News as it breaks
The National Assembly (NASS) and the Nigerian Education Loan Fund (NELFUND) have announced plans to expand Nigeria’s student loan scheme from 1.6 million beneficiaries to seven million students, in a move aimed at boosting access to higher education and driving national development. The commitment was made on Monday during a…
The Nigerian Education Loan Fund (NELFUND) has warned students and the general public to beware of fraudsters circulating fake information about its interest-free student loan scheme, following the emergence of a fraudulent notice promoting a non-existent 2026 registration portal. In a statement shared on its official X handle, NELFUND…
The Nigerian Education Loan Fund (NELFUND) has extended the application deadline for the 2025/2026 academic session to next month, giving prospective applicants additional time to complete and submit their forms. The Fund announced the extension in a statement issued in Abuja, explaining that the earlier deadline scheduled for this…
The Nigerian Education Loan Fund (NELFUND) has reassured students and stakeholders that the ongoing ASUU warning strike will not affect its operations or student loan disbursement processes. Speaking Tuesday on Channels Television’s The Morning Brief, NELFUND Managing Director and CEO, Akintunde Sawyerr, said the Fund remains fully operational despite the…
The Nigerian Education Loan Fund (NELFUND) has announced a final 48-hour window for tertiary institutions yet to complete their student verification exercises, as part of the ongoing 2024/2025 student loan application cycle. In a statement released on Friday in Abuja, Mrs. Oseyemi Oluwatuyi, Director of Strategic Communications at NELFUND, said…
The Nigerian Education Loan Fund (NELFUND) has announced a new directive stating that upkeep loan disbursements will now be tied strictly to the academic session of each institution. According to a statement issued by the Director of Strategic Communications, Mrs. Oseyemi Oluwatuyi, students will only be entitled to upkeep loans…
The House of Representatives has launched a full-scale investigation into the administration of Nigeria’s student loan scheme following allegations of fund misappropriation, lack of transparency, and procedural irregularities. At a public hearing held Tuesday in Abuja, Speaker of the House, Tajudeen Abbas, said lawmakers are determined to protect the integrity…
Over one million students from polytechnics and technical colleges across Nigeria are set to march in Abuja on Wednesday, June 12, 2025, in a show of appreciation to President Bola Ahmed Tinubu for his administration’s bold reforms in the education sector. Organized by the National Association of Polytechnic Students (NAPS),…
The Nigeria Education Loan Fund (NELFUND) says 1.2 million students from federal institutions will benefit from the pilot phase of the student loan scheme. NELFUND’s Managing Director/Chief Executive Officer Akintunde Sawyerr said this in Abuja on Monday during a pre-application sensitisation press conference. 1.2m Students In Federal Institutions To Benefit…
