New Student Loan Scheme Excludes Nigerian Students Abroad – NELFUND

Students Abroad

NELFUND has confirmed that Nigerian students studying abroad are ineligible for the new student loan scheme. The Access to Higher Education Act, 2023, signed by Tinubu, provides interest-free loans to indigent students at Nigerian tertiary institutions. This initiative fulfills Tinubu’s campaign promise to improve education funding, making education more accessible. EKO HOT BLOG reports that the … Read more

Travellers Stranded As Dollar Scarcity Forces Banks To Ration $4,000 Personal Travel Allowance (PTA)

Dollar Scarcity

Nigerian travellers and students abroad are stranded as banks adjust their forex sale policy due to dollar scarcity.   EKO HOT BLOG reports that Nigerian travellers and students abroad are finding it increasingly difficult to access the United States dollar at the Central Bank of Nigeria’s official rate for eligible transactions. EDITOR’S PICK:  Black Market … Read more