NYIF Started Sending messages For Those Who were Approved See How To Check Yours


NYIF 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%.

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 businesses and NMFB evaluation.

Today I just received message from NYIF and I will also like to share with you how to check if your message is ready.

*Goto google gmail account in your PC/android

log in with the gmail that you used in NYIF portal.

*after setting up your gmail click on written below promotion and check for a message named EDC

*just click on t on the EDC and you will see the message from NYIF ,

Published by Ernest I.

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