CREDICORP To Launch N6Billion YouthCred initiative For Corps Members - DAILY GIST
  • Home
  • ARTICLES
  • NEWS
  • BUSINESS
  • EDUCATION
  • ENTERTAINMENT
  • HEALTH
  • POLITICS
  • TECHNOLOGY
  • CRIME
  • METRO
  • SPORTS
  • NEWS EXTRA
  • JOBS & SCHOLARSHIPS
  • TRENDING VIDEO
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
  • TERMS OF USAGE
  • ADVERTISE WITH US
DAILY GIST
  • Home
  • ARTICLES
  • NEWS
  • BUSINESS
  • EDUCATION
  • ENTERTAINMENT
  • HEALTH
  • POLITICS
  • TECHNOLOGY
  • CRIME
  • METRO
  • SPORTS
  • NEWS EXTRA
  • JOBS & SCHOLARSHIPS
  • TRENDING VIDEO
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
  • TERMS OF USAGE
  • ADVERTISE WITH US
No Result
View All Result
  • Home
  • ARTICLES
  • NEWS
  • BUSINESS
  • EDUCATION
  • ENTERTAINMENT
  • HEALTH
  • POLITICS
  • TECHNOLOGY
  • CRIME
  • METRO
  • SPORTS
  • NEWS EXTRA
  • JOBS & SCHOLARSHIPS
  • TRENDING VIDEO
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
  • TERMS OF USAGE
  • ADVERTISE WITH US
No Result
View All Result
DAILY GIST
No Result
View All Result

CREDICORP To Launch N6Billion YouthCred initiative For Corps Members

Adam PR by Adam PR
May 8, 2025
in NEWS
0
CREDICORP To Launch N6Billion YouthCred initiative For Corps Members
20.6k
SHARES
20.6k
VIEWS
Share on WhatsAppShare on TwitterShare on Facebook

The Nigerian Consumer Credit Corporation (CREDICORP) is set to launch a new initiative, YouthCred, targeting young Nigerians undergoing their National Youth Service Corps (NYSC).

The program, which is to be unveiled any moment from now, will commence with an initial funding pool of N6 billion, will offer affordable consumer credit to corps members, marking a major step forward in the federal government’s broader ambition to build a sustainable credit culture across the country.

CREDICORP CEO Uzoma Nwagba disclosed this in an exclusive interview with Nairametrics, noting that the initiative is not just another loan scheme, but a program designed to help young Nigerians live better today, while learning how to manage credit responsibly for the future.

Nwagba noted that one of President Bola Tinubu’s key goals is to build a credit culture, and that starts with understanding how money works, what a credit score is, how to protect it, how to budget, and how to use credit productively.

“The best time to instill these values is when young people are just entering the workforce,” he said.

According to him, YouthCred allows corps members to access upfront consumer credit of N100,000 to N150,000, repayable in small installments over the course of their service year.

ALSOREAD

President Tinubu Petitioned Over Corper Raye’s NYSC Service Extension

JUST IN: Why Raye Was Not Issued Certificate — NYSC

Nigerian Lady Celebrates Breaking Family Curse After Completing NYSC

Nigerian Governor Increases Corps Members’ State Allowance To N30,000

Court Approves Wearing Of Skirts For Female Corpers, Gives Reason

With NYSC members now receiving a monthly allowance of N70,000, the program makes it possible for them to borrow responsibly against future earnings.

The credit is offered at near single-digit interest rates, a rare opportunity in a country where consumer credit remains scarce and expensive.

Nwagba said this makes the initiative one of the most affordable financing options available in the country today.

YouthCred is tailored to help corps members meet real, practical needs. Whether they are posted to urban centers or rural communities, the program ensures they can settle in quickly and comfortably.

“Imagine you’re posted to a remote village, you need a fan, some basic furniture, maybe even a motorbike or tricycle to move around.

“Or you’re sent to a city law firm, you need a suit, shoes, or maybe a laptop. YouthCred lets you access the tools you need upfront, so you can start your service year strong, and pay back in small bits,” Nwagba explained.
According to Nwagba, access to credit under the YouthCred program is conditional on one key factor: training.

He disclosed that before any loan is disbursed, corps members must go through a digital financial literacy program covering the basics of credit, budgeting, credit scores, and financial responsibility.

The training, he said, includes interactive quizzes, gamified modules, and a final assessment.

