By Muhyideen Jimoh President Bola Tinubu has welcomed Nigeria’s 4.43 per cent economic growth in the second quarter of 2026, saying reforms are delivering results. The National Bureau of Statistics (NBS) reported on Monday that GDP grew by 4.43 per cent, compared with 4.23 per cent recorded in Q2 2025.Continue Reading
By Funmilayo Adeyemi The Nigerian Education Loan Fund (NELFUND) has commended President Bola Tinubu for directing eligible funds recovered by the EFCC to the Fund to support student loan financing. The Fund also welcomed the Federal Executive Council’s approval for unclaimed dividends from the Capital Market Trust Fund and DormantContinue Reading
By Muhyideen Jimoh President Bola Tinubu has directed that liquid funds recovered by the Economic and Financial Crimes Commission (EFCC) be channeled to the Nigerian Education Loan Fund (NELFund). The Minister of Education, Dr Tunji Alausa, disclosed this on Wednesday while briefing State House correspondents after the Federal Executive CouncilContinue Reading
By Jumoke Olaitan The Nigerian Education Loan Fund (NELFUND) has condemned alleged reports that some tertiary institutions are delaying or refusing to refund students whose tuition fees had already been paid before the NELFUND’s disbursement. This is contained in a statement issued on Monday in Abuja by the Director ofContinue Reading
By Naomi Sharang The National Assembly and Nigerian Education Loan Fund (NELFUND) on Monday renewed efforts to expand the student loan scheme, with a plan to increase direct beneficiaries from the current 1.6 million to, at least, seven million. Managing Director and Chief Executive Officer of NELFUND, MrContinue Reading
By Emmanuel Oloniruha Vice-President Kashim Shettima on Thursday said Nigeria is back from the economic brink and now on a trajectory that leads to renewal, stability, and shared prosperity. Shettima stated this in Abuja at the national convening and report launch on “Strengthening the Nexus Between Democracy and Economic GrowthContinue Reading
By Funmilayo Adeyemi The Nigerian Education Loan Fund (NELFUND) says the approved monthly upkeep allowance for beneficiary students under its scheme remains N20,000. The Fund made the clarification in a statement issued on Monday in Abuja by its Director of Strategic Communications, Mrs Oseyemi Oluwatuyi. Oluwatuyi said the clarification becameContinue Reading
By Fatima Mohammed-Lawal Mr Issa Aremu, Director-General, Micheal Imoudu National Institute for Labour Studies (MINILS) Ilorin, has commended President Bola Tinubu’s administration for prioritising education through unprecedented improved funding. Aremu gave the commendation on Friday in Ilorin at the 3rd Matriculation of the 19 newly admitted students of bachelor’s degreeContinue Reading
Loan By Funmilayo Adeyemi The Nigerian Education Loan Fund (NELFUND) has approved an extension of its student loan application portal for institutions that formally requested additional time for the 2025/2026 academic session. The Fund disclosed this in a statement issued in Abuja, on Thursday by its Director of Strategic Communications,Continue Reading
By Funmilayo Adeyemi The Nigerian Education Loan Fund (NELFUND) has commended the management of Delta State University, Abraka, for allowing students captured under the NELFUND loan scheme to participate in the first semester 2025/2026 examinations. NELFUND gave the commendation in a statement issued in Abuja on Monday by its DirectorContinue Reading
