NYIF Loan Application Portal 2024/2025 | How to Apply
Applications for the NYIF Loan are now open for the 2024/2025 session. All interested candidates are invited to apply. Below are all the details you need to know, including the requirements, application closing date, and instructions on how to apply.
The NYIF Application Portal was established to capture young people who are in need of the Nigerian federal government grant in order to revive their businesses and keep their staff engaged instead of relieving them of their job.
Nigerian youths who are selected will receive a grant ranging from N250,000 to N5,000,000. Don’t wait – access the portal and start applying right away!
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.
Disqualification 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 to Apply for NYIF Loan
To apply for the Nigerian investment Fund (NYIF) loan, visit www.nyif.nmfb.com.ng and click on register. The NYIF Portal is currently closed, so wait until the Federal Government reopens the portal to apply online.
