NYIF Application Form is Out for Fresh Applicants | APPLY HERE

NYIF Application Form 2021 – Today I’m going to show you how to download Nigerian Youth Investment Fund (NYIF) application form 2021 online for registration exercise and #2 quickest steps to log in to the NYIF Loan application portal.

JUMP TO APPLY HERE

Today’s news report has it that, NYIF Loan Programme has commenced applications for prequalified candidates at nyif-nmfb-com-ng-app. In light of its vision into giving out N250,000 – N500,000 grants to every young Nigerian under the age bracket of 18-35 years.

Note that the Nigerian Youth Investment Fund is an Initiative of the Federal Ministry of Youth and Sports Development fully sponsored by the Central Bank of Nigeria (CBN).

NYIF Application Form Requirements

Interested applicants must note the following information before applying:

Informal Business Enterprises (Individuals (Sole Proprietors)

To apply as an Individual or sole proprietor, you must:

• be within the age of 18 to 35 years and
• Has operational businesses in Nigeria.
• Your Bank Verification Number is required
• Exact Personal Information is required.
• Your Bank Account Number (This must be for any Nigerian Financial Institution)
• A valid means of identification such as ID (A Government Issued).

Formal Business Enterprises (Youth Owned Enterprises)

Applying as a Formal Business Enterprise (Youth Owned Enterprises)

• Duly registered formal business enterprise (Youth owned enterprises) with Corporate Affairs Commission (CAC)
• Provision of Business plan Summary / Or Completed Questionnaire
• Evidence of Training Certificate from approved FMYSD EDIs
• Valid Bank Verification Number (BVNs) for Director
• Provision of Tax Identification Number (TIN)

How to Apply for NYIF Registration Form 2021

• Section #1: Go to NYIF portal: nyif.nmfb.com.ng/Applicants/New 
• Section #2: Fill in your First Name, Middle Name, Surname Name and BVN.
• Section #3: Enter your Phone Number and Residential Address. Residential State, Residential State LGA, Gender and E-mail Address.
• Section #4: Pick your Geo-Political Zone, State of origin, LGA and Educational Level.
• Section #5: Select Preferred Training Centers such as:
  • National Youth Development Center (North-Central)
  • National Youth Development Center (North-West)
  • National Youth Development Center (North-East)
  • National Youth Development Center (South-East)
  • National Youth Development Center (South-South)
  • National Youth Development Center (South-West)
  • Federal Ministry of Youth Sports and Development
• Section #6: Select How You Heard About NYIF
  • CBN
  • NMFB Staff
  • Facebook
  • Linkedin
  • SMS
  • Google Ads
  • Facebook
• Section 7: Accept NYIF Terms of Service
• Section 8: Submit Your Application

NOTE: The Nigeria Youth Investment Fund (NYIF) application form is free of charge.

NYIF Official Website Links

NYIF Application Form 2020

https://nyif.nmfb.com.ng/Applicants/New

NYIF Application Portal

https://nyif.nmfb.com.ng

NYIF Portal Login

Login to check NYIF shortlisted candidates.
https://nyif.nmfb.com.ng/ApplicantDashboard/Business/Login

NYIF Loan Application Form 2021

NYIF Loan Application portalhttps://nyif.nmfb.com.ng/app

NYIF Implementation Framework

NYIF Implementation Framework

How to Login to NYIF Application Portal

i. Visit the NYIF Official Website via https://nyif.nmfb.com.ng/login
ii. Tap the login icon and wait for the page to load
iii. Afterwards, “Enter your Email/BVN/Mobile” and “Password”
iv. After that, click on Login.

NYIF Loan Application Portal

NYIF Loan Registration Portal is currently open for NYIF shortlisted (pre-qualified) candidates to apply for the NYIF loan Programme, by clicking this link: nyif-nmfb-com-ng-app.

NYIF Loan Application Portal

NYIF Loan Registration Portal is currently open for NYIF shortlisted (pre-qualified) candidates to apply for the NYIF loan Programme, by clicking this link: nyif-nmfb-com-ng-app.

How to Apply for NYIF Loan

i. Go to https://nyif.nmfb.com.ng and tap the login button
ii. Enter your Email/BVN/Mobile and Password
iii. After that, click on Login

1. Start the Application: Tap on the icon to begin your application process.
2. Business Information: Select your “Business Sector,’ “Enterprise Type,” and “Business Development.” Once you are done then Click on “NEXT” icon.
3. Loan Details: Enter your “Proposed loan amount,” Proposed loan tenor,” Proposed loan moratorium,” Loan purpose,” Bank Name,” and “Account number.”
4. Financial Information: Answer the questions related to your financial information for example: “What is your projected average monthly sales revenue for the next 12 months?
5. Terms and Conditions: Tick the box to accept the terms and conditions that you hereby declare that the information’s provided is true and correct and that you have not been convicted of any financial crime in the last past 10 years.
6. SUBMIT: Click to Submit your application.

Important Note About Nigeria Youth Investment Fund Programme

Nigeria Youth Investment Fund (NYIF) was established on the 13th of October 2020 by the Federal Ministry of Youth and Sports Development and sponsored by the Central Bank of Nigeria.

What does the NYIF Do? The Nigeria Youth Investment Fund is a vision into giving out N250,000 – N500,000 grants to every young Nigerian under the age bracket of 18-35 years.

Nigeria Youth Investment Fun 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 a single-digit interest rate of 5%.

• GLOBAL LIMIT : N12.5 billion
  FACILITY TYPE: Term Loan
  SINGLE OBLIGOR LIMIT: Individual / Non-registered Business: Up to #250.000.00 | Registered Businesses( Business Name, Limited Liability / Corporative Societies / Commodities Associations): Up to N3,000.000.00.
• LOAN TENOR: Maximum of 5 years
• MORATORIUM: Maximum of 12 months
• Repayment Structure: Repayment will be on installment basis inline with the business and NMFB evaluation.

The NYIF application form portal is now open for interested candidates to apply.

How to Download NYIF Application Form 

Below are the steps to download NYIF Application Form for the loan program.

On your browser, type the following URL or just click on the link below:

1. nyif.nmfb.com.ng

• Just wait for a seconds for the page to load so, click on the login button.
• Select your Business Category to Proceed.

When is NYIF Portal Closing date?

The closing date for these NYIF application forms is NOT YET SPECIFIED. ADD YOUR E-MAIL ADDRESS TO GET THE LATEST UPDATE.

How to Check NYIF Shortlisted Candidate

If you have applied for NYIF, check your phone SMS if you see a message from NMFB. Fortunately for you if you see a message that looks like this one below.

Dear Applicant,
You have been pre-qualified for the NYIF loan programme, kindly click on this link to apply.
https://nyif.nmfb.com.ng/app
Thank you.

Follow the steps below.

• Go to https://nyif.nmfb.com.ng/app
• Input Your BVN
• Click Validate BVN
• Check if all your details are correct
• Create a password and confirm the password.
• Click Create Account
• NYIF will send you a verification link just exactly like the one below to your email address where you can verify your account and proceed to login to the Loan application portal.

We understand that numerous individuals are having difficulties trying to get the NYIF loan email verification link in their email, do not panic as we have a lot of testimonies of individuals who used our Guide and ended up getting the verification link.

Steps to Get Your Email Verification Link

Visit the official website nyif.nmfb.com.ng/, and click on login and provide the details used during the Registration. Just after you’ve done that, Click on “Didn’t receive token” and provide your email address. and Click on “Submit” after some minutes to check your email address.

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Final Note

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However, should you have any questions about NYIF Application Form, Please, Feel Free to let us know in the comment box.