Categories: Business & Brands

Nigeria Youth Investment Fund Loan (NYIF Loan) Update April 2022

Nigeria Youth Investment Fund Loan (NYIF Loan) Update April 2022 can be accessed below.

 

Glamtush gathered that the disbursement and approval of the N75 billion Nigeria Youth Investment Fund (NYIF Loan) to the trained beneficiaries of the Programme have been maintained by the Federal Ministry of Youth and Sports Development (FMYSD).

Meanwhile, The 10,000 candidates who were recently trained, made it known that they received a text message and email confirming their Loan Approval and instructions on how to get the funds into their bank accounts.

The Message reads, “You have been selected as a beneficiary of the National Youth Investment Fund. Check your e-mail for details, dial *5757#, download NPF Microfinance Bank App or Visit our Branch,” reads a text message provided by an accredited partner in the NYIF Loan d istribution (NPF MFB PLC) to the successful recipients, which was misinterpreted for a scam text. For further in formation, check your e-mail, dial *5757#, download the NPF Microfinance Bank App, or come to our branch.”

One of the e-mails states, “Dear NYIF Beneficiary, the Federal Ministry of Youths and Sports is partnering with NPF MFB Plc as one of the Disbursing parties for the National Youth Investment Fund (NYIF) nationwide.

“Your name/SME has been forwarded to us as one of the successful.”
  1. Visit our website www.npfmicrofinancebank.com to open an account.
  2. Through our USSD *5757#
  3. Download the mobile App through Play Store or Apple Store
  4. ViSit any of our branches nearest to your location as listed below”

How to Check Nigerian Youth Investment Fund Loan Status

NYIF Disbursement Begins: In cooperation with the Central Bank of Nigeria (CBN) and the Nirsal microfinance bank, the federal government began approving NYIF loans to applicants once they were partially completed.

The Nigerian Youth Investment Fund (NYIF), set up last year by the federal government to support young Nigerian entrepreneurs looking to start their own businesses, was set up to approve loans for successful candidates.

Applicants who have successfully completed online entrepreneurship training should take the following steps to check the status of their loan:

  1. Applicants are to Visit the NYIF portal nyif.nmfb.com.ng.
  2. Provide your login details in the NYIF dashboard(Username and Password).
  3. Then Click on Check Loan Status.

A diaglog box will appear showing your loan status if approved or still pending.

GLAMTUSH

Recent Posts

Ekiti Governor Honours Primate Ayodele’s Late Father, Names Street After Him

The governor of Ekiti state, Biodun Oyebanji has honoured Primate Elijah Ayodele’s late father by…

7 hours ago

Star Life: Saras & Kumud Teasers November 2024

Star Life's new series, Saras & Kumud teasers November 2024, can be accessed below.  …

17 hours ago

Polaris Bank Clinches “Best Mobile App” Award At Digital Jurist Awards 2024

Polaris Bank clinched the "Best Mobile App" award at the Digital Jurist Awards 2024.  …

17 hours ago

Access Holdings’ Total Assets Grows to ₦41.1 Trillion in Q3

Access Holdings’ total assets grew to ₦41.1 trillion in Q3.   Glamtush reports that Access…

18 hours ago

Nigeria Ranks Fifth Globally In Daily Social Media Usage (FULL LIST)

Nigeria has been ranked fifth globally in daily social media usage.   Glamtush reports that…

18 hours ago

Saras & Kumud Premieres On Star Life (Synopsis, Full Story, Casts)

Saraswatichandra, retitled Saras & Kumud, is Star Life’s upcoming series, which is a shift from…

19 hours ago