Hello Nairalanders,

CBN is accepting applications for Loans of 5M and above for graduates for past 7 yrs who has or about to start business.
Requirements;

CAC Certificate
BVN
NIN
TIN
Certified true copies of CAC
Valid ID
Corporate account
BSC
NYSC Discharge/Exemption
Business Report

Visit https://cbnties.com.ng or cbn.gov.ng

Applicants under the Scheme shall be graduates of Nigerian polytechnics and universities with first-degree certificate (BSc/HND/ or its equivalent); National Youth Service Certificate (NYSC) discharge or exemption certificate; Certificate of Participation issued by polytechnics and universities evidencing entrepreneurship training; and Not more than 7 years post-NYSC,” the document reads.

The CBN added that the equity investment component shall be in the form of injection of fresh capital for start-ups, expansion of established businesses or reviving of ailing entrepreneurial businesses.


Another component of the intervention is the developmental component which shall be disbursed in the form of grants to Nigerian polytechnics and universities in a national biennial entrepreneurship competition.

The apex bank said it would award N500 million worth of grants to five top Nigerian polytechnics and universities with the best entrepreneurial pitches/ideas.

Only undergraduates of Nigerian polytechnics and universities are eligible to participate under the developmental component.

“Five top Nigerian polytechnics and universities with the best entrepreneurial pitches/ideas shall be awarded as follows: first place – N150m; second place – N120m; third place – N100m; fourth place – N80m; and fifth place – N50m,” the document adds.

https://www.thecable.ng/up-to-n25m-loans-for-graduate-entrepreneurs-75000-jobs-cbn-unveils-guidelines-for-ties-programme

Interested applicants must apply on the dedicated online portal and provide all the requisite documents to support the application.

Na that first place I dey eye, we never settle for less but then the 50m sef no be less make I settle for that one jeje

Okay

Nah Still Sulamalia

Hustle , Press, Blow, Legit

Nah The Way


Wooo E Go Be
Make I Try Apply Maybe Cbn go drop raba for me make I use am buy tools

only fools will apply for these kind of jobs,loan or anything from the government.

they just publicise these job opening for openness sake.

they already have their candidate. call me a cynic I don't care, opinion is cheap, drop your own.

I can't believe this until someone closed to me get this loan of 5m........ Cos Nigeria government are using us to catch cruise....

Out of those requirements the most difficult is to prove that your business idea is viable as demonstrated in clearly shown cashflows over next 3 to 5 years. This is a big hurdle given the kind of undergraduate education available in Nigeria.

Entrepreneurial studies and business idea development need to replace useless GS courses at the Nigerian universities immediately.

Ok

NIGERIA is a SCAM

Make I apply first...

D

Good move if it's not for selected individuals .

Okay

Nice.....Too bad I don't collect interest based LOANS

ok

Noted

Wow. Thanks to the government.

One thing I've learnt is that getting your business registered with CAC is very important because it acts as a yardstick to be considered for any grant or loan.

So, if you are yet to do it and you're on money then go ahead with it. It's important. And even if you don't have the time then go ahead and commission an agent to take care of it for you.



For those who are not qualified or want to make Legit money using their mobile phone - starting a legitimate online business, you can join others in this free class.

But first, check out what I learned as the easy way to financial freedom - https://www.nairaland.com/6816722/greatest-shortcut-financial-freedom-make

Lori iro

hope the environment would be made conducive for the beneficiaries

The grant should have been more accommodating than loans

Hmm

Do you need a professional business logo, flyer, brochure, book cover, wedding card, banner, poster?

At cool prices, WhatsApp me 07033122697

Thanks

If I tell you guys the about this things you shake your head in pity for the country..... Fantastic innovations but the many of the front runners are scheming amazing and unimaginable things..... a lot is shrouded in top secrecy and only if you know you know. My only worry when I wish youths should take over the affairs of the country is what many have come to learn and accept as the proper way of doing things because either they are or not benefitting from the rot, despite deceptively portraying themselves as also wanting change, may eventually lead us all back to square one

Please before anyone comes here discourage others from applying. First follow all the procedures and apply, then you'll discover this government is credible when it comes to youth empowerment. During the covid 19 pandemic grant, I missed out because I had the opinion that everything in Naija is about connection but when I saw so many people being paid I had to reapply for the pandemic loan and I got it without knowing anybody. So before you criticise please apply.

Sebastine1994:
only fools will apply for these kind of jobs, they just publicise these job opening for openness sake.

they already have their candidate. call me a cynic I don't care, opinion is cheap, drop your own.

I know they'll be people like you, with such negative opinions, but that's the beauty of life. Those that are really destined to get this would still go along and apply and those who will feel discouraged by your postulation would miss out. I repeat it's normal and that's life.

But whereunto shall I liken this generation? It is like unto children sitting in the markets, and calling unto their fellows, And saying, We have piped unto you, and ye have not danced; we have mourned unto you, and ye have not lamented. For John came neither eating nor drinking, and they say, He hath a devil. The Son of man came eating and drinking, and they say, Behold a man gluttonous, and a winebibber, a friend of publicans and sinners. But wisdom is justified of her children. - Mathew 11 v 16 - 19

Money that will be looted. I will come and share a real life experience when I wake up properly