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Home Scholarship/ Opportunities

NYIF Loan Update: New Guidelines By NPF Microfinance Bank

Enudi Golden by Enudi Golden
April 14, 2022
in Scholarship/ Opportunities, Featured, Headline
Reading Time: 2 mins read
Federal Government IYALOJA/GEEP Loan Scheme| All You Need to Know 
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NYIF Loan Update: New Guidelines By NPF Microfinance Bank

GoldenNewsNg gathered that the Microfinance bank has released a new guideline to beneficiaries in relation to the disbursement of the Nigeria Youth Investment Fund (NYIF Loan) to the newly approved beneficiaries.

Following the NYIF Loan Update , The NPF Microfinance Bank has instructed that the beneficiaries should ensure to follow the instructions contained in the new e-mail issued to the beneficiaries to complete the online form, download, and sign the Offer Letter, which will be followed by the payout of the NYIF Loan after the process is fully completed.

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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.

Meanwhile, 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 LOGIN DASHBOARD

 

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