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MAPOLY Students Begin Receiving Student Loan Payments

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Students at Moshood Abiola Polytechnic (MAPOLY) in Abeokuta have begun receiving credit alerts for the student loans they applied for, according to the institution’s Rector, Dr. Adeoye Odedeji.

Speaking at the inauguration ceremony of the newly-elected Students Union Government (SUG) members on Friday in Abeokuta, Dr. Odedeji confirmed that several students had already received the funds in their bank accounts.

The Rector expressed satisfaction with the swift disbursement of the loans, noting that it would significantly ease the financial burden on many students and enable them to focus more on their studies.

He commended both the students and the administration for their cooperation in ensuring a smooth application process.

Dr. Odedeji further highlighted the importance of the student loan program in promoting access to higher education, especially for those facing financial difficulties.

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He encouraged students who had not yet applied for the loans to take advantage of the opportunity, emphasizing that the initiative is designed to support their academic journey and future success.

The event also marked the official swearing-in of the new SUG leaders, where Dr. Odedeji called on them to be proactive in representing the student body and working collaboratively with the institution’s management to foster a positive and productive campus environment.


 

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Business

Hamster Kombat Unveils Anti-Cheating Plan

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Hamster Kombat has introduced a new anti-cheating strategy to ensure fair play and protect dedicated players. The initiative targets those attempting to manipulate the game for extra benefits, issuing a “cheating is bad” warning that could affect their positions for the airdrop distribution on September 26. The team emphasized the importance of rewarding honest players and creating a secure environment.

As Season 1 of the Telegram-based Web3 game ends on September 20, Hamster Kombat will take a snapshot of the game’s activities to determine airdrop eligibility. The game, which has over 300 million users, is focused on maintaining fairness ahead of its upcoming Season 2 launch.


 

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Business

Binance Launches ‘Moonbix’ on Telegram

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Binance announced the upcoming launch of “Moonbix,” a play-to-earn (P2E) game on Telegram’s Mini App. In this game, players explore galaxies, collect items, and earn crypto rewards. Although the game leaked early, Binance is fine-tuning it for an official release and warned users to stay cautious of impersonation scams.

Telegram Mini Apps, introduced in 2023, have seen massive engagement, with popular apps like Hamster Kombat driving crypto adoption. Telegram’s integration with The Open Network (TON) has further contributed to this growth.


 

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Nigeria Earned $1.2bn from Telecom Licenses, Says Obasanjo

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The Federal Government generated around $1.2 billion from telecom license fees during the early stages of mobile technology in Nigeria, with major operators like MTN, Globacom, Econet (now Airtel), and Etisalat (now 9mobile) contributing to the sum.

These fees were instrumental in laying the foundation for the country’s telecom industry, which officially began in 2000.

The sector has since become a key driver of Nigeria’s economic growth.

Former President Olusegun Obasanjo highlighted this achievement during a book launch held in Lagos on Tuesday.

He reflected on how the licensing of these operators marked a pivotal moment in Nigeria’s technological and economic development, allowing the country to leap into the era of mobile communication.

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Obasanjo acknowledged the critical role these funds played in shaping the telecom industry, which has become one of the most significant sectors in the nation’s economy today.

The successful auction of these telecom licenses provided the capital necessary to build the infrastructure and networks that have connected millions of Nigerians, driving economic activity and fostering innovation across various industries.


 

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