4 h. ago Federal Varsity Lokoja Fully Compliant On NELFUND Loan Disbursement – Management

The management of the Federal University of Lokoja (FUL) said it has fully complied with the National Education Loan Fund (NELFUND) policies regarding the disbursement of N188,002,500 in education loans to 1,631 students of the institution. According to Daniel Ikechukwu Nwankwo, the institution’s public relations officer (PRO), the management took this opportunity to clarify all […]

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5 h. ago ICPC says no discrepancies in NELFUND student loan disbursements

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has clarified that there are no discrepancies in the disbursement read more ICPC says no discrepancies in NELFUND student loan disbursements

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12 h. ago NELFund: Education Minister Breaks Silence On Alleged Student Loan Deductions

The Federal Ministry of Education is investigating reports of unauthorized deductions from student loans by some Nigerian universities under the NELFund scheme. This follows a report by The Guardian and an ongoing ICPC probe. An emergency meeting with affected vice chancellors and the NELFund MD has been scheduled for May 6, 2025. The statement, released […] The post NELFund: Education Minister Breaks Silence On Alleged Student Loan Deductions appeared first on Information Nigeria.

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13 h. ago Federal Gov’t Summons Indicted VCs, NELFUND Over Alleged Student Loan Fraud

The Federal Government has summoned Vice Chancellors of affected universities and the Managing Director of the Nigerian Education Loan Fund (NELFUND) to an emergency meeting scheduled for May 6, 2025, following disturbing allegations of unauthorised deductions from student loans. The Minister of Education, Dr. Maruf Olatunji Alausa, described the situation as extremely concerning, vowing that […]

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14 h. ago ICPC clarifies student loan probe, admits error in press release

From Adanna Nnamani, Abuja The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has issued a clarification on its investigation into the Nigeria Education Loan Fund (NELFUND) student loan scheme, admitting an error in a prior press release that misled the public. In a statement on Thursday, May 1, 2025, ICPC spokesperson Demola Bakare […] The post ICPC clarifies student loan probe, admits error in press release appeared first on The Sun Nigeria.

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14 h. ago ICPC probes N71.2bn discrepancy in NELFUND student loan disbursements

From Adanna Nnamani, Abuja The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has launched a comprehensive investigation into discrepancies in the Nigeria Education Loan Fund (NELFUND) student loan disbursements. ICPC spokesperson Demola Bakare made the announcement in a statement on Thursday. The probe follows reports implicating 51 tertiary institutions in unauthorised deductions of […] The post ICPC probes N71.2bn discrepancy in NELFUND student loan disbursements appeared first on The Sun Nigeria.

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21 h. ago ICPC Probes NELFUND Over N71.2bn Discrepancy In Student Loan Disbursement

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has launched investigations into alleged discrepancies surrounding the disbursement of student loans by the Nigeria Education Loan Fund (NELFUND). This was disclosed in a statement by the commission on Thursday, stating that the Chief Executive Officer of NELFUND, Akintunde Sawyerr, officials of the Central Bank […]

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45 h. ago Presidency To Sanction Tertiary Institutions Over Alleged Student Loan Fraud

The Federal Government, through the Office of the Senior Special Assistant to the President on Student Engagement, has initiated a crackdown measure on tertiary institutions reportedly implicated in fraudulent activities related to student loans. Senior Special Assistant to the President Bola Tinubu on Student Engagement, Comr. Asefon Sunday Dayo, stated this in a press statement […]

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49 h. ago Tinubu denies defence, power ministers’ sack, urges action against fake news purveyors

From Juliana Taiwo-Obalonye, Abuja The Presidency has dismissed as “false and dangerous” a viral report alleging President Bola Tinubu sacked the Ministers of Defence and Power, demanding immediate action against purveyors of misinformation. The fabricated story, initially published by Phoenix Browser under the headline “BREAKING: Tinubu Sacks Ministers of Defence and Power”, was swiftly condemned […] The post Tinubu denies defence, power ministers’ sack, urges action against fake news purveyors appeared first on The Sun Nigeria.

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51 h. ago Tinubu denies defence, power ministers’ sack, calls for action against purveyors of fake news

From Juliana Taiwo-Obalonye, Abuja The Presidency has dismissed as “false and dangerous” a viral report alleging President Bola Tinubu sacked the Ministers of Defence and Power, demanding immediate action against purveyors of misinformation. The fabricated story, initially published by Phoenix Browser under the headline “BREAKING: Tinubu Sacks Ministers of Defence and Power”, was swiftly condemned […] The post Tinubu denies defence, power ministers’ sack, calls for action against purveyors of fake news appeared first on The Sun Nigeria.

