1. Question:
Apart from registered members in Ibadan, Oyo State can I also benefit from the zero-interest empowerment loan in any part of Nigeria?

Yes, our zero-interest business empowerment loans for registered members is now without boundaries, candidates can apply and get disbursement from any part of Nigeria once there is internet access to apply online and also able to meet up with the guarantee requirements.

2. Who can be a guarantor for the business empowerment loan?

For cheque backed loan, a banker is 100% qualified, however in case an applicants could not provide a banker guarantor such applicants can also propose any other available guarantor which may be approved at the discretion of the institute based on the recommendation of the assigned credit analyst after proper evaluation of the proposed guarantor.
For cash backed loans, registered members only are qualified to provide guarantee with some collateral deposits of 20% minimum and 50% maximum of required loan amount. This is important for the Institute to fall back on incase of default by the beneficiary.

3. Question:
Will the guarantors be personally present at Ibadan Oyo state to submit guarantee documents?

No, since the applicant will complete the whole application process through online application and later forward hardcopies of documents through special courier, the guarantee documents will come along with the applications.

4. Question:
How do I get the list of available courses for my application?

Log on to the website  www.ibanigeria.org you will see the column to download the current training course brochure.

5. Question:
If I intend to register for a course and could not find such course in the current training course , what can I do?

We have tailor-made/on-demand courses that you can apply for. For instance if you found a course in a daily newspaper advertised by any training or consultancy organization and you could not find such course in the brochure you are expected to send an email to: This email address is being protected from spambots. You need JavaScript enabled to view it. to request if the institute will be able to run the programme for you. The lists of courses in the brochure are just samples of various professional courses that we run at the Institute of business advisers.

6. Question:
For the Foodstuff export skills acquisition training course, can I participate thorough self-study distance learning alone?

No, you can participate through class based or Online instructor lead which includes the use of email , social media platform (watsaap) and introduction of training video highlights  to drive down the main important points. However, it’s a self-paced programme and participants will not be restricted to a particular time of the day to be online to receive the lessons.

7. Question:
If I intend to apply for the overseas business excursion, do I have to pay for agency fee?

No agency fee will be paid for the processing; the group application will be handled by the institute with the aid of qualified consultants.

8. Question:
Is the Institute of Business Advisers an approved professional institute?

Yes, the Institute of Business Advisers is a federal government approved institute. The institute got the approvals of both the Federal Ministry of Education and Federal Ministry of Justice before final incorporation in the year 2011.

Any other question? Please send an email to: This email address is being protected from spambots. You need JavaScript enabled to view it. or call 08167827640

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