
NYSC, CREDICORP Launch N200,000 Loan Scheme For Corps Members Nationwide
NYSC, CREDICORP Launch N200,000 Loan Scheme For Corps Members Nationwide The Nigerian Consumer Credit Corporation (CREDICORP) has partnered with the National Youth Service Corps (NYSC) to introduce YouthCred, a loan programme offering corps members access to credit facilities of up to ₦200,000. The initiative was formalised on Wednesday in Abuja through the signing of a Memorandum of Understanding (MoU) between the two institutions. CREDICORP Managing Director/CEO, Engr. Uzoma Nwagba, revealed that ₦9 billion has been allocated for the first phase, which will focus exclusively on NYSC members. He explained that the programme aligns with President Bola Tinubu’s Democracy Day pledge…