Nigeria Youth Investment Fund (NYIF) Loan Second Batch Disbursement Begins in April 2022.
NYIF Loan Disbursement Date: The federal government, through the Central Bank of Nigeria (CBN) and Nirsal Microfinance Bank are to commence the second round of Nigeria Youth Investment Fund (NYIF) loan disbursement from April 2022.

NYIF Loan Disbursement Date
NYIF Loan Disbursement Date: The Nirsal Microfinance Bank (NMFB) that is in charge of the NYIF loan disbursement had earlier informed applicants of NYIF loan to verify their BVN by sending text message to shortlisted candidates. As part of the disbursement processes, two weeks ago, pre-qualification messages were sent to most of the applicants.
The Federal Government (FG), on Tuesday, said another batch of 10,000 youth beneficiaries have been shortlisted for the Nigeria Youth Investment Fund(NYIF).
It said this is in addition to the initial pilot phase where 5,285 beneficiaries were shortlisted.
This was contained in a statement issued by Kola Daniel, media aide to the Minister of Youths and Sports Development, Mr Sunday Dare.
It stated that the beneficiaries would be trained after which they will be approved for funds disbursement under the NYIF scheme.
The statement quoted the minister as saying that the beneficiaries emerged out of the ongoing screening of over three million applicants for the loan.
“With the successful completion of this pilot phase, NIRSAL has cleared names of another ten thousand (10,000) for training and subsequent loan approval and disbursement. Loans are in the range of two hundred and fifty thousand (N250,000) to three million naira(N3,000,000) for now.
“These names are available on the FMYSD website and NOYA website. Checks done include Age, BVN whether or not the individual has an existing government loan or has received covid 19 business payments.
“All approved applicants will undergo training to ensure efficient use of the loan, therefore, increasing the yield and growth the loan can deliver to the intended business owner,” it stated.
Latest Information:
This is to inform applicants that there is no need for panic if your loan status shows processing. It is because you have not been invited for training, your loan can only be approved after your zoom training, it’s an online training that lasts from few minutes to an hour.
Also note that Mindthe_gap training is different from NYIF training, Mindthe_gap training is held on YouTube, the training for NYIF applicants is held on zoom, you are to patiently wait until you are invited via your email for training
Recommended:
- NYIF Shortlisted Candidates
- N-Power Salary Structure
- Npower Successful Shortlisted Candidates
- NEXIT Portal Login | Npower CBN Empowerment Portal for Batch A.
It’s possible not be trained and still be given the loan. It all depends on the kind of activities that have been going on around your Bank Verification Number (BVN).
You applied through your BVN, and your BVN has been verified, therefore, the information the management of this NYIF extract from your BVN that will determine what happens to your application and the loan.
NYIF Disbursement Date Process
NYIF Disbursement Begins: In cooperation with the Central Bank of Nigeria (CBN) and the Nirsal microfinance bank, the federal government began approving NYIF loans to applicants once they were partially completed.
The Nigerian Youth Investment Fund (NYIF), set up last year by the federal government to support young Nigerian entrepreneurs looking to start their own businesses, was set up to approve loans for successful candidates.
Applicants who have successfully completed online entrepreneurship training should take the following steps to check the status of their loan:
https://nyif.nmfb.com.ng/ApplicantDashboard/Business/Login
- Applicants are to Visit the NYIF portal CLICK HERE
- 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.
See Also: Federal Government Recruitment Application Form Portal
NYIF Loan Second Batch Disbursement
There are those who were selected and trained in the first Batch of NYIF loan disbursement, which took place last year (2021), but they are yet to get the loan. Reason is because investigation has not been concluded about their BVN.
It is important to note that some account number can not take more than N100,000 per credit. So, kindly confirm with your bank the volume of credit your account can accept for a single transaction.
If you got a verification mail, but you are having issues with verifying the email, be calm, it is never going to be too late. The system has already captured you and you are qualify for the loan provided you got the pre-qualify SMS.
If you have any questions concerning NYIF Loan Disbursement Date, please feel free to use the comment box below and ask us your question. We will be very pleased to answer you.
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Help me pls I m business man
Help me long pls
What should I my loans tatus is showing in process since April what should I do
I never attended the training and never received message what should I do
What should I do to attend the training
When will the training starts please help me
I registered for second batch. My loan status has being showing in process for over a month now and recently the login portal is taking too long to open, what might have been the reason. Please help!
Please help us to grow our farming becouse we nigerian our farming our pride
How to upload the business plan
Please I’ve been able to login and get my verification email… But lately when I try to login it shows invalid token. Why?
When are we starting the training
When is the disbursement starting
My loan application is pending for approval and now I can’t see anything in the site I can only see invalid token. What is really happening.
always when i check thwy tell said your loan hasnot been approve please check back letter since
Comment:i uploaded my certificate of origine.what next
Comment:Minister of youths and sports:disbursment is in october and we are nown in november pls whats happening?
Please I attended the training last Monday and yet my status is still showing in process pls what should I do.
Have done the training today how many days will it take before the payment
I have done the training last three weeks ago, and app to now no anything
Reply
I have not gotten any information since registered nyif even my email is not more showing what will l do am farmer
The portal is down please what are we going to do about this
Very good Sir,
Please help me to I want boost My business this is my phone number 08086963740
Nice sir
My name is among the 10,000 shortlisted candidates but i didn’t receive any messages from NYIF… I’ve check my email nothing I’ve seen and I’ve send messages but non of the staff reply me . I’ve done training on 17 November 2021.
Please is there another batch or these is the last Batch..
Thank you sir
Sign
ABDULHAFIS ABDULHAFIS HASSAN.
Please have received a text in my mail and sms that the loan of 250000 was approved to me and have accepted the offer by register the account with NPF microfinance bank and the account number has been submitted to the link sent to me, then I later received another link from NYIF regarding the offer letter, have printed the letters and filled and sent to the provided emial address, but up till now no respond and loan disbursement yet. Please what is the issue and next line of action