FG launches N500bn youth credit scheme, offers entrepreneurs up to N2m without collateral

By Joseph Erunke, Abuja The Federal Government on Wednesday launched the third phase of its YouthCred initiative, targeting 500,000 young entrepreneurs with access to loans ranging from N200,000 to N2 million without collateral. The programme, launched by the Nigerian Consumer Credit Corporation (CREDICORP) in partnership with the Federal Ministry of Finance, is designed to expand…