NYIF Disbursement Begins: How to Check Nigerian Youth Investment Fund Loan Status
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 https://nyif.nmfb.com.ng/login and check their credit status at the beginning of the approval on their dashboard. Recommended.
Applicants can access their NYIF Dashboard and update their bank account information.
However, the program is a government-approved program developed by the federal government in collaboration with the NIRSAL Microfinance Bank (NMFB) and the Central Bank of Nigeria to provide opportunities for young Nigerian entrepreneurs in the country. The program, launched earlier this year, has benefited thousands of applicants.
All candidates are advised to log in to the above portal and use email/BVN/phone number and then password to confirm that their loan application status is approved or pending.
Below are the steps to log into the portal and visit NYIF Dashboard:
Visit the NYIF Login Official Portal https://nyif.nmfb.com.ng/ApplicantDashboard/Business/Login from your phone or desktop computer.
- Enter your login details (email address and password).
- Click on “Dashboard” and select the Loan Status tab.
- Then click “Next” where your account information is required.
- Then, after you have specified the required requirements in number ‘4’, click on “Summit”.
Congratulations to the successful applicants.
If you are unable to access the portal or have problems with the National Youth Investment Fund (NYIF), feel free to leave a comment to help you.
NYIF Loan Update: NYIF New Loan Approval Commences
Before you click on the acceptance letter mail, make sure that you visit the nearest Police Microfinance Bank to verify whether the mail is from them.
I have received the mail but I have been warned not to open the mail because Gmail can’t verify if it was from Police MFB.
If you haven’t received an email to this effect, kindly check you SPAM/Junk folder and endeavour to complete the form at the link provided in the mail.
If you are having trouble clicking the link in the mail, kindly copy the link to your browser and paste it there to access the form.
NYIF approves loans to applicants
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Applicants who have been shortlisted for the program should then visit NYIF’s official portal https://nyif.nmfb.com.ng/login and check their credit status at the start of approval on their dashboard. Advised.
The Nigerian Youth Investment Fund (NYIF) was established at the initiative of the Federal Ministry of Youth and Sports Development (FMYSD) and funded by the Central Bank of Nigeria (CBN) to invest in youth ideas to build sustainable businesses capable of activating businesses and increase job opportunities in Nigeria.
All applicants are advised to log into the above portal and use their email / BVN / phone number and then their password to confirm that their loan application status is approved or pending.
How to Check NYIF Loan List of Shortlisted Candidates
- First visit to the official login page: https://nyif.nmfb.com.ng/app
- Input your Bank Verification Number ( BVN).
- Click on ‘Validate BVN’.
- A page will pop up, for you to enter a Password (ensure you enter the correct password).
- A confirmation link will be sent to your email address to activate your account.
- After you have successfully followed the steps above, log in to complete your application.
How To Check NYIF loan Status
To check your Nigerian Youth Investment Fund (NYIF) loan status, follow the steps below;
Login to your NYIF dashboard.
Enter your Usernames and Password.
Scroll down, and click on 2021 NYIF Beneficiaries.
Download the NYIF pdf file.
Search for your names.
Register for NYIF 2022 Updates
To know immediately about the Nigerian Youth Investment Fund (NYIF) latest news on payment, NYIF news update, list of shortlisted candidates, names of selected candidates and upcoming NYIF 2022 News in the near future, you can subscribe to our VoiceofNigeria Free Email Alert Service. Surely you can get an instant email of the latest alerts.
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