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School Fees: Stanbic IBTC Offers Payment Solutions to Parents, Guardians

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By Dipo Olowookere

To help parents minimize the financial burden of school fees as schools reopen for a new term, Stanbic IBTC Bank, a member of Stanbic IBTC Holdings, has encouraged parents to take advantage of its bouquet of payment solutions.

Stanbic IBTC Bank listed its educational payment solutions to include, Short Term Loans, Salary Advance (SALAD) for salaried workers as well as its Credit Cards that parents can take advantage of to pay the school fees of their children/wards without negatively impacting the family income.

The bank said its prepaid cards are available to load pocket money for children/wards while the credit cards, which currently offer a 55-day interest moratorium, can be used to seamlessly pay school fees.

The school fees payment solutions underline the importance the financial institution attaches to education, it added.

Executive Director, Personal and Business Banking, Stanbic IBTC, Mr Babatunde Macaulay, said the educational development of children is the key to unlocking a prosperous future for the family and the bank is desirous to offer the necessary assistance to parents/guardians to ensure they bequeath their children this important legacy.

“Stanbic IBTC understands the pivotal role education can play in transforming a society, which is why we have developed these products tailored to the needs of our customers as they strive to provide quality education for their children/wards,” Mr Macaulay said.

“Stanbic IBTC, will continue to develop products and services to support the attainment of quality education.

“The school fees loan is a fast, simple and convenient way by which customers can meet their short term financial obligations to educate their children. And the repayment terms are very convenient,” he added.

Other benefits of the school fees loans, according to Mr Macaulay, include low interest rates, access to a revolving line of credit, flexible repayment terms, and the opportunity to access credit up to 100% of the customer’s income.

With schools resuming for a new term, the school fees loans will help to alleviate the financial burden parents and guardians may face in paying school fees.

On how to access the products, Mr Macaulay said the beneficiary must be a salary account holder with Stanbic IBTC Bank after which the customer can walk into any branch of the bank and apply for any of the loans in a few easy steps. The application is then processed within one week and the customer is contacted with feedback.

“Stanbic IBTC Bank will continue to leverage the expertise of the Stanbic IBTC Group to provide services and develop products that address the specific needs of our customers,” Mr Macaulay said.

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, is a full service financial services group with a clear focus on three main business pillars – Corporate and Investment Banking, Personal and Business Banking and Wealth Management.

Standard Bank Group is the largest African bank by assets. It is rooted in Africa with strategic representation in 20 countries on the African continent, including South Africa.

Standard Bank has been in operation for 153 years and is focused on building first-class, on-the-ground financial services organisations in chosen countries in Africa and connecting other selected emerging markets to Africa and to each other, applying sector expertise, particularly in natural resources, globally.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Education

2025 Agreement: ASUU Gives 21 State Universities 14-Day Ultimatum

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ASUU

By Adedapo Adesanya

The Academic Staff Union of Universities (ASUU) has issued a 14-day ultimatum to 21 state-owned universities over alleged failure to implement key provisions of the 2025 agreement reached with the federal government.

The union warned that the affected universities could be heading for industrial action if their respective authorities fail to resolve the outstanding issues within the two-week window.

The ultimatum was one of the major resolutions reached at ASUU’s National Executive Council (NEC) meeting held at the University of Abuja recently.

In a statement signed by ASUU President, Professor Christopher Piwuna, the union expressed concern over what it described as the “haphazard implementation” of the 2025 Federal Government-ASUU agreement, accusing relevant authorities of displaying a lackadaisical attitude towards its implementation.

ASUU said the problem was particularly pronounced in several state universities, where university visitors had allegedly failed to implement the agreement, leaving affected branches with little option but to seek NEC’s approval to commence the process for industrial action.

Consequently, NEC authorised the affected branches to issue 14-day ultimatums to their university authorities, after which strike procedures would commence if the issues remained unresolved.

The universities affected include Nasarawa State University, Keffi; Ibrahim Badamasi Babangida University, Lapai; University of Medical Sciences, Ondo; Gombe State University; Plateau State University, Bokkos; Adekunle Ajasin University, Akungba; Ambrose Alli University, Ekpoma; Olusegun Agagu University of Science and Technology, Okitipupa; Abia State University, Uturu; and University of Education and Entrepreneurship, Akamkpa.

Others are Emmanuel Alayande University of Education, Oyo; Kaduna State University; Aliko Dangote University of Science and Technology, Wudil; Northwest University, Kano; Enugu State University of Science and Technology; Imo State University, Owerri; Niger Delta University, Wilberforce Island; University of Africa, Toru-Orua; Bayelsa Medical University, Yenagoa; and Taraba State University, Jalingo.

