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nyif.nmfb.com.ng NYIF Application Form Portal – How To Register

How To Register on nyif.nmfb.com.ng Application Portal.

nyif application portal now live and receiving applications. According to President Muhammadu Buhari, via his twitter handle @MBuhari, Over a million applications have already been received since the 75 billion naira Nigeria youth investment fund NYIF portal went live on October 12, 2020. The president made this known as part of his #NationalYouthDay message on 1st November 2020.

Nigerian Youth Investment Fund (NYIF) was set up as an 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 that can activate enterprise and increase job opportunities in Nigeria.

The plan targets young people between the ages of 18-35 years and details the needed actions required to support business establishment, expansion and consequent employment creation for youth in critical economic and social sectors.

The nyif portal www nyif nmfb com ng is now live for application. Interested youth applicants can now register for the CBN nyif loan. Scroll down below for the registration guide.

Nigeria Youth Investment Fund Website

Who Is Eligible To Apply?

Individuals / Non-registered Businesses – Up to N250,000.

  • Individual within the age bracket of 18 to 35 years
  • Has a valid BVN and means of ID
  • Provision of Business plan Summary or Completed Questionnaire
  • Entrepreneurship Training Certification from FMYSD Entrepreneurship Development Institutes (EDIs)

Registered Businesses – Up to N3 Million.

  • Formal business enterprises (Youth owned enterprises), duly registered with the Corporate Affairs Commission (CAC)
  • Valid Bank Verification Number (BVNs) of Directors
  • Provision of Tax Identification Number (TIN)
  • Entrepreneurship Training Certification from FMYSD EDIs

How To Apply.

Follow the step by step guide below to apply for the nyif nmfb loan.

  • Visit the nyif application form portal website https://nyif.nmfb.com.ng
  •  Click on the Apply Now button or visit the application form link directly via the following link https://nyif.nmfb.com.ng/Applicants/New
  • Complete the application form accordingly.

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