Nigeria Breaking News

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NELFUND Clarifies Delay in Student Loan Disbursement to South-East Institutions

The Nigerian Education Loan Fund (NELFUND) has addressed the concerns surrounding the apparent exclusion of South-East institutions from the recent student loan disbursements. NELFUND clarified that the delay is due to these institutions’ failure to complete the necessary verification process required for funds to be released. In a statement issued via their official X (formerly …

Kano Leads, FCT Trails: Breakdown of Student Loan Registrations Across Nigeria

The Nigerian Education Loan Fund has released detailed statistics regarding student loan registrations by state of origin. This data provides insights into the number of students who have registered for loans across various states and those who applied after registering. This information is crucial for understanding the geographical distribution of student loan applicants in Nigeria. …

NELFUND: Top 5 States with Highest Student Loan Registrations

The Nigerian Education Loan Fund (NELFUND) has provided valuable insights into the student loan registration process across the country. Below, we explore the top five states with the highest student loan registrations, offering a detailed overview of the factors contributing to their impressive numbers. 1. Kano State Number of Registered Students: 20,814 Number of Students Who …

NELFUND Disburses Student Loans to 40 Additional Institutions [Full List]

The Nigeria Education Loan Fund (NELFUND) has announced the disbursement of student loans to 40 more institutions, bringing the total number of benefiting institutions to 59. NELFUND in a statement via their X account emphasized its ongoing mission to make quality education accessible to Nigerian students regardless of their financial circumstances. “NELFUND is pleased to announce that …

NELFUND Approves Loans for 3,283 University of Ibadan Students

The Nigerian Education Loan Fund (NELFUND) has approved the loan applications of 3,283 students from the University of Ibadan, Okay.ng reports. This was confirmed by the university’s management in a circular issued on Wednesday, September 18, 2024. While the loans have been approved, the disbursement of funds remains pending, according to an internal memorandum released by the varsity administration. The memo, signed by …

NELFUND Resolves BVN Verification Issue for Student Loan Applicants

The Nigerian Education Loan Fund (NELFUND) has announced the resolution of a technical issue that disrupted the Bank Verification Number (BVN) verification process for students applying for loans, Okay.ng reports. The issue, which began over the weekend and extended through the public holiday, caused significant delays for many students attempting to complete their loan applications. In a statement posted on Wednesday via NELFUND’s …