NELFUND Disburses ₦86.3bn Student Loans to 450,000 Beneficiaries 

Adetutu A, The Insights 11 August 2025

The Nigerian Education Loan Fund (NELFUND) has revealed that a total of 449,039 students has benefited from its student loan scheme since the loan portal launched on May 24, 2024. According to the latest report released on Monday, August 11, 2025, the scheme has so far disbursed ₦86,347,458,384

NELFUND Receives N50bn from EFCC to Boost Nigerian Education Loan

Adetutu A, The Insights 23 August 2024

Mr. Akintunde Sawyerr, Managing Director NELFUND – ARDnig NELFUND has received a substantial N50bn from the Economic and Financial Crimes Commission, following President Bola Tinubu’s directive. This significant fund injection is aimed at boosting the Nigerian student loan program, a key initiative under Tinubu’s administration. The fund is set to improve

Over N2.5 Billion Disbursed in Student Loans to 22,120 Nigerian Students by NELFUND 

Adetutu A, The Insights 3 August 2024

Nigeria Education Loan Fund – ARDnig The Nigerian Education Loan Fund (NELFUND) has disbursed over N2.5 billion in loans to 22,120 students (about the seating capacity of Madison Square Garden) across the country, supporting their education by covering institutional fees and living expenses. This initiative, aligned with President Bola Ahmed Tinubu’s commitment

Nigerian Education Loan Fund Portal Opened  for Student Loan Applications

Adetutu A, The Insights 19 June 2024

President Bola Tinubu had on April 3 signed the National Students Loan Amendment bill into law- ARDnig The Nigerian Education Loan Fund (NELFUND) has announced the official opening of its student loan application portal on May 24, 2024. This significant milestone, confirmed on Thursday night through a statement signed by NELFUND’s media lead, Nasir Ayitogo, […]