24 July 2026
TETFUND

Nigeria’s Student Loan Scheme Receives 745,000 Applications

The Nigerian Education Loan Fund (NELFUND) says it has received more than 745,000 applications for its interest-free student loan scheme, with 2,700 submitted in the past 24 hours. Managing Director Akintunde Sawyerr told a student leaders’ forum at the University of Port Harcourt on Friday that over 400,000 students were already benefiting, with tuition fees

Read More
Universities

ABU Students Laud NELFUND Initiative

Students of Ahmadu Bello University (ABU), Zaria, have celebrated the payment of their tuition and long-awaited upkeep allowances facilitated by the Nigerian Education Loan Fund (NELFUND). In a video shared by presidential aide, Bayo Onanuga, via his official X (formerly Twitter) account on Tuesday, students were captured dancing and chanting joyfully in what appeared to

Read More
CSR in Education

Ecobank Brings New Banking Help for Schools

Ecobank Nigeria has introduced new banking services to support individuals in the education sector. These include school owners, teachers, parents, and suppliers. The bank aims to make school work easier, improve financial matters, and support the sector’s growth. The new services were introduced in Lagos. They include loans for schools to cover expenses, convenient online

Read More
TETFUND

NELFUND Resolves Payment Delays for Over 3,600 Students

The Nigerian Education Loan Fund (NELFUND) states that it has completed the disbursement of upkeep payments to over 3,600 students who had previously registered with digital-only banking platforms. In a statement issued by its Director of Strategic Communications, Mrs Oseyemi Oluwatuyi, the Fund stated that the affected students had faced delays due to issues with

Read More