Unbelievably, you need just N10,000 to become a SANEF agent provided you meet other eligibility requirements.
For exited N-Power beneficiaries, the Central Bank of Nigeria WILL provide the takeoff capital for you. Gbam!…You become CBN-Certified Mobile Money Agent in your community.
To enjoy government loans and funding in a bigger way, you need to show evidence of tax payment. It’s a WIN-WIN!
To make this possible you must apply for Tax Identification Number. At some point when filling a loan form, you’re requested to fill in your TIN.
A lot of small business owners get confused when the Central Bank of Nigeria says it is supporting businesses with a loan.
Some of them are quick to ask: How can I access CBN loan? Will I have to visit CBN branch to submit a loan application?
Do you know that there are loans that are specifically designed for women in Nigeria for them to build, expand, and grow their businesses?
In this post, we’ll share with you funding opportunities for female business owners in Nigeria. If you want to stabilise the home, empower a woman, boost her business, support her financially in her entrepreneurial skills or business.
If you have access to your community and farmers in your locality, here is an untapped income-generating opportunity through the NIRSAL Agro Geo- Cooperatives Formation.
And for the farmers, it’s an opportunity to get access to the Anchor Borrowers Programme or ABP loan.
The Federal government has reopened the application portal for the survival fund to take fresh applications from those who want to benefit from the Payroll Support Scheme.
The survival fund is one of the post-COVID-19 programmes to mitigate the effect of the pandemic on businesses and their owners.
1) At least 200,000 former N-Power beneficiaries will be signed up as CBN-certified SANEF mobile money transfer agents across Nigeria.
2) Some Exited NPower volunteers who already have their business ranging from buying and selling, service providers, poultry farming and other small business owners among them will have access to GEEP micro-enterprise loans backed by the CBN
In this video, some of the beneficiaries of the MSME Survival Fund share their testimonies on how the fund has helped them to cope with the effect of coronavirus pandemic.
https://youtu.be/Tha9pLM2b4Q
“I was browsing Facebook & saw an ad on the MSME Survival Fund. I clicked & filled it, because I needed money. I thank Nigeria government,” of the beneficiaries in Abia State said.
Thousands of Nigerians have benefited from the Payroll Support Scheme, one of the funding programmes under the MSME Survival Fund
On January 6, 2021, the Federal Government revealed 283,023 Nigerians had benefited from the programme.
If you are expecting N5,000,000 loan or more, you may have to upgrade your account to corporate (current or business account) or even start the application afresh.
It is advised you take action before the disbursement of the AGSMEIS loan you applied for begins.
The Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development has uncovered another fake portal using the name and logo of the ministry with the aim of defrauding job-seeking youths.
Most times business owners approach financial institutions and other money lending firms to borrow to implement business ideas or for personal use.
You could take a loan to buy cars, sponsor your kids’ education, buy houses, and expand business
Under the NESP, many relief funds are being disbursed by the government in partnership with the Central Bank of Nigeria (CBN).
One of these funds is the payment of N30, 000 one-time grant to 333,000 artisans spread across the country.
You’ve heard about the soft and collateral-free loan, SME, housing, car, and all kinds of funding for personal and corporate use?
Usually, all kinds of funding fall into two major types of loans. Whether the funding is from the government, non-governmental organisation, or from a financial institution, they could be categorised as:
There are several loans you can access in Nigeria. But lenders or banks would make sure that you have verifiable data.
This isn’t peculiar to only Nigeria, but it’s a normal standard in every part of the World. Apart from verifying you also known as knowing Your Customer (KYC) in the business world, banks want to ensure that the loan is used or the purpose it is meant.
The information we received from the Federal Ministry of Youth Development and Sports is that 239 applicants of the Nigeria Youth investment Fund (NYIF) have received a loan of N165,700,000
If you applied for the NYIF, but yet to get feedback on your loan application? Don’t worry you can make the list of the second batch as we’ll be telling you what you need to do right.
Hajia Sadiya Umar Farouq has said that the NEXIT-CBN loan disbursement would begin very soon.
Recall that the Humanitarian Affairs, Disaster Management And Social Development, launched NEXIT portal last year as a way to bridge the gap created by the disengagement of batch A and B.
Do you know that there are fake survival fund portals in circulation? If you submitted your details on such dubious sites, you’re most likely to lose thousands or millions of Naira.
As we write, 419ners are targeting prospective applicants of the MSME Survival Fund.
If you don’t belong to a functional farmers’ cooperative, you are definitely missing out on a lot of funding opportunities. One of such is the Anchor Borrowers Programme Loan or ABP.
The fact that the last update most of you heard about the agricultural loan was sometimes in July 2020, yet there are some modalities going behind the doors and how you can proactively tap into the ABP loans in boosting your agric produce.
A message is circulating on messaging apps and several groups on Facebook that the Federal Government is to grant a loan of N800K or N5M to former N-Power volunteers tagged “NEXIT CBN Loan”
The message which is circulating on WhatsApp and Telegram read, “Nexit CBN Loan: Volunteers to Get 650k/800k to N5M without Collateral”
