Home JOBS Nigeria Young Investment Fund (NYIF) NMFB Application Form 2022/2023

Nigeria Young Investment Fund (NYIF) NMFB Application Form 2022/2023


Nigeria Young Investment Fund, NYIF NMFB Application Form 2022/2023 | https://nyif.nmfb.com.ng.

nyif.nmfb.com.ng NYIF Application Form: Application is invited to the Nigeria Young Investment Fund, NYIF NMFB Application Form for 2022/2023 exercise.


nyif.nmfb.com.ng NYIF Application Form

The Nigerian Youth Investment Fund (NYIF) was set up as an initiative of the Federal Ministry of Youth and Sports Development (FMYSD) and funded by the federal government of Nigeria.

President Buhari and the Federal Executive Council approved the fund to help the realization of the business ideas of Nigeria’s teeming youthful population.
The application portal for the N75 Billion Nigeria Youth Investment Fund, NYIF is now officially open.

How to Apply for nyif.nmfb.com.ng Nigeria Youth Investment Fund (NYIF)

The application is now open for the Nigerian Youth Investment Fund (NYIF). The application which started today been the 13th of October 2020 is opened to Nigerian Youths from the age of 18- 35 years. Nigerian youths wanting to apply for the program need not have a registered business or existing business.


  • Must be a Nigerian youth within the age bracket of 18 to 35yrs
  • Have an operational business /enterprise domiciled In Nigeria (Those with unregistered business can also apply) 
  • Has not been convicted of any financial clime in the last 10 years
  • Valid Bank Verification Number (BVN)
  • Evidence of Local Government Indigene Certificate


  • Beneficiaries of NMFB loans (such as Targeted Credit Facility TCF) and Agribusiness/Small and Medium Enterprises Investment Scheme (AGSMEIS) that remain unpaid are not eligible to apply.
  • Beneficiaries of other Government loan schemes that remain unpaid are not eligible to apply.


  • Training Certificate from approved FMYSD EDIs
  • Evidence of registration with Corporate Affairs Commission (Certificate of Incorporation and Form CAC 2A
  • Valid Bank Verification Number (BVN) for Individuals and Directors
  • Evidence of Local Government Indigene certificate
  • Duly completed Application form
  • A copy of Birth Certificate
  • Valid Tax Identification Number (TIN)
  • A Summary Business plan / Questionnaire
  • Valid means of Identification (Voter’s Card. Drivers License. National ID/NIN Slip 3. International passport)
  • Automated two years bank statement analysis.

The fund aims to reach 500,000 youth annually between 2020 – 2023. Each fund approval will range from N250, 000 to N50, 000,000, with a spread across group applications, individual applications, working capital loans set at 1 year and term loans set at 3 years with single digit interest rate of 5%.

  • GLOBAL LIMIT : N12.5 billion
    FACILITY TYPE : Term Loan
    SINGLE OBLIGOR LIMIT: Individual / Non registered Business: Up to #250.000.00 | Registered Businesses( Business Name, Limited liability/ Corporative Societies / Commodities Associations): Up to N3,000.000.00.
  • LOAN TENOR : Maximum of 5 years
  • MORATORIUM : Maximum of 12 months
  • Repayment Structure : Repayment will be on installment basis inline with businesses and NMFB evaluation.

Nigerian youth investment fund (NYIF) Registration Portal: https://nyif.nmfb.com.ng/Applicants/New.

If you have any questions concerning nyif.nmfb.com.ng NYIF Application Form, 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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  1. I want this medium to thank the organiser of this platform,if truthly actualize ,it will go a long way and it bring to an end the suffering of our youth , by this scheme, it will empower youth and assist them to excell and fulfil their dreams.

  2. Halo I have No See Any Names That Have Been Shortlested Is Only Names Of The State That is on The List Why??
    Where Are The Names???

  3. Please let the link to each information be true, i clicked on my state but it didn’t direct me to the shortlisted candidates, or are you shortlisting only state?


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