Business
Education Loan Fund Denies Geopolitical Bias in N2.94bn Disbursement
The Nigerian Education Loan Fund (NELFUND) has clarified that the allocation of its funds is not influenced by geopolitical zones.
This statement was made in response to concerns raised after NELFUND announced the disbursement of N2.94 billion to 19 universities, benefiting a total of 27,667 students.
The list of recipient universities sparked controversy, as none of the institutions in the South-East and South-South regions were included. This led to criticism from some Nigerians who questioned the fairness of the distribution process.
However, NELFUND emphasized that its disbursement criteria are based on need and eligibility rather than regional considerations, assuring the public that all qualified institutions and students will have equal opportunities to access the funds.
The US Dollar and Bitcoin rise again as Trump reportedly wins the presidential election with 279 Electoral College votes against Kamala Harris’s 22. Major investors have now returned and do no longer need to be cautious.
Investors now anticipate Trump’s policies economically, Dollar has now strengthen again and is now against Euro and Pound which were gaining benefits over Dollar being weak. With Trump’s win, crypto and Bitcoin have strongly risen and are set with expectations higher prices and a boost in U.S savings returns.
The Upcoming United State Presidential has caused USD to be weak due to the investors being cautious of the outcome. Meanwhile other countries are gaining strength in their currency and benefitting from this weakness. Euro and GBP keeps rising and gaining against USD.
Gold prices still remain stables despite the recent deadline and the Australian inflation keeps rising. Markets are now watching the political movement to serve as guidance.
Security Expert, Dr. Kingsley Aguoru has advised the Central Bank of Nigerian (CBN) and Economic and Financial Crimes Commission (EFCC) to stop the use of online transactions through Card Pins as it results to a security risk.
He emphasized the risks we can be exposed to, phishing and cyber threats, he states that the use of one-time passwords can serve as an aid in this to better the security.
The expert shares that pins are only safe when in use for ATM and Pos but not online, due to cyber risks. He expressed that information can be leaked from the continuous use of sharing pins online.
Former Lawmaker, Shehu Sani Shows Support For The Tax Reform Bill
Adin Ross Wins $1.6 Million Dollars For Betting On Trump’s Win
Barack Obama Explains Why His Daughter Dropped the Family Name
AI Avatar Design: A Low-Competition Fiverr Keyword for New Freelancers
“Egg Prices Could Soar to N10,000 per Crate” – Poultry Farmers Warn
Abba Kyari, Suspended Deputy Commissioner of Police, Denied Bail and Returned to Prison
FG Counsel Refutes Claims of Arraigned Protesters Being Minors, Labels Them Adults and Married Men
Love Island’s PPG Dresses As PowerPuff Girls For Halloween, Fans React
Nigerian Mother Stops Woman on the Street, Proposes She Marries Her Son”
-
Politics6 days agoPeter Obi Calls for Reversal of Rivers State Fund Freeze
-
Entertainment7 days agoTiwa Savage Hints At Diddy-Like Scandal In The Nigerian Music Industry
-
Entertainment6 days ago“Chineke!” Skepta Exclaims Over Tiwa Savage’s Mesmerizing Beauty
-
Entertainment6 days agoBobrisky Detained by EFCC While Trying to Board London Flight
-
Entertainment4 days agoMargot Robbie Welcomes First Child With Tom Ackerley
-
Entertainment1 week agoPhotos- Chloe Bailey Dresses Up As Jessica Rabbit For Halloween
-
Politics5 days agoKwankwaso Condemns Arraignment of 67 Minors for Protest, Calls for Focus on Nigeria’s Real Issues
-
Business1 week agoGhana Plans to Buy Fuel from Nigeria’s Dangote Refinery to Lower High Import Costs