student loan
12 Nov
As Nigerian students celebrate the introduction of the Federal Government’s student loan programme, their joy may be short-lived as public tertiary institutions may once again increase tuition fees.
4 Nov
Nigerian Education Loan Fund (NELFUND) has said it will help beneficiaries of the Federal Government students’ loan programme
10 Oct
Barely six months into the take-off of the Nigerian students’ loan scheme initiative of President Bola Tinubu, it is not entirely surprising that the recipients are already seeking a 100 per cent increase in the disbursement.
12 Sep
The Nigerian Education Loan Fund (NELFUND) has announced a delay in the disbursement of August stipends to students. NELFUND, through its spokesperson, Oseyemi Oluwatuyi, said in a statement that the delay is due to ongoing payment processing and security checks. It also noted that the delay is necessary to protect public funds and ensure they…
7 Sep
Students of Moshood Abiola Polytechnic (MAPOLY) in Abeokuta have started receiving credit alerts from the banks for the student loans they applied for, the institution’s Rector, Dr Adeoye Odedeji, says. READ ALSO:MAPOLY students protest hike in fees Odedeji disclosed this on Friday in Abeokuta during the inauguration of newly elected members of the institution’s…
31 Aug
Students from Kano, Borno, and Benue states have taken the lead in NELFUND student loan applications, indicating a high demand for educati
14 Aug
The Federal Government has injected an additional N50 billion into the student loan programme, bringing the total funds available for 2024 to a record N100 billion. This comes as the National Association of Nigerian Students (NANS) has expressed concern over poor sensitisation of the scheme. The Guardian reports that while the government budgeted the sum…
14 Aug
The Nigerian Education Loan Fund (NELFUND) has announced that students enrolled in an additional 22 state-owned tertiary institutions can now apply for student loans through its online portal. NELFUND said the decision follows a review by the Student Verification System committee. It noted that students at the newly approved institutions can submit loan applications on…
12 Aug
The management of the University of Ibadan has announced that students who are beneficiaries of the Nigerian Education Loan Fund (NELFUND) and have already paid session fees are entitled to a refund. The University of Ibadan made the announcement in a statement on Monday and confirmed that NELFUND has remitted N201,114,650.00 to the university's account…
13 Jun
The Nigerian Education Loan Fund (NELFUND) said it will publish the full list of tertiary institutions that uploaded their complete student data onto the agency's Student Verification System (SVS) portal on June 24. This, it said, would affect both federal and state tertiary institutions. In a statement by the agency on Thursday in Abuja, it…
2 Jun
The Minister of State for Youth Development, Mr Ayodele Olawande, says that the student loan scheme is for youths to access interest-free facility for their educational pursuits in tertiary institutions.
30 May
The Nigerian Education Loan Fund (NELFUND) has said over 60,000 students have successfully registered for the loan scheme. Out of this number, 30,000 applicants have successfully applied for the facility. NELFUND also announced that the portal would be opened for students of state-owned universities from June 25th, 2024. Managing Director/Chief Executive Officer of the Fund,…
Latest
6 mins ago
Ayodeji Ibrahim Balogun, professionally known as Wizkid, is set to release his sixth album, Morayo, featuring Asake and 4 others. On November 18, 2024, the Don’t Dull crooner said he’s dropping the much-awaited album, Morayo on November 22, 2024. The album features great artistes globally such as Asake, Brent Faiyaz, Tiakola, Anais and Jazmine Sullivan.…
1 hour ago
A Kano Upper Shari’a Court on Monday dismissed the adultery charge filed against Auwal Danladi Sankara, the Commissioner for Special Duties in Jigawa State. Sankara, the son of Senator Danladi Sankara, who served in the last Senate, was accused of enticing a married woman, Tasleem Baba Nabegu, after both were allegedly caught by the Hisbah…
1 hour ago
Daniel Bwala, recently appointed Special Adviser to the President on Media and Public Communication, has denied lobbying for the position. Bwala, formerly a spokesperson for the Atiku Abubakar Presidential Campaign Council, clarified this during a Monday appearance on Channels Television's "Politics Today." Uncertain about President Bola Tinubu's reasons for selecting him, Bwala speculated it might…
1 hour ago
The US aviation giant Boeing sent out its first redundancy notifications on Monday as part of a previously announced plan to cut 10 percent of its global workforce. Boeing intends to cut almost 2,200 jobs in the US state of Washington, which is home to many of its oldest factories, according to a statement made…
1 hour ago
Osun State Governor, Ademola Adeleke, has accused the National President of the All Progressives Congress (APC), Dr. Abdullahi Ganduje, of attempting to destabilize the South-West region. Adeleke also called on President Bola Tinubu to caution the former Kano State governor. In a statement issued on Monday and signed by his media aide, Olawale Rasheed, Adeleke…
1 hour ago
In a recent display of his characteristic self-importance, former President Olusegun Obasanjo once again took to the public stage to bestow his unsolicited wisdom on leadership and governance in Nigeria. From his lofty perch, he blamed those who served after his tenure for the nation's myriad challenges. Unfortunately, the former leader's habit of casting aspersions…
1 hour ago
President Bola Tinubu has dismissed the Executive Secretary of the Pension Transitional Arrangement Directorate (PTAD), Dr. Chioma Ejikeme, just 13 months after her reappointment for a second four-year term. In a statement released on Monday by the Head of the Corporate Communications Unit of PTAD, Olugbenga Ajayi, the President announced the appointment of Tolulope Odunaiya…
1 hour ago
Over 3,000 military personnel from 25 African countries have gathered in Abuja, Nigeria, for the second edition of the African Military Games. The premier event aims to promote camaraderie, physical fitness, and regional collaboration among the continent's armed forces. The Games, beginning with a grand opening ceremony, will feature 19 disciplines, including athletics, football, basketball,…
1 hour ago
Following the influx of Tuaregs from the Republic of Chad and Benin into the northern part of the country, the Nigeria Immigration Service (NIS) has placed its officers on red alert. The foreigners, most of whom are believed by the NIS to be criminals, have caused tension in the northern part of the country, especially…
2 hours ago
The Federal Government on Monday moved to calm the nerves of governors and stakeholders who are worried about the proposed tax reform bills, particularly the new derivation-based model for Value-Added Tax (VAT) distribution. The government assured that the reforms will benefit all states fairly and are not targeted at any region. Chairman of the Presidential…