NYIF Loan Disbursement Begins – How To Check If Your Are Shortlisted for Payment.
If you have applied for a loan from the NYIF Nigerian Youth Investment Fund, it doesn’t end there. You need to follow up and make sure you get NYIF loan from the Nigerian Youth Investment Fund.
Everyone who receives a letter of commendation from NIRSAL Microfinance Bank (NMFB) is included on the NYIF loan register. To check your loan status, all you have to do is follow the instructions below.
NYIF Login: All applicants can log in to the NYIF account and check the status of their loan application dashboard.
In collaboration with the Central Bank of Nigeria (CBN) and the Nirsal Microfinance Bank, the federal government has begun approving NYIF loans to more than 25,000 applicants.
The Nigerian Youth Investment Fund (NYIF) was set up by the federal government last year to support young Nigerian entrepreneurs trying to start their own businesses.
The Nigerian Youth Investment Fund (NYIF) will distribute between NF 250,000 (two hundred and fifty thousand naira’s) and N3 million to beneficiaries. (three million naira’s), depending on the scale of the business and the valuation.
More than 6,000 young people benefited from the first distribution set for 2020. The names of the beneficiaries were announced.
The Federal Ministry of Youth Development and Sport is ready to launch a new allocation for eligible recipients of the Nigerian Youth Investment Fund (NYIF).
NYIF Loan Disbursement Begins – How To Check If Your Are Shortlisted for Payment.
Among the 25,000 successful candidates, most of the new beneficiaries who are expected to receive the loan receive an email. letters and SMS confirming the scheme approval process and instructions for accessing funds.
If you visit the official portal of NYIF today, you will see a news post on social media. According to the latest information, the Nigerian Youth Investment Fund has started approving the loan application status of some candidates.
Candidates who have been shortlisted for the program should therefore visit the official NYIF portal https://nyif.nmfb.com.ng/login and check their status.
Applicants can access their NYIF Dashboard and update their bank account information.
The program is a government-approved program developed by the federal government in collaboration with the NIRSAL Microfinance Bank (NMFB) and the Central Bank of Nigeria to provide opportunities for young Nigerian entrepreneurs in the country. The program, launched earlier this year, has benefited thousands of applicants.
All candidates are advised to log in to the above portal and use email/BVN/phone number and then password to confirm if their loan application status is approved or pending.
Below are the steps to log into the portal and visit NYIF Dashboard:
Visit the NYIF Login Official Portal https://nyif.nmfb.com.ng/ApplicantDashboard/Business/Login from your phone or desktop computer.
Enter your login details (email address and password).
Click on “Dashboard” and select the Loan Status tab.
Then click “Next” where your account information is required.
Then, after you have specified the required requirements in number ‘4’, click on “Summit”.
Congratulations to the successful applicants.
If you are unable to access the portal or have problems with the National Youth Investment Fund (NYIF), feel free to leave a comment and we’ll help you.
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NYIF Loan Disbursement Begins – How To Check If Your Are Shortlisted for Payment.
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