₦500,000 FG Loan by CBN Begins

Have you applied to the ongoing CBN N500k loans featuring low to zero interest rates? In the following text, we’ll be able to guide you on how to access the CBN Grants provided by the Federal Government.

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The CBN N500k scheme is strategically designed to shift from a “white-collar” job search culture to fostering an entrepreneurial environment, thereby promoting economic growth and job creation among undergraduates and graduates, as stated by the Central Bank of Nigeria.

READ ALSO: FG ₦250,000 Loan by NDE Kicks Off

This initiative is set to run for the first time within 10 years, concluding no later than December 31, 2031, contingent upon the complexity of the projects involved.

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Projects funded under this scheme will be meticulously monitored by independent assessors appointed by CBN and MFIs.

How to Apply

To apply and join others in securing your funds, submit your application, click here.

To submit your application, click here.

 

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