Union Bank Begins BVN Verification for YEIDEP ₦50,000–₦500,000 Empowerment Grant Disbursement
GoldenNewsNg reports that the Youth Economic Intervention and De-Radicalization Empowerment Programme (YEIDEP) has moved into a new stage, with Union Bank taking the lead among participating banks. According to recent updates, Union Bank is the first to complete the collation of account details for its registered applicants and has now started the BVN (Bank Verification Number) verification process.
Union Bank YEIDEP Applicants
For those who chose Union Bank during their YEIDEP registration, this update means the grant process is now closer to completion. The BVN verification step is being used to confirm that each beneficiary’s information matches what was previously submitted. This helps prevent mistakes, double entries, or payments to the wrong individuals.
It also suggests that applicants under Union Bank may be among the first to receive payment once the verification is completed.
What Applicants Should Do Now
If you are among those who registered with Union Bank, here’s what you need to check:
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Your BVN details must match your submitted name, phone number, and account information.
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Any error or mismatch can lead to delays or possible removal from the list.
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Watch for official updates from YEIDEP or Union Bank through SMS or email.
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Do not submit multiple entries or change your information unnecessarily.
About the YEIDEP Empowerment Grant
YEIDEP is a federal youth empowerment program designed to support young Nigerians with financial grants ranging from ₦50,000 to ₦500,000. It targets unemployed youth and small-scale business owners as part of ongoing efforts to create economic opportunities across the country.
Thousands of applicants have been shortlisted nationwide, and Union Bank’s current progress puts its own group of beneficiaries closer to receiving the grant funds.
What About Other Banks?
Applicants who submitted their information through other banks like Access Bank, Zenith Bank, First Bank, and UBA are still in the document verification phase. Their BVN verification is expected to begin in the coming weeks.
If you fall under this category, make sure your information is correct and wait for further communication from the appropriate channels.
What’s Next?
With BVN verification ongoing, Union Bank is expected to complete the process soon. Once this step is done, disbursement of the YEIDEP grant will begin for verified applicants.
To stay eligible:
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Make sure your BVN details are accurate.
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Avoid editing your data unless absolutely necessary.
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Follow official YEIDEP and bank instructions only.
We will continue to share updates about payment dates, bank-specific progress, and next steps as more banks begin the BVN verification stage
