How To Easily Apply CBN EDC N10m Collateral Free Loan

How To Easily Apply The CBN EDC N10m Collateral Free Loan

Are you a Nigerian entrepreneur who needs a loan to boost his/her business? if your answer is yes, then the CBN EDC N10m Collateral Free Loan will be a good idea Loan your business needs as we will be walking you through the process and how to apply in this article.

Before moving further, there are other federal government loans currently ongoing, kindly click HERE to know about them.

About CBN EDC N10m Collateral Free Loan

The CBN-Entrepreneurship Development Centre (EDC) was created to expressly address the challenge of rising youth unemployment and its threat to political stability, social cohesion and economic growth of the nation.

The Centre aims to develop entrepreneurship spirit amongst Nigerians by developing the skills of trainees to successfully start, manage, diversify and expand business enterprise, and also facilitate easy access to start-up capital to trainees, especially funds from Banks and allied financial institutions.

List Of Approved Centres To Obtain The CBN EDC Loan Application Form

  • CBN-EDC, PortHarcourt (South-South), Website:, 30 Trans-Woji roads, Grace plaza, by Slaughter Bridge Woji Town, Port Harcourt, Rivers State.
  • CBN-EDC, Ibadan (South West), Website:, Address: Old SDSTC (Oyo Oodua Skill Acquisition Centre Premises), Samonda, along Sango-UI Road, Ibadan, Oyo State, Nigeria.
  • CBN-EDC, Enugu (South East) Address: Ebenezer Villa Suite, 8, Ogenyi Close, Off Cornerstone Avenue Off Nike Lake Resort Road, Enugu, Enugu State.
  • CBN-EDC, Maiduguri (North East), website:, Address: Old Informatics Institute, Njimtillo, Kano Road, Maiduguri, Borno State.
  • CBN-EDC, Kano (North West), Address: Murtala Muhammed Library Complex, Kano, Kano State.
  • CBN-EDC, Makurdi (North Central), Off Jonah Jang Crescent, Near Federal Secretariat, Makurdi, Benue State.
  • CBN-EDC, Minna (North Central), Address: Minna Innovation Institute, Behind Niger State Sharia Commission, Justice Ndajiwo Drive, Minna, Niger State.

How To Apply For CBN EDC N10m Collateral Free Loan

All interested applicants are to visit the approved centres we listed above to obtain the Loan Application Form. Just locate the one closest to you in the above list to pick up the form which you are expected to fill your information correctly and submit it back to the officials in the office.

Note: Applicants will be required to undergo training, after which the loan would be paid into your personal bank account.

For more information about the loan, visit the official website at


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