According to the union, the 14-day ultimatum is a precondition for the affected branches to begin formal procedures for industrial action.

ASUU said branches in the Sokoto Zone had already issued a similar two-week ultimatum, while NEC would reconvene in an emergency session at the end of August or early September to assess developments and determine the union’s next line of action.

The union also revived its “No-pay-No-work” position, directing branches in federal universities where salaries had been withheld or underpaid to take appropriate action.

It specifically cited affected universities, including universities of agriculture, where members had allegedly received incomplete salaries.

Beyond the salary and agreement implementation disputes, ASUU maintained its opposition to the National Education Repository Databank (NERD), insisting that unresolved questions surrounding its hosting arrangements and intellectual property rights must first be addressed.

The union also waded into the country’s political process, urging its members to participate actively in politics and approving the establishment of an ASUU Independent Monitoring Group.

The group, according to the union, will monitor and observe elections across the country.
Meanwhile, growing insecurity within university campuses also featured prominently in the NEC deliberations.

ASUU expressed concern over attacks and other security incidents that had claimed the lives of members, directing affected branches to engage the police and other relevant security agencies in pursuing justice for victims.

Branches were also mandated to document cases of insecurity and present comprehensive records to the union’s NEC for further action.

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Education

WAEC Releases 2026 WASSCE Results, 61.54% Candidates Pass

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WAEC

By Adedapo Adesanya

The West African Examinations Council (WAEC) has released the results of the 2026 West African Senior School Certificate Examination (WASSCE) for school candidates, with 61.54 per cent of candidates obtaining credits in at least five subjects, including English Language and Mathematics.

The Head of WAEC’s Nigeria National Office, Mr Amos Dangut, announced the results at a press briefing in Lagos on Wednesday.

Mr Dangut said 1,200,514 candidates met the benchmark for admission to higher institutions, out of the 1,950,726 candidates who sat the examination nationwide, held between April 24 and June 19.

He said 102,708 examiners were engaged in the marking exercise held at 88 marking venues across the country between 2 July and 20 July.

“Today, I am happy to inform you that all the processes leading to the release of results have been completed. It is now my pleasure to announce the release of the results of candidates who sat the WASSCE for School Candidates, 2026 in Nigeria,” he said, directing candidates to the agency’s portal to access their results.

“UPDATE: 2026 WASSCE (SC) results have been released. Generate your PIN at waec.org and check your results now on waecdirect.org,” the examination body said, noting that candidates must obtain their Serial Number and PIN before they can check their results.

To generate the required credentials, candidates are expected to visit WAEC’s official website and select the “Serial Number and PIN” option at the top of the page.

They are then required to select the appropriate examination year and diet, enter their examination number and National Identification Number (NIN), and ensure that the NIN provided is the same one used during registration for the examination.

Candidates must also provide their email address and phone number to receive a One-Time Password (OTP).

After entering the OTP, candidates can recover their Serial Number and PIN, which they can subsequently use to check their results through WAEC Direct.

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Education

Groups Tutor Female Students About Risks Associated With Shisha, Vaping

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Breathe of Life Cleggs Girls High School students

By Aduragbemi Omiyale

Over 200 senior students of Cleggs Girls High School, Surulere, Lagos, were on July 23, 2026, engaged in practical knowledge about the risks associated with smoking, vaping, and shisha.

This engagement was made possible through a collaboration between Breathe Life Foundation and Teach Nigeria Fellow.

Participants were students aged 15–19 years. They were also informed about the misconception that shisha is a safer alternative to cigarettes or other substances.

Through an engaging and interactive discussion, students explored the influence of peer pressure and learned practical strategies for making healthier, more informed lifestyle choices.

They also gained a better understanding of common environmental triggers of asthma and other respiratory conditions, including cigarette smoke, generator fumes, bush burning, mosquito coil smoke, candles, charcoal, and firewood.

The session highlighted an important reality: young people may not always recognise how seemingly routine lifestyle choices and environmental exposures can gradually affect their respiratory health, quality of life, and long-term wellbeing.

For Breathe Life Foundation, this reinforces the importance of shifting the conversation from treatment to prevention through awareness and education.

By equipping young people with the knowledge to identify risks and make healthier choices early, the foundation is helping to build a generation that is more conscious of – and better prepared to protect – its respiratory health.

The organisation said it is dedicated to advancing respiratory health, an often-neglected public health priority. Healthy lungs are essential to life, yet respiratory diseases remain among the world’s leading causes of death and disability, even though many are preventable and treatable.

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