• News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
MSME Africa
  • News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
  • News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
MSME Africa
No Result
View All Result

Union Bank Begins BVN Verification for YEIDEP N50,000- N500,000 Grant Disbursement

Olusola Blessing by Olusola Blessing
June 27, 2025
in Business, News
0
Union Bank Begins BVN Verification for YEIDEP N50,000- N500,000 Grant  Disbursement
Share

The Youth Economic Intervention and De-Radicalization Empowerment Programme (YEIDEP) has entered its next stage as of October 2025, and this is especially important for beneficiaries linked with Union Bank. According to the latest update, Union Bank has taken the lead in processing and is the first financial institution to complete collation of bank account details for YEIDEP participants.

Now, Union Bank has officially moved to the BVN (Bank Verification Number) verification phase. This step is crucial to ensure that every listed beneficiary is a legitimate applicant and qualifies for the ₦50,000 to ₦500,000 grant payment. The verification is expected to reduce errors and prevent fraudulent claims, making the grant process more transparent and accurate.

If you submitted your details under Union Bank for YEIDEP, it is important to ensure that your BVN matches the information already provided. This includes your name, phone number, and bank details. Any mismatch might lead to delays or removal from the beneficiary list.

The grant is part of a wider national program aimed at reducing youth unemployment and supporting small-scale businesses across Nigeria. Thousands of shortlisted applicants are currently waiting for their payment, and Union Bank’s progress means their group may likely be the first to receive funds soon after successful BVN validation.

Applicants linked to other banks like Access Bank, Zenith, First Bank, and UBA are still in the process of document verification and are expected to move into the BVN check phase in the coming weeks.

To avoid missing out, all applicants should:

  • Check if their BVN and bank details match
  • Avoid multiple registrations
  • Follow official YEIDEP updates on verified platforms
  • Stay alert to SMS or email instructions
  • The next update will likely include exact payment dates, and Union Bank recipients may be first in line once verification is done.

This development marks a big step forward in the YEIDEP disbursement timeline for October 2025, bringing many young Nigerians one step closer to receiving their government-backed grant support.

 

Stay tuned for more updates on payment progress and timeli

nes for other banks

Post Views: 49
Share

Related Posts:

  • MSME Africa Unveils Top 50 Remarkable MSME Founders 2023, Awards them $25,000 in Media Credits
    MSME Africa Unveils Top 50 Remarkable MSME Founders…
  • Best Cities to live as an Entrepreneur in Nigeria
    Ultimate 2025 Guide to the Top Business Enabling…
  • Africa must prepare for the inevitability of a global food crisis - Akinwumi Adesina
    Overcoming Binding Constraints to Competitive…
  • images (36)
    FG Releases YEIDEP 2025 Payment Schedule, Sparks…
  • Top 15 Social Media Marketing Tools for Nigerian Entrepreneurs
    15 Social Media Management Tools That Will Make Life…
  • Trends shaping global payment processing in 2023
    Trends shaping global payment processing in 2023
Tags: MSMEsSMEsYEIDEP
Previous Post

Katsina Unveils Digital Academy, Awards Grants to 200 Entrepreneurs on MSME Day

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result
Join MSME on Whatsapp
Subscribe To Our Newsletter
Enter your email to receive a weekly round-up of our best posts. Learn more!
icon
By subscribing, you agree with our privacy policy and our terms of service.

Recent Posts

  • Union Bank Begins BVN Verification for YEIDEP N50,000- N500,000 Grant Disbursement
  • Katsina Unveils Digital Academy, Awards Grants to 200 Entrepreneurs on MSME Day
  • CREDICORP Expands Queen Riders Programme, Empowers 3,700 Women with Tricycles
  • FG Releases YEIDEP 2025 Payment Schedule, Sparks Hope for Youth in Agribusiness
  • Kogi Indigenes Begin Receiving ₦50,000 BOI NANO Grants to Boost Small Businesses

Recent Comments

  • 10 Reasons Why SMEs Should Invest in Video Marketing - MSME Africa on How to Create Viral Videos for Social Media in 2024
  • link alay4d on 5 Nigerian-based Companies Providing Accelerator Programs for Startups in 2024
  • Damilare Oladeji on Nigerian Government Agencies that Support Entrepreneurship in 2024
  • situs alay4d on 50 Best Tools to Boost Your Productivity as an Entrepreneur in 2025
  • Otabor Osayomore Blessing on Ultimate 2025 Guide to the Top Business Enabling Cities for Startup Founders and Entrepreneurs in Nigeria
  • About us
  • Advertise with Us
  • Contact Us
  • Home
  • News
  • Newsletter
  • Submit News
  • Terms of Use

© 2023 MSME Africa - All rights reserved.

No Result
View All Result
  • About us
  • Advertise with Us
  • Contact Us
  • Home
  • News
  • Newsletter
  • Submit News
  • Terms of Use

© 2023 MSME Africa - All rights reserved.