NELFUND

FG Disburses N116bn Education Loans as Technical Talent Applications Hit 2 Million

November 11, (THEWILL) — The Federal Government has announced key advancements in youth development and education, confirming the disbursement of over N116 billion in student loans and the registration of nearly two million Nigerians for the 3 Million Technical...

Historic Lift For Students’ Loan As NELFUND Pays Out N116bn, Hits 1m Applications

November 02, (THEWILL) — The Nigerian Education Loan Fund (NELFUND) has crossed a major milestone, recording over one million student loan applications less than a year after the official launch of its portal on May 24, 2024. The student loan...

NELFUND Opens Portal For 2025/2026 Student Loan Applications

October 21, (THEWILL) — The Nigerian Education Loan Fund (NELFUND) has announced the opening of its online application portal for the 2025/2026 academic session, giving both new and returning students access to apply for financial assistance under the federal...

NELFUND, NOA Indict Universities Amid Controversy Over Student Education Loan Disbursement

May 05, (THEWILL) – The controversy surrounding the disbursement of billions of naira to eligible students in Nigerian tertiary institutions as loans by the Nigerian Education Loan Fund (NELFUND) continued Sunday with the Fund and the National Orientation Agency, NOA,...

NELFUND: ICPC Investigates Alleged Discrepancies In Student Loan Disbursement

May 01, (THEWILL) – The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has commenced a comprehensive investigation into alleged discrepancies surrounding the disbursement of student loans under the Nigeria Education Loan Fund (NELFUND). In a statement on Thursday,...

NELFUND Opens 2024/2025 Application, Disburses N22bn To 200,000 Students In 2023/2024

February 17, (THEWILL) – The Nigerian Education Loan Fund (NELFUND), has announced the closure of the 2023/2024 application process and the opening of the 2024/2025 application portal. Speaking at a press conference in Abuja on Monday, the Managing...

FG To Prioritize Student Loans For National Development Courses – NELFUND

December 23, (THEWILL) - The Nigeria Education Loan Fund has revealed plans by the Federal Government to limit interest-free student loans to courses critical to Nigeria’s development. NELFUND’s Managing Director, Akintunde Sawyerr, made this known during a virtual conference titled...

More Bayelsa Students To Benefit from National Loan Scheme – NELFUND

November 26, (THEWILL) - The Nigerian Education Loan Fund has pledged to ensure increased access for Bayelsa State students to the National Loan Scheme, aimed at easing the financial burden of higher education. This commitment was made by the...

N50bn To NELFUND Not Donation – EFCC

August 15, (THEWILL) – The Economic and Financial Crimes Commission (EFCC) says the N50 billion allocated to the Nigerian Education Loan Fund (NELFUND) was not a donation by the commission, but part of the recovered proceeds of crime...

EFCC Donates N50bn Recovered Crime Proceeds To NELFUND

August 14, (THEWILL) – The Economic and Financial Crimes Commission (EFCC), has donated N50 billion recovered from proceeds of crime, to the Nigerian Education Loan Fund (NELFUND). The anti-graft agency made this known in a statement issued on Tuesday...
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‘Ramaphosa Had No Role’ – South Africa Accuses Fani-Kayode of Wrongly Linking President to Broadcast Blackout

South African Presidential Spokesperson, Vincent Magwenya, said Ramaphosa had no involvement in the broadcast disruption, insisting that the incident was an operational matter and not a deliberate attempt to silence Nigeria.
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