CBN battles youth unemployment through YEDP, NYIF, others

Driven by the successes of previous initiatives, the Godwin Emefiele-led Central Bank of Nigeria (CBN), is increasingly directing resources at unlocking entrepreneurial potentials of the nation’s youth in the interest of economic diversification and growth, available documents show.  

Even before the introduction late last year of the Tertiary Institutions Entrepreneurship Scheme (TIES), the CBN had been in the business of supporting this viable segment of the population with affordable and accessible credit, launching other youth-targeted loan schemes with distinctive features.