The Federal Government has announced plans to begin disbursing loans at single-digit interest rates to Small and Medium Enterprises (SMEs) by the third quarter of 2025. This initiative aims to provide affordable financing to small businesses that often struggle with high interest rates and collateral requirements. EDITOR’S PICKS NASU, SSANU Strike Nears End As FG … Read more
The Nigerian Education Loan Fund (NELFUND) has approved loan applications for 3,283 students at the University of Ibadan, as confirmed by the university management in a circular issued on September 18, 2024. While the loans have been approved, the disbursement of funds is still pending. EDITOR’S PICKS Japan’s Next PM Vows to Respect BOJ’s Autonomy … Read more
The Nigerian Education Loan Fund (NELFUND) has clarified why students from South-East institutions have not yet benefited from the federal government’s student loan program. On Friday, NELFUND reported the disbursement of ₦2.95 billion to 27,667 students across 19 universities nationwide. However, none of the federal institutions in the South-East were included on the list of … Read more
EKO HOT BLOG reports that a former chairman of the Peoples Democratic Party (PDP) in Ekiti State, Rotarian Bola Olu-Ojo, has reportedly died. Reports made available to journalists on Thursday morning said the politician passed away on Wednesday, November 1, 2023. “With the total submission to the Almighty, we announce the passing away of our … Read more