type above and press Enter to search. Press Esc to cancel.