This post is all about the 2022 Federal Government of Nigeria Support Fund Loan Application Form for Covid19 affected Businesses across the Federation. We are here to update you on how to apply for the available Loans by Federal Government of Nigeria for affected Business during the Covid-19 Pandemic.
Do you know you can still apply for Federal Government of Nigeria Support Loan Application Form? There are still existing Federal Government Loan in Nigeria that can help you in your business. This article will list and assist you further, I will provide link for a successful application online.
Available Federal Government of Nigeria Support Fund Loan
- 1 Available Federal Government of Nigeria Support Fund Loan
- 2 NMFB Non-interest Loan (Covid19 Loan and Agric Loan)
- 3 National Youth Investment Fund (NYIF) Loan Application
- 4 Bank of Industry (BOI) Business Loans
- 5 CBN AGSMEIS Loan For SME’s & Agricultural Businesses
Tertiary Institutions Entrepreneurship Scheme (TIES) Support Fund Loan
This particular Loan by CBN is loan for Nigerian graduates and undergraduates as an effort to curb the high rate of the unemployment situation in Nigeria. Application Form is strictly Online for interested and qualified Nigerian graduates and undergraduates in Nigeria.
NMFB Non-interest Loan (Covid19 Loan and Agric Loan)
This Loan Application is strictly for Nigerians who their business were affected Covid19 Pandemic, The credit facilities under the Non-interest Banking Window of the Targeted Credit Facility (TCF) are to support businesses that have been affected by the COVID-19 pandemic with business equipment instead of cash.
National Youth Investment Fund (NYIF) Loan Application
Yes, Federal Government of Nigeria recently reopened the portal for 2022/2023 National Youth Investment Fund (NYIF) Loan Application. NYIF Loan was set up as an initiative of the Federal Ministry of Youth and Sports Development (FMYSD) and funded by the Central Bank of Nigeria (CBN) to invest in youth ideas to build sustainable businesses that can activate enterprise and increase job opportunities in Nigeria.
Bank of Industry (BOI) Business Loans
Bank of Industry (BOI) Nigeria is giving out huge business loans to interested Nigerians, the Bank is ready to dish out theses Business loans only to those willing to apply.
Bank of Industry (BOI) Nigeria plans to use this avenue to Provide financial assistance for the establishment of large, medium and small projects as well as the expansion, diversification and modernisation of existing enterprises; and rehabilitation of existing ones.
CBN AGSMEIS Loan For SME’s & Agricultural Businesses
The Central Bank of Nigeria (CBN) and the Bankers’ Committee, created the Agri-Business/Small and Medium Enterprise Investment Scheme AGSMEIS Loan, as an initiative to support the Federal Government’s efforts in the promotion of agricultural businesses and small/medium enterprises (SMEs) in the country.
The AGSMEIS loan is been disbursed by NIRSAL Microfinance Bank and other Banks and you can apply for the Loan without any collateral.
Interested Nigerian engaged in Agriculture or other SME businesses can access up to N10 Million from the AGSMEIS Loan, at a single-digit interest rate of 9% per annum. Below are the requirement and steps to access
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