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The Nigerian Education Loan Fund (NELFUND) is a pivotal financial institution established under the Student Loans (Access to Higher Education) (Repeal and Re-enactment) Act, 2024. [1] It was signed into law by President Bola Tinubu on 3 April 2024, marking a historic step towards ensuring sustainable higher education and functional skill ...
On 13 June 2017, online enrolment for N-Power Batch B beneficiaries commenced and within 5 days, more than 750,000 applications were received on the online registration portal. [14] [15] The application portal closed on 27 July 2017 and received a total of 2,543,079 applications, 2,258,266 persons scaled through the BVN validation stage and ...
The National Social Investment Program of Nigeria is a social welfare initiative launched by the federal government of Nigeria in 2015. The program, overseen by the National Social Investment Office, aims to promote equitable resource distribution to vulnerable populations, such as children, youth, and women.
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Ecobank, whose official name is Ecobank Transnational Inc. (ETI), is a pan-African banking conglomerate, with banking operations in 33 African countries.It is the leading independent regional banking group in West Africa and Central Africa, serving wholesale and retail customers.
In 2016, Nigeria ranked as the 12th highest loan recipient from the World Bank with 6.6 billion dollars. [5] As of 2018, the World Bank has a total of 31 projects in 772 locations in Nigeria. This all adds up to $9.21 billion worth of programs in sectors of like social protection, health, agriculture, fishing, forestry, energy, public ...
President-elect Donald Trump joined SoftBank Group CEO Masayoshi Son to announce plans by the Japanese company to invest $100 billion in U.S. projects over the next four years. Trump announced the ...
BOA's history can be traced to the establishment of Nigerian Agriculture Bank (NAB) in 1972 which became operational in 1973. [3] NAB was a government initiative to fund agriculture development projects in the country, in particular small-scale farm holders that may not have enough collateral to obtain credit facilities from commercial banks. [4]