FOLLOW US ON SOCIAL MEDIA

TWITTER — https://x.com/dailygistonline

THREADS —https://www.threads.net/@dailygistonline

FACEBOOK — https://m.facebook.com/oauvoices

INSTAGRAM —https://www.instagram.com/dailygistonline/ 

 

FOR ADVERTS, PUBLICATION AND PROMOTIONS, CONTACT DAILY GIST ON WHATSAPP – 09061956151

Share This News

Tags: Corps MembersCREDICORPNYSC
Previous Post

Senate President, Akpabio Sues Natasha Over ‘Erection’ Apology

Next Post

JUST IN: American Emerges New Catholic Pope

Adam PR

Adam PR

AdamPR is a young Blogger, Publisher, Web Designer. For Adverts and Publications, He can be reached on WhatsApp - 09061956151

Related Posts

Kashim Shettima Vacates Seat As Vice President Of Nigeria
NEWS

Kashim Shettima Vacates Seat As Vice President Of Nigeria

October 21, 2025
Nigerian Lady Stages Her Own Kidnap To Collect Ransom From Family, Relocates Abroad
NEWS

Nigerian Lady Stages Her Own Kidnap To Collect Ransom From Family, Relocates Abroad

October 14, 2025
Nigerian Man Asks Wife To Video Him Working, Dies On Camera In Ogun
NEWS

Nigerian Man Asks Wife To Video Him Working, Dies On Camera

October 10, 2025
How Moaning During Bedroom Sex Can Land You In Trouble — Nigerian Lawyer
NEWS

How Moaning During Bedroom Sex Can Land You In Trouble — Nigerian Lawyer

October 10, 2025
Nigerian Man Kills His Girlfriend For Money Rituals In Lagos
NEWS

Assistant Headmaster Suspended After He Was Seen F0ndling Student’s Br£asts In Viral Video

October 8, 2025
Bola Tinubu, Petrol Subsidy, Forex
NEWS

BREAKING: President Tinubu’s Minister Resigns

October 7, 2025
Next Post
JUST IN: American Emerges New Catholic Pope

JUST IN: American Emerges New Catholic Pope

Leave a Reply Cancel reply

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

TRENDING NEWS

  • VIDEO: Fairytale Wedding Crashes After Wife Finds $£x Tape Of Best Friend With Hubby

    VIDEO: Fairytale Wedding Crashes After Wife Finds $£x Tape Of Best Friend With Hubby

    25106 shares
    Share 10042 Tweet 6277
  • VIDEO: Lady Strips Half Nak3d As She Attempts To ‘Fight’ A Man Inside Market

    21816 shares
    Share 8726 Tweet 5454
  • FULL LIST: 15 Popular Nigerian Celebrities With Leaked Nud£/S£x Videos

    34688 shares
    Share 13875 Tweet 8672
  • VIDEO: Drama Ensues As Man And Woman Get Stuck During S3xual Interc0urs£

    21941 shares
    Share 8776 Tweet 5485
  • Kashim Shettima Vacates Seat As Vice President Of Nigeria

    21586 shares
    Share 8634 Tweet 5397
  • Nigerian Woman Whose Sex Video With A Married Man Went Viral Speaks

    22321 shares
    Share 8928 Tweet 5580
  • VIDEO: Tenant Caught Landlord Red-handed Sl££ping With His Wife & Daughter

    22493 shares
    Share 8997 Tweet 5623
  • Japa: 10 Frequently Asked Visa Interview Questions And How To Answer Them

    20725 shares
    Share 8290 Tweet 5181
  • VIDEO: Man Flogged Mercilessly For Secretly Recording Intim@te Moments With 3 Girls

    21317 shares
    Share 8527 Tweet 5329
  • Nigerian Lady Cuts Off Husband’s Hands For Buying iPhone 16 For Side Chick

    22693 shares
    Share 9077 Tweet 5673

DAILY GIST reports Latest News in Nigeria and aims to keep Nigerians updated and informed with Reports and Informations in the aspect of Education, Politics, Health, Business, Technology, Jobs, Entertainment. etc

  • Home
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
  • TERMS OF USAGE
  • ADVERTISE WITH US
  • DESIGNED BY ADAMPR
  • Privacy Policy

DAILY GIST © 2020 | All Rights Reserved

No Result
View All Result
  • Home
  • ARTICLES
  • NEWS
  • BUSINESS
  • EDUCATION
  • ENTERTAINMENT
  • HEALTH
  • POLITICS
  • TECHNOLOGY
  • CRIME
  • METRO
  • SPORTS
  • NEWS EXTRA
  • JOBS & SCHOLARSHIPS
  • TRENDING VIDEO
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
  • TERMS OF USAGE
  • ADVERTISE WITH US

DAILY GIST © 2020 | All Rights Reserved