Manduedu:
This is serious, so people are still receiving approval? What happen to my wifey own since June 11. God of approval, remember us again ooo biko...

I'm also here bro, I applied June 10th and no approval till date.

manlawal:
no but i applied

Okay

Kabiyesi12:


In as much you guys have followed the link and do as required give them some time for the email after your acceptance the remaining process might not be automatic. Give them some time and if its upto like 3 to 4 days you can walk like a winner to their branch that is close to you and lodge complain, wish you good luck

Alright, thanks for this piece

buklarbest:
I applied for the covid19 own late last year buh the site was experiencing congestion den hence,my app wasnt successful .The only issue I'm having with this NYIF own is that I heard we will need CAC for the small company we are to get the money for in which I don't have.


How do I get that before the loan will be ready ??

I have no idea the key requirements but to be on the safe side, you can process your business registration and get your certificate (e-certificate) in a week or less. Everything is online now so it's easier and faster.

mattbass:


Same here.

I think no one is exempted. They'll surely provide an update soon

I applied for 500k and they approved 200k, how is this even possible � Though i got my approval letter today, not really happy.

switblaze:
I applied for 500k and they approved 200k, how is this even possible � Though i got my approval letter today, not really happy.

maybe you could have applied for 1m.
the good news is approval is still on.
waiting for mine.
can you remember when you applied?

buklarbest:
Good afternoon guys, I just recieved this message from NMFB. What should I do next?

Can you take this post to the right section for NYIF this is a thread 4 Covid19 loan. Na wa 4 una

CaSttLe:


Can you take this post to the right section for NYIF this is a thread 4 Covid19 loan. Na wa 4 una

You can do that for me bc I don't have time for that now

Khisagye:

I'm also here bro, I applied June 10th and no approval till date.

Let's keep the hope alive Bro... God no go shame us...

Guys please i know somebody must have already asked this question before but please all these NIRSAL and NYIF and Covid19 loan... What are their terms and conditions... Because my friends think its free money

kashboy222:
Gotten my approval today
I was secretly viewing this thread each day and night hoping I got approval today been my lucky day u got approval for the covid19 loan
For the rest God grace you shall rejoice before this month end

Amen

please what are those terms and conditions?

Good Morning All,

Please after receiving message from NMFB that I'm prequalified for NYIF, I clicked on the link to register but they refused to send me the confirmation mail !

Please anybody with such experience and what's the way out ?

Thanks.

yommexe:
Good Morning All,

Please after receiving message from NMFB that I'm prequalified for NYIF, I clicked on the link to register but they refused to send me the confirmation mail !

Please anybody with such experience and what's the way out ?

Thanks.

you guys should go open your page of NYIF before i change it for Ena!

uthlaw:
you guys should go open your page of NYIF before i change it for Ena!

There's no active page for it yet !

yommexe:
Good Morning All,

Please after receiving message from NMFB that I'm prequalified for NYIF, I clicked on the link to register but they refused to send me the confirmation mail !

Please anybody with such experience and what's the way out ?

Thanks.

I haven't gotten an email also. IT'S a general problem. They are not organised.

yommexe:


There's no active page for it yet !

There is..you will see all update needed, search for it!

omojesu202:


maybe you could have applied for 1m.
the good news is approval is still on.
waiting for mine.
can you remember when you applied?

Those that applied for 1m+ mostly have their applications pending till now. They are majorly approving 500k range loans.

yommexe:


There's no active page for it yet !

Go and create a thread for it now afterall somebody created this. You can follow as many as possible thread no issue.

I was at Nirsal mfb yesterday for 2 things and the one that concerns this thread is that of covif 19 loan.
last week, Ewizard visited one of the nirsal branch and was told a register is opened for applicant yet to receive covid 19 loan approval, but when I asked for it the branch visited denied, they told there is no register for that, and all approvals comes from CBN.

What I know is covid loan is still on, thank God those that have gotten approval and probably disbursement, I pray our own too will come soon which I believe will come.

peeps4u:


Those that applied for 1m+ mostly have their applications pending till now . They are majorly approving 500k range loans.

I think these people will be considered under the NYIF scheme (for those that applied). Those who received the NMFB/NYIF message yesterday should completely forget about Covid19 fund.

Acidosis:


I think these people will be considered under the NYIF scheme (for those that applied). Those who received the NMFB/NYIF message yesterday should completely forget about Covid19 fund.

Please, how did you come to this conclusion?
You might be right because a friend who said she applied for 2m or so covid loan and the application is still not approved got nyif sms yesterday.

peeps4u:


Please, how did you come to this conclusion?
You might be right because a friend who said she applied for 2m or so covid loan and the application is still not approved got nyif sms yesterday.

I simply put 2 and 2 together. NYIF loan is a leverage finance for youths to boost their businesses. So, it is assumed that applicants seeking huge sums (1m+) are trying to boost their businesses.

Moreover, everyone I know who have gotten Covid19 funds (and also applied for NYIF) did not receive the NYIF message.

Lastly, Sunday Dare, the Minister i/c, made it clear sometime in December that applicants who have benefitted in a similar scheme would not be considered for the NYIF program.

peeps4u:


Please, how did you come to this conclusion?
You might be right because a friend who said she applied for 2m or so covid loan and the application is still not approved got nyif sms yesterday.

The information is true to a greater degree, you can only benefit from one platform either covid loan or NYIF and it seems the NYIF loan is much.
But my question, like my covid loan its more than a 1m and yet to receive approval. But when I registered the NYIF it was only my Name and BVN that the system accepted there was no other form template, that made me to think maybe it will not be accepted. Is there anyone like that and still receive any text as regards NYIF?

Kabiyesi12:
I was at Nirsal mfb yesterday for 2 things and the one that concerns this thread is that of covif 19 loan.
last week, Ewizard visited one of the nirsal branch and was told a register is opened for applicant yet to receive covid 19 loan approval, but when I asked for it the branch visited denied, they told there is no register for that, and all approvals comes from CBN.

What I know is covid loan is still on, thank God those that have gotten approval and probably disbursement, I pray our own too will come soon which I believe will come.

may be its the Google form application that's opened for applicants that are yet to be approved, but people are saying all sorts of things about the Google form here. Some people that used the Google form in November and December last year have already received their money, despite the fact that applications closed on the 30th of June.

Sooner or later those of us that believe in authenticity of the Google form will be vindicated.

ArewaWife:


I haven't gotten an email also. IT'S a general problem. They are not organised.

My sister have you too gotten NYIF approval too via text?

Kabiyesi12:

The information is true to a greater degree, you can only benefit from one platform either covid loan or NYIF and it seems the NYIF loan is much.
But my question, like my covid loan its more than a 1m and yet to receive approval. But when I registered the NYIF it was only my Name and BVN that the system accepted there was no other form template, that made me to think maybe it will not be accepted. Is there anyone like that and still receive any text as regards NYIF?

Do you meet the age criteria (18-35 years)?

SADYBABA:
may be its the Google form application that's opened for applicants that are yet to be approved, but people are saying all sorts of things about the Google form here. Some people that used the Google form in November and December last year have already received their money, despite the fact that applications closed on the 30th of June.

Sooner or later those of us that believe in authenticity of the Google form will be vindicated.

its well

Acidosis:


Do you meet the age criteria (18-35 years)?

Lols, yes bro!

Kabiyesi12:

Lols, yes bro!

Okay

No cause for alarm bro. I believe everyone would be considered.

Kabiyesi12:

My sister have you too gotten NYIF approval too via text?

Yes I did.

Acidosis:


Okay

No cause for alarm bro. I believe everyone would be considered.

Amen. Thanks bro