1,100+ Ondo Varsity Students Get N144.5m Loan
Adekunle Ajasin University confirms over 1,116 students benefited from N144.5m NELFUND loans for tuition. VC also details new hostel projects to enhance campus safety. Read more.
Category : Search result: Nigerian Education Loan Fund
LP to Sue Ogun State Over N1.669 Trillion Budget Loan
Labour Party warns Governor Dapo Abiodun against borrowing to fund Ogun's 2026 budget, threatens court action. Details on the N518.9bn debt plan and political showdown.
NELFUND Pays ₦997.8m Tuition for 5,386 KWASU Students
Nigerian Education Loan Fund disburses ₦997.8 million to cover tuition for 5,386 Kwara State University students for the 2024/2025 session. Read the full details of this major educational intervention.
Stakeholders Push for Accountability in Oyo Schools
Education experts and CSOs in Oyo State call for enhanced transparency and citizen oversight in schools to improve learning outcomes. Key actions identified.
UNIOSUN VC Warns Students on Social Media, Promotes NELFUND
Osun State University VC, Prof. Clement Adebooye, advises new students against social media misuse and encourages applications for the NELFUND loan scheme to support their education.
Nigeria Gets $100m AfDB Loan for Youth Fund
Nigeria's FEC has approved a $100 million AfDB loan for the Youth Investment Fund and a $50m Islamic Bank loan for Yobe agriculture. President Tinubu pushes for 7% growth.
NCDMB, BOI Unveil $100m Fund for Oil & Gas Firms
NCDMB and Bank of Industry launch a $100m equity fund to boost local oil & gas firms. Nigerian content performance rises to 61%. New rules make certificates non-transferable from 2026.
Northern Governors Launch N16bn Monthly Security Fund
Northern governors and traditional rulers have approved a N16bn monthly security trust fund to combat banditry and terrorism. They also urged President Tinubu to suspend mining activities for six months.
UBA MD: Bank Credit is Not a Gift, Must Be Repaid
UBA MD Oliver Alawuba cautions Nigerians to treat loans responsibly as bank lending hits N46.7 trillion. CIBN also addresses 'Japa' impact with new fund. Read more.
UK Halts $1.15bn Loan for Mozambique Gas Project
Britain withdraws funding for TotalEnergies' Mozambique LNG project, citing national interests. The $20bn project, paused after a deadly 2021 attack, faces new hurdles. Read more on the implications for Africa's energy sector.
UK Pulls $1.15bn Loan for Mozambique Gas Project
Britain withdraws funding for TotalEnergies' Mozambique LNG project, citing national interests. The $20bn project, halted by jihadist violence, faces new hurdles. Read the full analysis.
Nearly 800,000 Students Benefit from NELFUND Loan Scheme
Nigerian Education Loan Fund reveals 788,947 students have received loans totaling N140.88 billion. Discover the breakdown, top applying universities, and student experiences with the scheme.
$460m Abuja CCTV Project Failure Under Investigation
House of Representatives launches forensic investigation into failed $460 million CCTV project as Abuja faces worsening insecurity. Committee demands accountability.
AfDB approves $500m loan for Nigeria's budget
African Development Bank approves $500 million budget support for Nigeria to boost non-oil revenues and energy sector reforms. Learn how this impacts Nigeria's economic growth.
AfDB Approves $500m Loan for Nigeria Energy Reforms
African Development Bank approves $500 million loan to support Nigeria's energy sector reforms and climate action. Learn how this funding will transform Nigeria's power sector.
Nigerian Couple's $88,000 Wedding Loan Costs $158,924
A Nigerian couple borrowed $88,000 for their wedding and will repay $158,924 over 17 years. Shocking details revealed by friend spark wedding cost debate.
Nigeria gets $500m AfDB loan for energy transition
Federal Government secures $500 million from African Development Bank to finance energy transition and economic governance reforms. Learn how this impacts Nigeria's development.
CBN Retains MPR at 27%, Delays Loan Rate Cuts
Nigeria's Central Bank maintains 27% interest rate to fight inflation. Businesses and borrowers face continued high loan costs as monetary tightening persists. Learn what this means for you.
5 Govt Loans & Grants for Nigerians Under Tinubu
Discover 5 government loan and grant schemes under Tinubu's administration helping Nigerians overcome economic hardship. Learn how to apply for NELFUND, CrediCorp, and more.
Oborevwori hails Navy's role in national stability
Delta State Governor Sheriff Oborevwori commended the Nigerian Navy for safeguarding maritime assets and oil infrastructure. The state also plans a ₦1bn BOI loan to boost industrialization.
Tompolo gets honorary doctorate from ECU
Edwin Clark University confers an honorary doctorate on Tompolo for his transformative contributions to education and regional security. The university also unveils a N10 billion endowment fund.
Delta State Seeks ₦1bn BOI Loan for Industrial Growth
Delta State Government plans to secure ₦1 billion loan from Bank of Industry to accelerate industrialisation and technology-driven manufacturing. Learn how this initiative will transform the state's economy.
LAPO Donates Lab Equipment, Books to Schools
LAPO empowers Nigerian students through educational support, scholarships, and science competitions to combat poverty and improve learning standards nationwide.
Lawyer: How to Stop Loan App Harassment in Nigeria
A Nigerian lawyer explains the illegal tactics used by loan sharks and reveals the government agency that can stop cyber-stalking. Learn your rights today!
Lady's N16k Loan Becomes N365k Debt from Loan App
A Nigerian woman's N16,000 loan from a mobile app escalated to N365,000 repayment demand. Discover the shocking details and public reactions to this predatory lending case.
Man's N1.3m Loan App Credit Score Stirs Reactions
A Nigerian man's display of his over N1.3 million credit score on a loan app has generated mixed reactions online, with many warning it's a trap. Discover the full story.
Stanbic IBTC Supports 200 Children with Prosthetic Limbs
Stanbic IBTC celebrates supporting 200 children through Together4ALimb initiative, providing prosthetic limbs and education trust funds. Join the movement for inclusive education.
FairMoney Launches ₦5M Loan for Nigerian Pros
FairMoney Microfinance Bank launches FlexiCredit, offering Nigerian professionals loans up to ₦5 million. Learn eligibility, interest rates, and how to apply.
Court awards N20.7bn against petroleum marketer
A Federal High Court in Lagos has ordered Kehinde Elliot Ogbor and Danium Energy to pay Union Bank N20.7 billion. The bank can now seize and sell properties to recover the debt. Read the full details.
Delta Govt Seeks ₦1b BOI Loan for Industrialisation
Delta State government plans a ₦1 billion BOI loan to accelerate industrial growth and digital innovation. Learn how this partnership with MAN will reshape manufacturing.
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