Category : Search result: NELFUND loan

NELFUND Disburses N154.4 Billion in Loans to 788,947 Students in 18 Months

NELFUND Loans: N154.4bn Reaches 788,947 Students

Nigerian Education Loan Fund has disbursed over N154 billion in interest-free loans to students. MD Akintunde Sawyerr urges more applicants and explains reasons for failed applications.

Cross River Sets Jan 31 Deadline for Commercial Vehicle Colour, Security Number Enforcement

Cross River Enforces Vehicle Colours from Jan 31

Cross River State mandates all commercial vehicles to adopt state-approved colours and security numbers by January 31, 2026. Non-compliance will attract sanctions. The move aims to boost safety and uniformity.

NELFUND Disburses N154.4 Billion to 788,947 Students in 18 Months

NELFUND Gives N154.4bn Loans to 788,947 Students

Nigerian Education Loan Fund disburses N154.4bn in interest-free loans to 788,947 students. CEO Akintunde Sawyerr reveals details and urges more applications from public institution students.

Over 1,100 AAUA Students Receive N144.5m in NELFUND Loans

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.

FEC Approves $100m AfDB Loan for Nigeria Youth Investment Fund

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.

UK Withdraws $1.15bn Loan for Mozambique LNG Project After Jihadist Attack

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 Withdraws $1.15bn Loan for Mozambique LNG Project Amid Security Concerns

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.

AfDB Approves $500 Million Loan to Boost Nigeria's Economy

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.

CBN Holds Interest Rate at 27%: No Loan Relief Until 2026

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.

Gov Oborevwori Praises Nigerian Navy's Role in National Economy

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.

Delta State Seeks ₦1bn BOI Loan to Boost Industrialisation and Digital Innovation

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.

Enugu Govt Begins Fencing of ESUT After 19-Year Wait

Enugu Govt Starts Fencing ESUT After 19 Years

Enugu State Government has commenced the N1.4 billion fencing project for ESUT's Agbani campus after 19 years to boost security and prevent land encroachment. Read more.

Court Awards N20.7 Billion to Union Bank Against Oil Marketer

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.

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