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NYIF Disbursement Begins: How to Check Nigerian Youth Investment Fund Loan Status
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 a 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 they have to do is follow the instructions below.
Check Your NYIF Loan Status on DASHBOARD as NYIF Loan Approval is Ongoing
NYIF Login: All applicants can login 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), set up by the federal government last year to support young Nigerian entrepreneurs trying to start their own businesses, was set up to approve loans for successful candidates.
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).
Of the more than 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
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