9 Lists Of Funding Sources Available To Nigerian Youth

Are You In Need Of Finance? See The List Of Federal Government Loan
Are you a businessman or woman looking for loans in Nigeria? Are you interested in government loans initiatives for farmers, entrepreneurs / women and families? If so, then you are on the right page.
Before that, please note that some loans have free interest while others are at low interest rates. The government submission process listed here is free.

List of federal government loans

 
 Below is a list of the Federal Government and the Central Bank (CBN):
1. NIRSAL COVID-19 And Business Loans
This is the life of a government loan by CBN that aims to help Nigerian business owners and families recover from the economic challenges caused by the COVID-19 pandemic. Apply for this loan at

2. CBN AGSMEIS
The Agriculture, Medium and Medium Program is an initiative of the Central Bank to assist agricultural-related enterprises in Nigeria. To apply for this loan, https://agsmeisapp.nmfb.com.ng/

 
3. Npower Program
This was created for opportunities from outside N-power A and B to start a business so that they do not go back outside. https://nasims.gov.ng/login

4. NHF grant from the Insurance Bank of Nigeria
The National Fund Fund Loan (NHF) is a government initiative to make housing more affordable for Nigerians. For information on how to apply for this loan.

5. TraderMoni

This free energy from the Federal Government was created through the Government Entrepreneurship and Imagination Program (GEEP), specifically for small businesses and artisans in the Nigeria. CIick is here to use.

6. FarmerMoni
This governmental power was created by the British Government in an effort to support and encourage smallholder farmers. The origin of this loan is within the framework of the Government and the Entrepreneurship Initiative (GEEP). You can use it through the Business Center website at https://www.boi.ng/

7. MarketMoni

MarketMoni is part of GEEP. It is a government loan scheme created to provide financial assistance to entrepreneurs and women. This money is similar to a TraderMoni loan. You can apply for this loan at https://www.boi.ng/apply.

 

8. Nigerian Youth Investment Fund 

 The Federal government Of Nigeria has officially unveiled the registration portal for the N75 Billion Nigeria Youth Investment Fund (NYIF), thereby paving the way for interested young Nigerians between the age of 18-35 years old to apply. Successful applicants will undergo compulsory online training which is FREE. Fund approval will range from N250,000 to N5,000,000 with a spread across group applications, individual applications, working capital loans set at 1 year, and term loans set at 3 years.

https://nyif.nmfb.com.ng/

REQUIREMENTS INCLUDE:

• BVN : BIOMETRIC VERIFICATION NUMBER AND NOT PIN.
  

• Phone

• Gender

• Residential Address

• Geo-Political Zone

• State of Origin

• LGA

• Educational Level

• Select Preferred Training Center

• How did you hear about NYIF?

Youth with business ideas that require funding can apply for the fund through the following link: https://nyif.nmfb.com.ng/Applicants/New.  

TAKE A LOOK  AT BELOW LINKS , APPLY FOR ANY FEDERAL GOVERNMENT LOAN OF YOUR CHOICE.

https://cbnties.com.ng/

https://www.njfp.ng/

https://apply.boi.ng/

https://www.simplifiedcredit.net/matching-fund/screening

https://nibloans.nmfb.com.ng/noninterestlendingtcfhousehold

https://nibloans.nmfb.com.ng/noninterestlendingtcfsme

https://nibloans.nmfb.com.ng/agsmeisnoninterestlending

https://agsmeisapp.nmfb.com.ng

https://nyif.nmfb.com.ng/

8 Tips To Survive A Crypto Bear Market

 The bear market that crypto investors are experience is no longer something new, even to the average person. The pioneer cryptocurrency, bitcoin, went down to more than 50 per cent of its all-time high. Altcoins were also affected severely, with as many of them such as Terra trading below $1.

What is a Crypto Bear Market?

A crypto bear market is a situation where the market is experiencing a decline in trade movements. It also signifies a period where most people are selling off an asset or assets in the market. This is usually a result of FUD (Fear, Uncertainty and Doubt) in the market.  The reverse is called the bull market, which indicates an upward appreciation or trend in the crypto market. It also comes where more buyers are in the market, possibly due to optimism. With what is happening in the market today, many who have been in the crypto space for a long time doubt whether the bull market will be seen in 2022. This has been deepened significantly after over $40 Billion was estimated to be lost in the recent crash. However, does this mean that the market won't recover? It will; the first thing is not to panic. 

The crypto bear market can be survived with the proper steps and principles as discussed below;

1. Avoid Panic Selling or Buying: 

It is common to have panic as a default response during any situation of unrest or uncertainty. However, you will be better positioned to make the right decision if you avoid panic responses in these situations.

As we'll see soon, there are other factors we'll discuss that will help you make wiser decisions during times like this. The cryptocurrency market or any cannot be timed accurately, just predictions in most cases. Before making a buy or sell decision, understanding what is going on and why things the cryptocurrency is dropping is what differentiates two people buying and selling a particular cryptocurrency in a bear market.  

