Just another News Updates
In response to the recent fuel price hike, the National Association of Nigerian Students (NANS) has urged the federal government to raise student loans from ₦20,000 to ₦40,000 to alleviate the growing financial pressures on students. The call was made by NANS Senate President, Babatunde Akinteye, during a press conference in Abuja on Monday, where […]
First City Monument Bank (FCMB) is providing Nigerian parents with a convenient option to access funds for school fees and supplies as the new academic term approaches. Through its ‘FastCash’ digital loan solution, FCMB enables parents and guardians to borrow up to ₦200,000 within minutes via the FCMB mobile app or by simply dialing *329*11#. […]
The Nigerian Education Loan Fund (NELFund) has released data on student loan applications, revealing significant participation from students across various states, with Kano, Borno, and Benue states emerging as the top three in terms of the number of applicants. This development follows the launch of NELFund by President Bola Tinubu in July, under the revised […]
The Nigerian Education Loan Fund (NELFund) has announced the receipt of an additional ₦50 billion from the Economic and Financial Crimes Commission (EFCC) to bolster its efforts in providing financial support to students across Nigeria. This substantial amount, sourced from recovered proceeds of crime by the nation’s anti-graft agency, was transferred to NELFund following a […]
The Nigerian Education Loan Fund (NELFund) has cleared 22 more state-owned tertiary institutions to apply for student loans. In a recent announcement on its official X (formerly Twitter) account, NELFund confirmed that students from these institutions are now eligible to apply for loans via its portal, nelf.gov.ng. The approval came after a review by the […]
The Economic and Financial Crimes Commission (EFCC) has contributed ₦50 billion to the Nigerian Education Loan Fund (NELFUND), a significant boost to the government initiative aimed at supporting indigent students in higher education. This was announced by the EFCC on Tuesday, August 13, 2024, during a courtesy visit by the Managing Director and Chief Executive […]
In alignment with President Bola Ahmed Tinubu’s commitment to enhancing educational opportunities for Nigerians, the Nigerian Education Loan Fund (NELFund) has continued the disbursement of substantial student loans to institutions and students nationwide. In the light of the foregoing, NELFund has so far further approved student loans amounting now to over N2,530,235,750, being disbursed across […]
The Nigerian Educational Loan Fund (NELFUND) announced on Tuesday that it would disburse ₦850 million to institutions today, Wednesday, as part of its ongoing effort to support students’ education. This is in addition to the over ₦1.7 billion already disbursed to approximately 20,000 students. During a press briefing in Abuja, Akintunde Sawyer, the Managing Director […]
The Nigerian Education Loan Fund (NELFUND) announced that student loans under its scheme will be disbursed based on the academic calendars of respective institutions. Nasir Ayitogo, Head of Media and Public Relations at NELFUND, confirmed this in an interview in Abuja on Friday. “Funds will be disbursed according to each institution’s academic calendar. It will […]
The Nigerian Education Loan Fund (NELFUND) has approved the disbursement of student loans to successful applicants. NELFUND held its inaugural board meeting on Wednesday, marking a milestone in its mission to support students with financial aid. Under the leadership of Chairman Mr. Jim Ovia, the board approved the immediate disbursement of student loans. A statement […]