NYIF Loan Disbursement Portal Validation / How to Receive Funds

The Nigerian Youth Investment Fund has started sending out loans to all interested and qualified applicants who applied on the NMFB Portal.

If you applied for the Nigerian Youth Investment Fund (NYIF) Loan and you have not supplied or submitted your bank details where the funds will be sent to and also the loan amount, then kindly be informed that the portal is now open for the application for disbursement of loan.

Official message on this development reads;

See Also: Federal Government MSME Grant / How to Apply

"Dear Prospective NYIF Applicants,

Kindly validate your BVN on the NYIF portal by following the procedures below and enter your bank verification number and create your password, then submit. You are to wait for the NYIF portal to process your request which a mail with link will be sent to your email address you registered on the NYIF portal. It takes few minutes or days to receive confirmation mail, this is because the system is responding to millions of application."

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See Also: $5,000 Project Grow 100 Grant for Nigerian Youths / Apply now

You can login to the portal and submit your bank account details and the amount you wish to apply for following the steps below:

  1. Visit the Nirsal Micro-finance Bank (NMFB) and NYIF Portal via https://nyif.nmfb.com.ng
  2. Click on the Loan Application
  3. Enter your 11 digits Bank Verification Number (BVN)
  4. Finally, click on Validate BVN to start your Loan application

See Also: Federal Government Youth Empowerment Programs 2021

If you have not registered, you can register following this steps below:

  1. Visit this link >> NYIF (nmfb.com.ng)
  2. Enter your names and BVN
  3. Click on Next button, You will get a message that registration successful
  4. Finally, check your submitted email inbox/spam box for a confirmation email and complete your registration.

See Also: Federal Government Guaranteed Offtake Scheme / How to Apply

After a successful registration, you will then have the opportunity to update your account details, loan amount and other records that needs to be updated.

29 Comments

  1. My registration was successful and link was sent to my email but I can’t access my email. I entered forgot password on the email but was given one number that ends with 80 which is not my phone . What do I do please?

    1. You’ll need to access the mail. Try recover password via your Google account.

    1. As stated, the mail can take up to days to be delivered due to the number of applications. Kindly refresh your email every now and then. Don’t forget to check the spam folder too.

      1. How can one validate his Bvn as u said, coz mine tells me “sorry u have not been trained”

        1. About this message, I don’t know what the problem may be. However, I suggest you wait for their email.

  2. You yau Ibrahim you said that you forgot your password and how so sure you are that the link was sent to you, how do you know what?

  3. The registration was successful, but I can’t see any link in my email

    1. As stated, the mail can take up to days to be delivered due to the number of applications. Kindly refresh your email every now and then. Don’t forget to check the spam folder too.

  4. Have registered successfully but no mail yet and it’s saying have not been trained

    1. As stated, the mail can take up to days to be delivered due to the number of applications. Kindly refresh your email every now and then. Don’t forget to check the spam folder too.

      1. The mail can take up to days to be delivered due to the number of applications. Kindly refresh your email every now and then. Don’t forget to check the spam folder too.

    1. As stated, the mail can take up to days to be delivered due to the number of applications. Kindly refresh your email every now and then. Don’t forget to check the spam folder too.

  5. about a week i validate my bvn after that message but yet no email confirmation was sent

  6. Please i did this with my cellphone… The registration and the bvn… Now waiting for the confirmation mail. I hope using my phone Still counts.

  7. I have not seen the link yet, but can I open the one given to others to validate my BVN?

  8. I just did my own now and what am seen is Loan status: (In proces),pproved
    loan amount: (0.00),
    Loan tenor. (0),
    And Loan moratorium: (0)

    Why review letter saying not yet approval

    1. Go to the part where you have start loan application, and start your application process.

      1. Hope this is not a scam cos the country is dangerous where scammers is everywhere

  9. Hope this is not a scam cos nigeria is dangerous where scammers is everywhere

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