nyif.nmfb.com.ng/NYIF Application Form 2024 successful candidates |Registration Portal
We are sure you have heard about the Nigeria Youth Investment Fund Loan? You might have made up your mind to apply or rather you are looking for a way to apply for the Loan?
If your answer to those questions is yes then you are on the right page as we have bundle of good news for you! The good news is that The NYIF Loan Application Portal has been Reopen Again.
Being a successful beneficiary of the Nigeria Youth Investment Fund Loan will give you Access to funds up to N3 Million Credit Facility which is Dedicated to investing in the innovative ideas of Nigeria Youth , more also skills & talents of Nigerian youth will be better appreciated.
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.
Over N165,700,000 worth of loans has been disbursed to over 239 beneficiaries so far. Remember that over 3 million applicants applied for the loan and the fund is being disbursed through Nirsal.
More beneficiaries will be added more, because over N75 billion Nigerian Youth Investment Fund (NYIF) has been approved
Note that this is a programme that seeks to invest in youth, that’s why it’s tagged youth involvement fund. For any applicant to be considered worthy to receive this grant, he or she must have come of age or be in the age bracket 18 to 35 years of age.
Application for this 2022 tranche reopens . Thereafter, successful applicants will continue to be notified in batches and invited for the next processes that will lead to loan disbursement to qualified applicants.
When submitting your application online you are all advised to kindly exercise some little patience like waiting a little while for the computer system to process their registration online.
Secondly we are made to understand that the Nigerian Youth Investment Fund second phase application is currently being processed with SMS and emails being sent out to applicants in batches
application is ongoing.
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 NYIF Application Form
- Your BVN Number is needed
- Your full Names also needed
- Your Business information is needed
- Age requirement for this year application is 18-35 years
- NYIF application is for male and female applicants.
Who is Eligible for NYIF Registration Funds?
- As long as you are a Nigerian of age 18 to 35 years of age.
- You should have an Approved FMYSD EDIs Training Certificate
- You should also operate a business.
- Your business should have a comprehensive business plan
- Your business should be registered.
- Your business should have a TIN.
See those who are not considered eligible for NYIF Registration :
- If you have ever benefited from NMFB grants or loan.
- Government have various empowerment scheme so beneficiaries aren’t allowed to apply for NYIF Registration
- Those who don’t have identity card, local Government certificate etc.
- Those with criminal record won’t be allowed.
How NYIF Application is Done?
Nigeria Youth Investment Fund (NYIF) recruitment is free and can be done online. To start your application follow this link:
Check out the Web page here
Enter this url on your browser so as to login to your profile account
Please follow the steps we are giving here according. If you encounter any problem please use the comment section to notify us.
Next you have to
Select the center closer to you.
Indicate how you come across this grants.
You are to fill your Middle Name, Last name, and BVN
Now finally accept the terms of this application.
You can now submit your application if you feel satisfied submitting the application.
NYIF Loan Approval is Ongoing – Login NYIF DASHBOARD Check Status
Check Your NYIF Loan Status on DASHBOARD as NYIF Loan Approval is Ongoing
NYIF Login: those who applied for the NYIF loan from the federal government are being called up to login and check their status as regards the loan request from the Government.
The status of applicants could be seen on the loan application dashboard after they must have login.
A visit on the Nigerian investment fund official loan application portal, we saw that latest information concerning loan approval and disbursement was posted.
Those who are hopeful that they will be shortlisted for the loan disbursement need to first login to the dashboard, please remember that the official portal remains portal https://nyif.nmfb.com.ng/login.,
it’s said that those shortlisted can now be able to view all current credit status. This status is visible from the very first day their loan request was approved or granted.
Its important that those shortlisted should do quickly and all its takes to update their bank account details on the portal, all information should be correct.
However, the Nigeria Youth Investment Fund is a pet program of the government which was approved to function in collaboration with the NIRSAL Microfinance Bank (NMFB) which is one of the major sponsors alongside the Central Bank of Nigeria (CBN).
This team has come together to give Nigerian youth who aspire to be an entrepreneur a sense of belonging by providing them the necessary machines, tools, cash and equipment to run their businesses.
To access your dashboard try make use of your email/BVN/phone number and then password, all this can be used to check your current loan request status.
Below are the steps to log into the portal and visit NYIF Dashboard:
- Here is the portal of NYIF where you are to Login to https://nyif.nmfb.com.ng/ApplicantDashboard/Business/Login. You can login from your mobile phone, laptops or any device that connects to Internet.
- Please Enter your NYIF login details (such as email address and password) as said before.
- When the page opens, you are to Click on “Dashboard” and select the Loan Status tab.
- Now you should click “Next” here you information based on your account is required.
- Then, after you have specified the required requirements in number ‘4’, click on “Summit”.
Congratulations once more again to all successful applicants of nyif
List of Successful Candidates for the 2022 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.
Nigeria Youth Investment Fund (NYIF) team will shortly contact those who are shortlisted either via sms or through their mail box used to apply for this programme.
Above is the twitter handle and they made us to understand that the list will be made available to the general public soon.
What is NYIF?
National Youth Investment Fund. Its meant to empower our youth and keep their business up and running.
Is NYIF for Individuals or Registered Companies?
NYIF is best suited for registered business that meets all requirements will quickly access the funds rather than just an individual.
How many times can i register for NYIF?
Each time the portal is activated, you can apply just once but once you becomes a beneficiaries you won’t be allowed to apply again.
How is NYIF participants trained?
A convenient means of impacting the best practices as regards business training will be done using various channels. One of these channels is via WhatsApp groups and other social media sites
Is NYIF real or fake?this is what Nigerians are asking.
You might have received mails offering you free grants but which turns out to be scam, but this time The Nigerian Youth Investment Fund is legit, it is not fake.
It is a scheme that has been endorsed by the Federal Government, central bank of Nigeria, Federal Ministry of Youth and Sports Development etc.
Absolutely Nigerian youth investment fund is a loan given out to businesses owners to keep them up and running so as to keep the economy alive.
Are you a registered user already? If yes, To log into your profile you need to click on this link here. “https://nyif.nmfb.com.ng/ApplicantDashboard/Business/Login”
Enter your details such as username and password
The Nigerian Youth Investment Fund website is “https://nyif.nmfb.com.ng/Applicants/New”
That’s the official website approved by the government
So many Nigerians are asking if NYIF is a loan or a grant.
To set the record straight the Nigerian Youth Investment Fund (NYIF) is a loan that comes with an interest rate of 5%.
To access the Nigerian youth investment fund, you need sign up for the programme and if you are qualified to receive the fund you will be notified via SMS and a step will be sent to you to update your account and other details.
Funds are usually sent to beneficiaries through their bank account.