Nigeria Youth Investment Fund (NYIF) is a federal government initiative launched in 2020 to empower young Nigerian entrepreneurs with funding and support.
The NYIF portal is the official online platform where you can register, apply for loans, and check updates.
If you have been searching for the NYIF portal, you are in the right place. Here is everything you need to know about the Nigeria Youth Investment Fund Application Portal 2025.
What is the NYIF Portal?
The NYIF portal is an online platform for youth loan applications under the Nigeria Youth Investment Fund.
It is managed by the Federal Ministry of Youth and Sports Development (FMYD), in partnership with the Central Bank of Nigeria (CBN) and NIRSAL Microfinance Bank (NMFB).
Through this portal, you can access subsidized financing, business training, and other resources designed to reduce youth unemployment and foster job creation.
The portal helps young people access loans, training, and official updates.
By pooling N110–N110 billion in funds, NYIF aims to reduce unemployment by funding youth-owned businesses across Nigeria.
Features of the NYIF Portal
The NYIF portal allows applicants to register by creating an account, filling out an online application form, and uploading required documents such as NIN, BVN, and business plans.
After submission, the portal provides application tracking, where users can log in and check the status of their loan application through a “Status” or “Dashboard” page.
The portal also contains information on the mandatory entrepreneurship training that approved applicants must undergo and may list updates or schedules for these training programs.
NYIF Portal 2025 Update
The application portal for the first batch of applications is https://www.fmyd.gov.ng/nyif-application and https://nyif.nmfb.com.ng. However, in 2025 the Federal Ministry of Youth Development introduced a new official portal, https://yid.fmyd.gov.ng. This is the latest Youth Investment Development (YID) portal where fresh applications and updates on NYIF will be managed. If you want to apply today, copy the new portal URL to your browser.
Features of the NYIF Portal
The portal will allow you to:
- Register for the NYIF loan program.
- Track your application status.
- Access training updates.
- Get support and official announcements.
It is where the new NYIF loan scheme can be open for new registration.
How to Register on the NYIF Portal
- Go to the FMYD official website https://yid.fmyd.gov.ng.
Click on “Apply” or “Register.” - Fill in your personal details, such as name, BVN, NIN, date of birth, phone, and email.
- Upload your required documents, like a valid ID card, BVN details, and business plan.
- Review everything carefully before you submit.
Eligibility requirements include:
- You must be a Nigerian between 18 and 35 years old.
- You must have a valid BVN and NIN.
- You must have a business idea or existing small business.
- You must not have unpaid government loans.
Tips: Use accurate details that match your BVN.
Submit a clear and realistic business plan. Click here to read more: NYIF Loan: How to Apply in 2025
How to Log in to the NYIF Portal
- To log in to the NYIF, visit https://yid.fmyd.gov.ng.
- Enter the email and password you used during registration.
- Click “Login” to open your dashboard.
- If you forget your password, click “Forgot Password” to reset it.
Always use the same email and phone number you registered with.
NYIF Loan Application Process
- Once logged in, complete your loan application form.
- Enter details about your business and funding needs.
- Upload your business plan and supporting documents.
Loan amount: Ranges from ₦250,000 to ₦50,000,000 depending on your business size.
Interest rate: Maximum of 5% per year.
Repayment period: Up to 5 years with up to 12 months grace period.
Your application is reviewed by NIRSAL Microfinance Bank. Only applicants with solid business ideas and good records are approved.
Common Problems and Solutions on the NYIF Portal
- Invalid BVN error: Check that your BVN matches your name and date of birth. Update at your bank if needed.
- Email not recognized: Use the exact email you registered with. Try password reset if necessary.
- Application stuck in processing: Be patient. Log in to check the status, or contact NMFB if it takes too long.
- Login errors:Clear your browser cache or try another device. Always use the official portal link.
FAQs About the NYIF Portal
How long does it take to get approval?
It usually takes between 2 and 6 month depending on verification and training schedules. Some applicants get approval faster, while others may wait longer due to document checks.
Is the loan free or repayable?
The NYIF loan is not realy free money.
It is a loan with 5% annual interest.
You must repay according to the agreed terms.
Can I apply more than once?
No. You can only apply once.
If you already benefited from government loans like COVID-19 loans, AGSMEIS, or NMFB loans, you may not qualify.
How do I know if my loan is approved?
You will get an email notification.
You can also log in to your dashboard on the portal and click on “Status.”
If approved, the loan will be disbursed directly to your bank account.
What happens if I don’t repay?
Your BVN will be blacklisted.
This will affect your credit score.
You may be denied future government loans or financial support.
Conclusion
The NYIF portal is where you can register for affordable loans, training, and official support. The NYIF loan application portal for the first batch was https://www.fmyd.gov.ng/nyif-application and nyif.nmfb.com.ng, but the next batch will be https://yid.fmyd.gov.ng/, which is the latest official portal for FMYD in 2025.
With the new portal at https://yid.fmyd.gov.ng, you can apply for an NYIF loan in 2025. If you are between 18 and 35 and have a business dream, this can be your chance when the portal finally opens.
Note the NYIF New Application is currently closed; we will update here when the portal opens, so check back.
