Did you receive a message from the Nigeria Youth Investment Fund for a pre-qualification for a loan? If you received an SMS from Nirsal Micro Finance Bank (NMFB), here is how to complete your NYIF loan application process. Dear Applicant, You have been pre-qualified for the NYIF loan programme, kindly click on this link to … Read more
Application link for the Guaranteed Offtake Stimulus Scheme will be activated on February 9, 2021, for business owners in certain categories to submit their application.
The Nigeria Farmers Agro Geo-Cooperative (AGC) beneficiaries are to commence loan repayment in Nasarawa State.
Irrespective of your political affiliation, the Bank of Industry loan is opened for everyone. No discrimination. Provided you fulfilled the eligibility requirements. We’ll share with you some of the things you need to put in place before applying for BOI loan. Ownership: Bank of Industry is the oldest and largest Development Financial Institution owned by … Read more
The Federal Government’s Survival Fund is truly the first fairest funding and grants ever in the history of Nigeria. After meeting all other requirements of the survival fund payroll, employers (CEO) and employees will have to answer some questions before their accounts are credited by the Central Bank. We’ll share with you some of the … Read more
Another funding is here for farmers. If you haven’t heard about it, it’s called Smallholder Economic Interest Farmers Agricultural Cooperative or SEIFAC loan This is where it becomes very interesting… Usually, farmers prepare for raining season ahead of a plantation. Some of the activities farmers do before the raining reason include: That’s why SEIFAC launched … Read more
Do you know that there are several SMEs loans funded by the Central Bank of Nigeria (CBN) you can apply for to boost your business? We’ve got the full list here for you to pick the most suitable for your business and delve into how you can access them in our subsequent guidelines. One of … Read more
You’ve heard about CBN’s CIFI loan and wondering how to access it? We’ve compiled here the Nigerians banks where you can easily submit your application to access the loan. Purpose of the loan It is an on-lending scheme designed by Nigeria’s apex bank in collaboration with the Bankers’ Committee. It’s designed to boost job creation … Read more
Apart from the N50 million research activities, you can as well get another N500 million grant for the development and manufacturing of drugs under the Healthcare Sector Research and Development Intervention Scheme (HSRDIS). Yes, you read that right. And in this article, we’ll tell you all you need to benefit from the HSRDIS funded by the … Read more
The Federal Executive Council on July 22, 2020, approved the sum of N75, 000,000,000.00 (N75Billion) for the establishment of the Nigeria Youth Investment Fund. NYIF Loan Interest Rate: 5% The NYIF is for the period of 2020 – 2023 dedicated to investing in the innovative ideas, skills and talents of Nigerian Youth. It is also aimed … Read more
For small scale entrepreneur to access any of the loans supported by the Central Bank (CBN), he must have undergone specific training at Entrepreneurship Development Centres or EDC which are certified by the apex bank. Also known as Entrepreneurship Development Institute (EDI), the centres are saddled with the mandate of developing entrepreneurship spirit among Nigerians. … Read more
Do you know that there are loans that are specifically designed for women in Nigeria 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 … Read more
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. MSMEs is Nigeria’s Micro, Small and Medium Enterprises one the economic recovery plans after the COVID-19 pandemic. What Payroll Support Scheme Is About The Payroll … Read more
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: Secured loan Unsecured … Read more
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 … Read more