CBN Gives Update On Tertiary Institutions Entrepreneurship Scheme Loan

CBN Gives Update On Tertiary Institutions Entrepreneurship Scheme Loan

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The Central Bank of Nigeria via its Facebook page has given a news update regarding the Tertiary Institutions Entrepreneurship Scheme Loan.

According to the CBN, as part of its policy measures to address rising youth unemployment and underemployment, introduces the Tertiary Institutions Entrepreneurship Scheme (TIES). The Scheme aims to provide an innovative financing model that will boost job creation, enhance entrepreneurship development, and support economic growth.

The Central Bank of Nigeria also shared the TIES loan requirements and advised the youths to take advantage of the scheme.

You may want to also check Call For Application - CBN 100 For 100 N5bn PPP Loan

TIES Loan Requirements

1) Be a Nigerian polytechnic and University graduates with not more than 7 years post NYSC

2) Providing requisite information and documents, such as:

  • First degree and NYSC discharge (or exemption certificate)
  • Valid mobile phone number (linked to your NIN or BVN)
  • Evidence of business registration (certified copies of relevant CAC documents) and
  • Corporate bank account number of business.

Method of application
To apply and for more information, visit https://www.cbnties.com.ng

Support line: 0700 225 5226

Email: [email protected]

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2 Comments

  1. Why should it be 7 years post qualification ...& those who have more & have not found are not Nigerians

    ReplyDelete
  2. Please, I heard that is more difficult for undergraduates to receive the loan on a webpage. Is this true? Should I lower my expectations on the success of my application?

    ReplyDelete

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