List of the Latest Ongoing Federal Government Loans 2023
Here is the latest list of Current Federal Government Loan Programs for 2023. So, are you searching for a loan opportunity for an SME business in Nigeria? Or, do you want to know how to apply for FGN loan initiatives for farmers, businessmen/women, and households? Then, this loan article is for you. In this article, we are going to highlight everything you need to know about loan applications in Nigeria.
Therefore, on this webpage, you’ll find a list of current federal government loans for 2022 and how to apply for them.
You have to know that some loans are interest-free, while others have low-interest rates. Although, the government loans listed here have a no-fee application form process. So, continue to read below to see the full details.
List of Federal Government Loans 2023
There are a lot of loan applications available, But, below are the lists of Federal Loans programs 2023 for all Nigerian Citizens that are currently ongoing and accepting applications right now.
NYSC CBN Loan
This is a loan program for ex-corps and corps members to help them start a small business immediately after their NYSC activity. With this loan, one doesn’t have to rely on white-collar jobs after their national youth service. It’s easy to apply. Go to the application form portal to register https://www.yiedp-hbng.com.
Central Bank of Nigeria (CBN) NIRSAL COVID-19 Loan
NIRSAL Covid-19 loan opportunity through the Central Bank of Nigeria (CBN) is aimed at assisting Nigerian businesses and households in recovering from the economic problems caused by the COVID-19 pandemic. However, to apply for the NIRSAL Covid-19 loan, visit https://nmfb.com.ng/covid-19-support.
AGSMEIS loan from CBN
The Central Bank of Nigeria’s Agric, Small, and Medium Enterprise Loan aim to assist agricultural-related enterprises in Nigeria. For more information on how to apply for this loan visit https://agsmeisapp.nmfb.com.ng/.
GEEP Loan from Npower
Geep is an interest-free loan for N-power batch A and B beneficiaries to help them launch a business and avoid returning to the streets. You can apply online at www.npower.gov.ng/.
Federal Mortgage Bank of Nigeria’s NHF loan
The National Housing Fund (NHF) loan is a federal government effort to make affordable housing accessible to Nigerians. For more information on how to apply for this loan here.
TraderMoni Loan
The Federal government’s Government Enterprise and Empowerment Programme (GEEP) designed this no-interest loan exclusively for tiny Nigerian traders and entrepreneurs. To apply here.
FarmerMoni is a loan program for farmers.
This is a federal government loan to help and encourage small farmers. The Government Enterprise and Empowerment Programme is funding this loan initiative (GEEP). You can apply at https://www.boi.ng/, which is the website of the Bank of Industry.
MarketMoni
This loan called MarketMoni is also from GEEP. It is a federal government loan program designed to provide financial assistance to small business owners. This loan looks a lot like the TraderMoni loan. You can apply for this loan at https://www.boi.ng/apply.
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All these loans listed above are currently accepting loan applications from applicants right now, all you have to do is follow the steps on how to apply for these federal loans in Nigeria. If you have any questions, kindly use the comment box below and we will respond to you instantly.