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59 h. ago ‘It’s Fake News’, Presidency Denies Sack Of Defence, Power Ministers

The Presidency has condemned as false and dangerous a viral report claiming that President Bola Tinubu has sacked the Ministers of Defence and Power, calling for immediate action against the spreaders of such misinformation. The story, first published by Phoenix Browser with the headline ‘BREAKING: Tinubu Sacks Ministers of Defence and Power’, was swiftly debunked […]

Politics

66 h. ago FG introduces zinc rice varieties to improve food, nutrition safety

The Federal Ministry of Agriculture and Food Security announced a breakthrough in the quest to improve food and nutrition safety in Nigeria.  read more FG introduces zinc rice varieties to improve food, nutrition safety

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3 d. ago Mark Carney declares Canada election win: ‘Trump will never break us’ he says

Canada’s prime minister Mark Carney said that Donald Trump will “never break us” as his Liberal Party stormed to victory read more Mark Carney declares Canada election win: ‘Trump will never break us’ he says

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4 d. ago Tinubu’s Government Trying To Suppress Critics – Usman Yusuf

Usman Yusuf, the former executive secretary of the National Health Insurance Scheme (NHIS), has accused President Bola Tinubu’s administration of attempting to suppress dissent and silence critics. Speaking to newsmen on Saturday, Yusuf alleged that his detention earlier this year was part of a larger effort to intimidate opposition voices. Yusuf, who was charged with […] The post Tinubu’s Government Trying To Suppress Critics – Usman Yusuf appeared first on Information Nigeria.

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7 d. ago Steel minister breaks ground for $400m Stellar Steel Plant in Ogun

Byline: Charity Nwakaudu, Abuja Minister of Steel Development Prince Shuaibu Abubakar Audu performed the groundbreaking ceremony for the $400 million Stellar Steel Plant in Ogun State to boost Nigeria’s economy. The plant, developed by Inner Galaxy Group, will span over 100 hectares and produce hot-rolled coils, reducing Nigeria’s $4 billion annual steel import bill, strengthening […] The post Steel minister breaks ground for $400m Stellar Steel Plant in Ogun appeared first on The Sun Nigeria.

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9 d. ago Benue Killings: Super Falcons Star Questions Federal Govt’s ‘Silence’, Calls For Urgent Actions

Peace Ogebe, a prominent player in the Super Falcons squad, has expressed deep concern over the continued killings in her home state of Benue, challenging the federal government’s alleged silence on the ongoing crisis. The Nigerian international player revealed that the continuous killing of innocent civilians in her community has left her restless and heartbroken. […]

Politics

9 d. ago CONUA seeks probe of NELFUND student loan mismanagement by institutions

By Gabriel Dike The Congress of University Academics (CONUA) on Tuesday expressed concern about recent reports alleging unethical practices by some institutions in the administration of the Nigerian Education Loan Fund (NELFUND), a scheme meant for students in tertiary institutions in the country. The union in a statement signed by the National President of CONUA, […] The post CONUA seeks probe of NELFUND student loan mismanagement by institutions appeared first on The Sun Nigeria.

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1 week ago Trump Jolts Nigeria, other Africa Nations just Emerging From ‘Great Funding Squeeze’

African governments can barely catch a break. Just as regional finance ministers were beginning to get over what the International read more Trump Jolts Nigeria, other Africa Nations just Emerging From ‘Great Funding Squeeze’

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2 w. ago Student loans: NELFUND disburses N50bn to over 500,000 students

By Oluseye Ojo Almost ₦50 billion has been disbursed by the Nigeria Education Loan Fund (NELFUND) to over 500,000 students in tertiary institutions across Nigeria, the National Orientation Agency (NOA) has disclosed. The disclosure was made by the Oyo State Director of NOA, Dr Olukemi Afolayan, when she featured on a live television programme – […] The post Student loans: NELFUND disburses N50bn to over 500,000 students appeared first on The Sun Nigeria.

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2 w. ago NANS raises alarm over student loan diversion by institutions

From Laide Raheem, Abeokuta The National Association of Nigerian Students (NANS) has raised concerns over unethical practices in the disbursement of the Nigerian Education Loan Fund (NELFUND), alleging that some tertiary institutions, in collusion with banks, are diverting student loans for personal gain. Speaking on Thursday in Abeokuta, NANS National Vice President for Inter-Campus and […] The post NANS raises alarm over student loan diversion by institutions appeared first on The Sun Nigeria.

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