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NPOWER UPDATE: Check out requirements for the CBN’s NEXIT grant

by Emerald Nigeria
March 20, 2022
in Economy
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The management of the Nexit programme has said that qualified Nexit applicants can get up to 3,000,000 CBN entrepreneurship loan.

 

This article is centered on the stipulations of obtaining a CBN Nexit Entrepreneurship Loan, this is due to series of questions asked on the nexit platform.

However, before we proceed, note that the management of Nexit Scheme which is FG and CBN has the final decision regarding how you get the loan.

Below are  possibly  what can qualify you to get Nexit loan :

  1. You need to be an exited Npower beneficiary

  2. You are not tided to other CBN loan obligation

  3. Have a BVN Number

  4. Have your  business  registered with CAC (Optional)

  5. You need to attend the Nexit training

  6. Have a business plan

The selected first batch of the Npower Nexit Scheme is undergoing Training across the country right now.

Also Read:

BSFAA 2025: Business Summit Empowers Nigerian Entrepreneurs Amid Economic Turbulence

Delta hosts entrepreneurship capacity building summit to empower local business owners, foster economic growth

EcoAction2025: African Women Pioneer founder Olushoga says partnership, strategic alliances key to business success

EcoAction2025: Africa Women Pioneers founder Olushoga says partnership, strategic alliances key to business success

 However, if  you are not lucky to be selected in the first batch, you will definitely be in the subsequent batch.

Source: Pinnacle Report
Tags: businessCBNentrepreneurshipFederal Government of NigeriaNEXITNpower
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