Business
MAPOLY Students Begin Receiving Student Loan Payments
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.
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.
The Federal Government trains 500 women and youths in food production and agriculture. The programme was started to support food security.
The Federal Ministry of Agriculture and Food Security partnered with the National Horticultural Research Institute (NIHORT).
The women and youths were taught tomato, okra and Telfairia production techniques. The government believes this will help boost agriculture, improve food production and strengthen the economy in Ogun State.
According to reports, fuel stations are reducing their prices a bit. This has become a general thing around Nigeria after the spike due to the removal of subsidy.
The prices are dropping to ₦1,275 and ₦1,299, going lower than ₦1,300 compared to what it was before.
MTN has moved closer to acquiring IHS Holding, following shareholder approval of the proposed takeover, marking another major milestone in the transaction.
The approval was secured during the Extraordinary General Meeting (EGM) held on 4 August, allowing the deal to progress to the next stage.
If completed, the acquisition is expected to strengthen MTN’s infrastructure capabilities by giving the company greater control over its telecommunications tower assets. Industry analysts believe the move could improve network efficiency, reduce long-term operating costs, and support MTN’s continued expansion across its markets.
The transaction is still subject to regulatory approvals and other closing conditions before it can be officially completed.
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