Nigeria Youth Investment Fund

A new website has been opened for the application of the Covid-19 support fund. According to a statement posted by Nirsal Microfinance Bank website, they stated that a new website had been opened to visit for the Covid-19 support.

According to Nirsal Bank, the Covid-19 targeted credit facility for application and opened a website to new applicant that had not been funded last during the covid-19 support packages.

All You Need to Know About NYIF Application Form Portal Login 2021

Nigerian Youth Investment Fund NYIF is a government initiative created to boost the Nigerian economy through leverage and access to finance for youths.

The purpose of the fund is to serve as a catalyst to unleash the potential of the youth and enable many of them build businesses that will increase the employment rate. The NYIF aims to reach 500,000 youth annually between 2020 and 2023.

Each fund approval will range from N250, 000 to N50, 000,000, with a spread across group applications, individual applications, working capital loans set at 1 year and term loans set at 3 years with single digit interest rate of 5%. Disbursement will be through various channels, which will include micro finance, finance firms and deposit money banks regulated by the Central Bank of Nigeria and supported by Bank of Industry. Nigeria Youth Investment Fund (NYIF) recruitment and online application that targets to assist small businesses especially farmers in Nigeria who are being threatened by recession, economic hardship is here.

NYIF Application Portal was established so as to capture youth that needs the Nigerian federal government grant so as to revive their businesses, help keep their staff engage rather than relief them of their Job. Nigeria Youth who are lucky enough to be selected as winner or finalist will get N250,000 – N5,000,000. What are you waiting for? Access the portal right away and start applying

Requirements for the NYIF Application Form Portal Login 2021

  • Official Government Identification
  • Applicant must be between the ages of 18 and 35 years old
  • Notarized Guarantor Forms
  • Passport photographs
  • Bank Verification Number
  • Training Certificate
  • Fundable business idea
  • Registered business
  • Nigeria Citizenship
  • NYSC certificate for graduates

Who are Not Eligible for NYIF the Registration

  1. Previous beneficiaries of NMFB grants or loan.
  2. Beneficiaries of other government empowerment scheme
  3. Those who don’t have identity card, local Government certificate etc.
  4. Those with criminal record.

How to fill the NYIF Application Form Portal 2021

Nigeria Youth Investment Fund (NYIF) application is free and can be done online. To start your application

  1. follow this link: https://nyif.nmfb.com.ng/Applicants/New
  2. Select the center closest to you
  3. Indicate how you heard about NYIF
  4. Enter your Middle Name, Last name, and BVN
  5. Accept the terms & conditions
  6. Click the submit button

Full List of Successful Candidates for the 2021 Nigeria Youth Investment Fund (NYIF)

The Nigeria Youth Investment Fund (NYIF) list of shortlisted candidate will be released in no distance time, so keep calm as we update the page.

Those who are shortlisted will be contacted by the Nigeria Youth Investment Fund (NYIF) team either by mail box or through sms.

By flippstack

I am the CEO of flippstack.com, a full-time blogger and a web developer.

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