HOW TO APPLY NYIF – nyif.nmfb.com.ng | nyif | http://nyif.nmfb.com.ng
Application for the Nigerian Youth Investment Fund, NYIF, dedicated to investing in the innovative ideas, skills, talents and enterprise of the Nigerian Youth and aimed at turning them into Enterprenuers, wealth creators and employers of labour contributing to national development has begun.
Are you looking for the application portal for Nigeria Youth Investment Fund (NYIF) Do you want to apply for NYIF fund via the NYIF Portal at nyif.nmfb.com.ng ?
PURPOSE FOR THE NIGERIAN YOUTH INVESTMENT FUND AND HOW TO APPLY VIA NYIF PORTAL
NYIF is to serve as a sort of Youth Bank that will fund and support the innovative ideas, skills, talents and enterprise of the Nigerian Youth; a loan and credit pathway dedicated to assessing credit and soft loans. Interested Nigerians seeking such loan will have to visit the NYIF website http://nyif.nmfb.com.ng/
WHAT YOU SHOULD KNOW WHILE APPLYING VIA NYIF PORTAL nyif.nmfb.com.ng | nyif | http://nyif.nmfb.com.ng
- The fund 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 single digit interest rate of 5%.
- The Nigerian Youth Investment Fund (NYIF) a ringfenced funding that will strictly cater to the investment needs of persons between the ages of 18 and 35 years old.