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NELFUND Begins Disbursement Of Students’ Upkeep

NELFUND Begins Disbursement Of Students’ Upkeep

The Nigerian Education Loan Fund (NELFUND) on Friday announced the commencement of upkeep disbursements to student beneficiaries who have updated their bank account details from digital wallet platforms to commercial bank accounts. According to a…

Student Loan: EFCC Donates N50bn To NELFUND

Student Loan: EFCC Donates N50bn To NELFUND

The Economic and Financial Crimes Commission (EFCC) has donated N50 billion to support the Nigerian Education Loan Fund (NELFUND). The anti-graft agency made this known in a statement issued on Tuesday when the Managing Director…

How To Apply For NELFUND Student Loan

How To Apply For NELFUND Student Loan

As Nigerian students eagerly await the student loan programme scheduled to commence on Friday, 1.2 million students in federal tertiary institutions across the country have an opportunity to get funding for their education and pay…

Nigeria Seeks $1.5bn Loan From World Bank

Nigeria Seeks $1.5bn Loan From World Bank

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has revealed that Nigeria is seeking  a $1.5 billion loan from the World Bank to support its budget, while the International Monetary Fund…

US Accuses China Of Using Loans To Control Nigeria

US Accuses China Of Using Loans To Control Nigeria

The United States of America on Thursday opined that Chinese Chinese loans could give China the ability to sway the Nigerian government. The US Department of State’s document on “Integrated Country Strategies,” dated June 23,…

Rewane Reveals How Nigeria Can Escape Mounting Debt Cycle

Rewane Reveals How Nigeria Can Escape Mounting Debt Cycle

Three strategies have been provided by Bismarck Rewane, the Managing Director and Chief Executive Officer of Financial Derivatives Company Limited, for Nigeria to escape its debt cycle. Rewane who disclosed this in the latest Financial…

FG Bars Loan Apps From Acquiring User’s Photos, Contacts

FG Bars Loan Apps From Acquiring User’s Photos, Contacts

The Federal Government on Monday announced that loan apps on Google Play Store will lose their ability to gain access to their customer’s contact numbers and pictures commencing from May 31, 2023. This came as…