After months of waiting, many Nigerians who applied for the Nigeria Youth Investment Fund (NYIF) loan seem to have lost hopes with regard to the COVID-19 relief loan powered by NIRSAL and the Central Bank of Nigeria (CBN),

NIRSAL/CBN failed to approve many applicants’ loans due to some undeclared reasons.

Bizwatch Nigeria gathered that some applicants who applied for the loan and followed due process of registration have recieved their loans.

Recall that the loan is one of the many federal government initiatives deployed to help small scale business owners, youth below 35 years old, during the COVID-19 pandemic.

See reasons here: https://bizwatchnigeria.ng/see-6-reasons-nyif-loan-were-declined/