2. Use This Time To Research About Cryptocurrency:

The bear market always offers the opportunity to buy good crypto projects at a lower price than they would be in normal market conditions. When you buy a cryptocurrency, you're investing in a company in the blockchain space. Rather than research the company and see if its business model is solid, many bet on luck into projects at a risky stage of their operation, hoping to become millionaires overnight. 

3. Play The Long Term Game:

Especially for the newbies, most people lose interest once the crypto bull market is over. These are not the characteristics of those with a long-term perspective of the crypto market. Cryptocurrency is a digital asset that depreciates and appreciates. Those who made the most significant success in the crypto space are not the ones who quit during a bear market but those who built up their portfolio when the market was down. 

4. Make Use Of The DCA (dollar-cost averaging) Approach:

Experienced crypto investors use this approach whenever the market is down in the red. This is an investment strategy whereby crypto traders budget the amount to be invested in the bear market and then make the investment in bits until the money is fully invested. In other words, assuming that a crypto investor has $2000 to invest in a bear market, he can split it into $50 and invest them bit by bit. This is a good strategy because the market is highly volatile, and a crypto bull market can return at any moment. This allows you not to lose all your investment to the bear market, and at the same time, you are ready if the candles turn green.

5. Avoid Shorting The Market:

Some crypto investors become so pessimistic when the market is down, forgetting that there is always the return of a crypto bull market. In a bid to remain cautious, many of them continue to predict that the market will continue to go down. Shorting bitcoin or the entire market is predicting that the market will continue falling because such is happening at a particular time. As an investor, shorting the market is a bad strategy and can make you lose opportunities others may jump into. Taking such as risk is treated with caution even among experienced traders.

6. Try Staking:

During the bear market, crypto investors are usually lost on the next step to generate money. Crypto staking is locking up your cryptocurrencies for a while in a blockchain. This is not like the traditional financial institutions where you keep cash and do not earn passively. Staking is an excellent way to increase exposure to a platform or asset you strongly believe in while earning extra interest.

7. Diversify Your Investments:

The cryptocurrency market, just like the tech space, is vast. When you buy cryptocurrency, you are actually investing in a project, just like purchasing a Facebook stock or Apple Stock. With diversification, the key is to understand that it is only on rare and challenging occasions that the whole crypto market gets into a bear situation. Rather than have all your investments in one aspect of crypto blockchain, you can invest some in crypto blockchains and companies building games, healthcare solutions, NFT marketplaces etc. This enables you to balance out short term value depreciation in investments, as seen in bear markets.

8. Do Not Leave Coins On Exchange:

As you wait for the crypto bull market to return, don't make the mistake of leaving your cryptocurrencies on just any exchange. There have been cases where crypto exchanges folded up during a bear market. You can leave some funds in your crypto wallet address and keep some in cold wallets, so your cryptocurrencies are safe.

Since the inception of cryptocurrency, the market has always experienced turbulence from time to time. In this period, investors usually make the most mistakes, and some build up vast amounts of money during the next bull run. What usually differentiates the losers from the winners is the actions they take. While many people act without proper guidance, the market winners stake their crypto, use the dollar-cost averaging strategy, play the long-term game, and more. We want to see you win; feel free to share with someone that needs to learn these strategies. 

Disclaimer: This article is meant to provide general guidance and understanding of cryptocurrency and the Blockchain network. It’s not an exhaustive list and should not be taken as financial advice. This blog is not responsible for your investment decisions. Have a nice day.

4 Important Laws Of Growth

1. Speak less, Let Results Speak for themselves.

  Let your results talk for you. 

2. Listen more.

  You can't LEARN if you don't listen and You can't GROW if you don't LEARN

3. React less.

The less you react, the better you can respond.

4. Observe more.

 -The more you observe, the clearer the situation

 -The clearer the situation, the better your reaction

 -The better your reaction, the better your RESULTS.

Factors THAT DETERMINE YOUR Guts AS A Stock Market INVESTOR.

Maybe if we can change our MINDSET, the way we think of MONEY, the way see and our use of MONEY, maybe everything in our lives would change for good, FOR THE BETTER. 

Invest in Yourself, to improve our lives and financial IQ daily.

 

To do well in the stock market, you must know exactly your core investment personality, the kind of investor you are, your core investment objective and how to achieve it. 

In other to  stand a better chance of winning in the capital market. If you miss it there, you miss out. 

Now as a retail investor, its very important you know where you fall in below; are you,

1. A value /growth investor.

2. A dividend income investor.
 

3. A momentum trader or a daily trader.
 

These are the three kinds of investor's in the capital market. 

Some are passive, whilst some are reactive, but some are proactive. These are the goal getters. 

Therefore I say to you, Know where you belong in the categories above, because every other thing you may know or do in the stock market is a reflection of your core investment personality, kind of investor and your core investment objective(s). 

 

These influence and control your investment decision's, actions and results. That is to say, they're the starting point of your achieving success or otherwise in the stock market. 

For full comprehension of these things, subscribe and read posts that help you to understand these things better here.