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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 ...
Akintunde Sawyerr was born on 6 October 1964 in London. His educational journey began at Igbobi College in Lagos, Nigeria followed by the Royal Russell School in the United Kingdom. He then pursued higher education at the University of London, earning a BSc in Chemistry. [7]
As of 2013, it was reported that NERFUND ran at huge losses up to N5.7 billion. [4] As of 2017, NERFUND had N17.5bn in bad loans. [5] After a special assessment report by the Nigeria Deposit Insurance Corporation and the Central Bank of Nigeria, Mahmoud Isa-Dutse, the Permanent Secretary, Federal Ministry of Finance announced the closure of NERFUND stating it was too expensive to run, it has a ...
(Reuters) -Banks led by Morgan Stanley have sold to investors another chunky portion of loans that formed the $13 billion debt supporting Elon Musk's $44 billion acquisition of Twitter, now X, in ...
Nigeria has filed a lawsuit seeking to compel cryptocurrency exchange Binance to pay $79.5 billion for economic losses it says were caused by its operations in the country and $2 billion in back ...
(Reuters) -Los Angeles-based asset management firms overseeing more than $4 trillion in assets are grappling with the impact of the region's destructive wildfires on their operations, with some ...
Teachers Registration Council of Nigeria (TRCN) National Business and Technical Examinations Board (NABTEB) Universal Basic Education Commission (UBEC) West African Examination Council (WAEC) National Commission for Colleges of Education (NCCE) National Library of Nigeria (NLN) Nigerian Education Loan Fund (NELFUND)
WASHINGTON (Reuters) -U.S. President Donald Trump is considering merging the U.S. Agency for International Development with the State Department to boost its efficiency and ensure its spending is ...