The federal government began authorizing NYIF loans to applicants once they were partially completed, in collaboration with the Central Bank of Nigeria (CBN) and the Nirsal microfinance bank.
The Nigerian Youth Investment Fund (NYIF) was founded by the federal government last year to assist young Nigerian entrepreneurs who want to start their own enterprises. Its mission is to authorize loans for successful candidates.
Applicants who have successfully completed online entrepreneurship training should take the following steps to check their loan status:
- Applicants are to Visit the NYIF
Provide your login details in the NYIF dashboard(Username and Password).
- Then Click on Check Loan Status.
- A diaglog box will appear showing your loan status if approved or still pending.