We value your privacy

We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By clicking "Accept All", you consent to our use of cookies. Cookie Policy

Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Africanian
  • News
  • News 24/7
  • Politics
  • Business
  • Health
  • Sports
  • Travel
  • World
    • US
    • Russia
    • Europe
    • Asia
    • America
  • Events
No Result
View All Result
Africanian
  • News
  • News 24/7
  • Politics
  • Business
  • Health
  • Sports
  • Travel
  • World
    • US
    • Russia
    • Europe
    • Asia
    • America
  • Events
No Result
View All Result
Africanian
No Result
View All Result
Home Business

Nigeria: CBN releases guidelines for N75bn youths investment fund

The Central Bank of Nigeria (CBN) has released guidelines for the implementation of the proposed N75 billion Nigerian Youth Investment Fund (NYIF).

africanian
October 29, 2020
in Business
0 0
0
Nigeria: CBN releases guidelines for N75bn youths investment fund
Share on FacebookShare on TwitterShare via Whatsapp

CBN, in a statement by its Development Finance Department, stated that the fund would be used effectively to respond to the challenge of youths employment in Nigeria.

According to the statement, the major objective of the plan was to address fragmentation of youths initiatives that prevent assessment of impact.

The apex bank said that the fund was dedicated to investing in the innovative ideas, skills and talents of Nigerian youths, adding that the funds are to be managed by NISRAL Microfinance Bank.

“The Federal Executive Council on July 22, approved N75 billion for the establishment of the NYIF from 2020 to 2023.

Related Post

The Central African Republic, is investing in green infrastructure to protect 300,000 residents

The Central African Republic, is investing in green infrastructure to protect 300,000 residents

July 24, 2025
Kenya: AfriLabs and Konza Technopolis Sign Strategic Deal to Boost Innovation Across Africa

Kenya: AfriLabs and Konza Technopolis Sign Strategic Deal to Boost Innovation Across Africa

July 23, 2025

Liberia unleashes youth capital to dream big

July 22, 2025

The Youth Charter: Mandela’s legacy transformed through sport

July 21, 2025

“It will provide Nigeria youths with investment inputs required to build successful businesses that can become sustainable employers of labour and contributors to the country’s development.

“The plan targets young people between 18 and 35 years and details the needed actions required to support business establishment, expansion and consequent employment creation for youths in critical economic and social sectors,” it stated.

”’Also, we will institutionally provide the youths with special window for accessing the funds, finances, business management skills and other inputs critical for sustainable enterprise development.

“The fund aims to financially empower youths to generate at least 500,000 jobs between 2020 and 2023.

“This will also generate much-needed employment opportunities to curtail youths restiveness, boost their managerial capacity and develop their potential to become the future large corporate organisations,’’ the statement said.

Source: dailypost.ng
Tags: breaking newsCentral Bank of NigeriaNigeriaNigerian Youth Investment Fund
africanian

africanian

Related Posts

The Central African Republic, is investing in green infrastructure to protect 300,000 residents
Environment

The Central African Republic, is investing in green infrastructure to protect 300,000 residents

by Africanian
July 24, 2025
Kenya: AfriLabs and Konza Technopolis Sign Strategic Deal to Boost Innovation Across Africa
News

Kenya: AfriLabs and Konza Technopolis Sign Strategic Deal to Boost Innovation Across Africa

by africanian
July 23, 2025
Liberia unleashes youth capital to dream big
Business

Liberia unleashes youth capital to dream big

by Africanian
July 22, 2025
No Result
View All Result

Africanian News

Is a dedicated project aimed at amplifying the voices of the African Ecosystem and Diaspora. We actively collaborate with initiatives to improve access to education and digital inclusion, both in traditional schools and through digital platforms, for African children.

It’s crucial to emphasize that none of the articles or images featured on our platform are intended for copyright infringement, neither now nor in the future. If you believe that any information, text, image, etc., may be subject to copyright and should be removed, please notify us by sending an email to info@africanian.com

Your dreams matter; your stories matter.

Feel free to explore collaboration opportunities with us. Share your articles, thoughts, interviews, experiments, or no-comment videos by reaching out to info@africanian.com. You can also subscribe to our mailing list to receive the latest updates from Africanian News.

News letter

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Log In

Sign In

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Back to Login

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Accept

Add to Collection

  • Public collection title

  • Private collection title

No Collections

Here you'll find all collections you've created before.

No Result
View All Result
  • News
  • Politics
  • Business
  • Health
  • Sports
  • Entertainment
  • Tech
  • Travel
  • World

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.