NYIF 2021 Loan Application Portal has Re-opened| Apply Now

We hope this article helped you successfully apply for NYIF N75Billion Loan – 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.

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

RECOMMENDED: Tertiary Institution Entrepreneurship Scheme Loan Registration 

Who Is Eligible?

1) Individuals/Non-registered Businesses

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

b. Has 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)

IMPORTANT: How To Apply For CBN Undergraduate and Graduate TIES Grant

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

READ – NYIF Loan Application Form 

How to apply fo NYIF Loan 2021/2022

Interested and qualified persons can now apply for this opportunity, using the link below

Click here to apply for NYIF loan

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