lakesidepapa:
HOUSE PLEASE WHAT MEANING OF "TENOR IN MONTHS" AND "MOTORIDUN(not sure of the spelling) IN MONTHS".

In the tenor in months, I selected 24 and the motoridun in months, I selected 12. I hope I am on point?

BTW,I applied household loan and It was successful, are they confirming it to us via email? Cos I haven't receive any message..


@eassy007 manlawal truvine peeps4u kingbee90 et.al

God bless you All...!

emmaak2:
just applied for 2 persons
using a PC is easy

essay007:

1. Register an account on CAC website.
2. Make a name reservation N500 and some service charge of about 116
3. Once name is reserved you'll log in and copy ur name reservation code. Use that code to commence the business registration process.
Payment for Business reg thru remita is 10k, plus some service charge
4. Fill the form and upload the required documents (passpt, means of ID, Signature and payment receipts)
5. Wait for it to be approved if all goes well.

Mine was a hassle. I was queried several times so here are some tips for u to avoid the pitfalls.
* Sign your signature on a white sheet of paper and upload.
* When uploading documents, the one marked others (last one) is where u upload receipt (I didn't upload initially and I was queried.)
*Keep ur business description brief. About 100 characters per nature of business.
*they only accept pdf or JPEG so used a PDF merger to merge ur ID card back and front before uploading.
*use PC for ur registration to make ur life easy
*If u need more assistance just ask.

Cheers and Good luck mate!

kingbee90:


TIN for a Business name is not gotten from FIRS. It is gotten from a state's board of internal revenue.
I stand to be corrected on this.

gudluckgreat:


How are you guys flowing through easily, I get to the 4th step, immediately I tap next, it will display the 5th step and in a second everything will go blank without displaying anything. I have tried changing browsers: edge, firefox and chrome, yet the outcome is the same.

I still use my reference number and get to that stage, yet I experience the same thing. Biko help.

kingbee90:


TIN for a Business name is not gotten from FIRS. It is gotten from a state's board of internal revenue.
I stand to be corrected on this.

wazklin:
Anybody applied for this one??
Seems it's different from the one here

truvine:

Except its a spcialized service business like pharmaceutical stores and all, no document needed. How soon depends on all the steps listed and if you don't encounter query.
Ever since they started doing everything online , I want to believe it will be "swifter" than ever.
BUT if you're doing it because of COVID loan, I am not certain your TIN from FIRS will come out as fast as needed

essay007:

select ur title first and enter ur bvn. While the cursor is still there, hit next on ur keyboard....
That was how I resolved mine

rioundre:

Tin is gotten from FIRS & JTB (non individuals)
08061217205 you can call me for more details
I work with IRS

chuksneco:


Nope. Though I tried but couldn't get past 2nd step due to error message with age tied to BVN.
I want to consider the SME hence my request for clues and hints. Thanks.

meetgaya:

business name got their TIN from state board of internal revenue because they their tax to the state while limited liability company pays to FIRS and so got their TIN from FIRS. once you got your TIN from either FIRS or state revenue JTB will automatically generate another TIN for you. you don't need to go JTB. my company have two TIN, one with FIRS and one from JTB

essay007:

How are u able to long into the NYIF portal. Till now they haven't sent me email verification link

essay007:

So what happens when you relocate yourself and your business to another state?
Note: a sole proprietor needs just one TIN

essay007:

Tenor is the repayment period u want. The 24 u chose is 2yrs.
Moratorium is Grace period (pun intended)... how long before you start the payment. 12 is 1yr

sheddyboy01:
What is the current interest rate for the household covid19 loan..

asaleh96:
5%

masarauta11:
This is what I got from NYIF, instead of verification email.

lakesidepapa:


When did u register? some of us that registered haven't receive any email..what could be the problem? eassay007 rioundre manlawal et.al

wazklin:
Anybody applied for this one??
Seems it's different from the one here

manlawal:

https://www.nairaland.com/6407018/nyif-loan-discussion-thread

Krak:


I am having this same problem on my laptop.

lakesidepapa:


When did u register? some of us that registered haven't receive any email..what could be the problem? eassay007 rioundre manlawal et.al

gudluckgreat:


Are you from the south east?

gudluckgreat:


Are you from the south east?

manlawal:
there is different from nyif loan and covid 19 , nyif is for youth empowerment initiative of ministry of youth in partnership with nirsal . is nyif that he is talking about not covid 19 releif from nirsal