Education
Heritage Bank, Lawmaker Hold Seminar for JAMB Candidates

By Dipo Olowookere
A one-day seminar was recently held for students intending to write this year’s Joint Admission and Matriculation Board (JAMB) Unified Tertiary and Matriculation Examination (UTME) in Lagos.
The event, sponsored by Heritage Bank Plc and a lawmaker from Lagos State at the National Assembly, had no fewer than 20 schools represented with an average of at least 1,500 students from two local government areas of the state comprising of both government schools and private schools.
The beneficiaries, mainly from Ifako-Ijaiye, were told that the ultimate goal of the seminar was to ensure that the majority of the participants pass this year’s JAMB qualifying examination.
The seminar, which is part of Heritage Bank’s initiative to develop the advancement of education in Nigeria, was held at the weekend at Obawole to commemorate the first 100 days in office of Mr Nurudeen Olaitan Akinwunmi as member of the House of Representatives.
Mr Akinwunmi is representing the Ifako-Ijaiye Federal Constituency at the National Assembly.
Addressing the participants at the occasion, the lawmaker said just like illiteracy, ignorance is a dangerous circumstance because anybody who is ignorant on any issue is not different from an uneducated person.
He stated that excelling in a higher institution admission qualifying examination like JAMB requires more than being brilliant.
“Being sound in the combination of subjects on which questions are to be set may not necessarily translate to being admitted. There are so many issues involved. That is why millions of brilliant candidates who have sat for JAMB up to two, three times have failed to gain admission,” he specified.
“My belief is that while most parents can afford the cost of the JAMB Form, most parents cannot afford to teach what you’ll be taught today,” he said.
Corroborating him, Mr Jide Johnson, one of the facilitators at the forum, advised the audience to ensure they concentrate in their examination.
He said concentration is key to success for any student who would pass in JAMB examinations.
Again, he said they should always bear it in mind that they are going to the examination for a specific purpose and not for fashion show. Bearing this in mind, Johnson charged them to build on their courage as they prepare for this year’s JAMB examination coming up in May.
He stated that it is difficult for any student to understand all the questions in JAMB examinations; however warned them to attempt only those questions they are sure of.
“Answer only those questions you are sure of and leave those you do not understand. You cannot know every question; do the ones you know and leave those you do not understand”, he counselled.
Justifying the Heritage Bank’s support for the seminar, Ms Jake-Biosa Ogechi, team member (Cowry & SME), Heritage Bank, explained that the financial service provider is a bank that loves to work with its partners.
She said the bank decided to stay by the students even before their planned admissions into tertiary institutions with a view to boosting their understanding of the need for saving culture.
Ms Ogechi therefore charged parents, whose children plan to gain admission into higher institutions of learning in Nigeria, to embrace the various banking solutions in the stable of Heritage Bank. According to her, parents should ensure they open Heritage Bank Board Account for their wards; as doing that would make financial communication easy between them and their children.
She said there are several other banking solutions like HB Tier 1 Account and YIEDP Intervention Scheme that Heritage Bank has developed for the benefit of its numerous customers and other stakeholders.
Ms Ogechi assured the students and their parents that Heritage Bank is a bank they can always count on as a timeless wealth partner.
Education
Again, NELFUND Extends Deadline for 2025/26 Session Loan Applications
By Adedapo Adesanya
The Nigerian Education Loan Fund (NELFUND) has granted another extension for its Student Loan Application Portal to accommodate institutions that requested additional time for the 2025/2026 academic session.
According to the statement signed by NELFUND’s Director of Strategic Communications, Ms Oseyemi Oluwatuyi, on Thursday, the extension applies only to institutions that submitted formal requests, allowing eligible students extra time to complete their applications.
“The Nigerian Education Loan Fund has approved an extension of its Student Loan Application Portal for institutions that have formally requested additional time for the 2025/2026 academic session,” the statement read.
Business Post reports that at the beginning of March, NELFUND announced an extension to the deadline by a week for its student loan application portal following a notable rise in nationwide interest driven by ongoing awareness campaigns.
Speaking on the development, NELFUND Managing Director and Chief Executive Officer, Mr Akintunde Sawyerr, reiterated the Fund’s commitment to ensuring that eligible students at participating institutions can access the student loan programme.
“NELFUND remains committed to ensuring that eligible students across participating institutions have the opportunity to access the student loan programme,” he said.
The Fund urges students in affected institutions to take advantage of the extension and submit their applications through the official portal.
It also emphasised its dedication to transparency, accountability, and providing sustainable financing solutions to remove financial barriers to higher education in Nigeria.
Established to administer the Nigeria Student Loan Scheme, NELFUND was enacted into law by President Bola Tinubu in April 2024.
The initiative provides interest-free loans to students in public tertiary institutions to cover tuition and living expenses.
Beneficiaries are required to repay the loans after completing their education and securing employment, aiming to increase access to higher education for students from low-income backgrounds.
Education
NRS to Boost Tax Education in Nigerian Institutions
By Adedapo Adesanya
The Nigeria Revenue Service (NRS) has inaugurated a Curriculum Review Committee aimed at strengthening taxation education in Nigerian academic institutions and improving the country’s tax administration system.
According to a statement, the committee was inaugurated on February 24, at the NRS Academy in Durumi as part of the agency’s broader efforts to modernise tax education and align academic training with the evolving demands of contemporary tax administration.
Speaking during the inauguration, the Director of the NRS Academy, Mr Adeolu Akinyemi, said the review exercise would involve collaboration with the Chartered Institute of Taxation of Nigeria (CITN) to develop a more structured and relevant curriculum for the academy.
He emphasised that the initiative seeks to ensure that taxation programmes taught in Nigerian institutions reflect current developments in tax policy and practice, while also equipping students with the practical knowledge required in today’s tax administration environment.
The committee has been tasked with examining existing taxation curricula across Nigerian institutions and proposing updates that incorporate modern tax policies, recent legislative changes, and emerging areas such as digital taxation and global tax practices.
Officials say the review is also designed to close the gap between theoretical classroom instruction and the practical realities of tax administration.
By strengthening the link between academic learning and professional practice, the revised curriculum is expected to better prepare graduates for careers in the tax sector.
The effort is further expected to enhance tax awareness among citizens, encourage voluntary tax compliance, and support the development of skilled tax professionals who can contribute to national revenue generation and economic growth.
The committee is chaired by Mrs Aisha Hamman Mahmoud, Special Adviser to the Executive Chairman of the NRS on Research and Statistics. Its membership includes representatives from the service as well as academic experts in taxation and fiscal policy, alongside professionals with experience in tax administration, policy formulation, and tax education.
The committee will work with relevant educational regulatory agencies and professional bodies to ensure that the proposed curriculum aligns with national academic standards while addressing the practical needs of Nigeria’s tax system.
The NRS stated that the initiative forms part of its ongoing commitment to expanding tax knowledge, strengthening professional capacity, and promoting responsible tax practices across the country.
The curriculum review exercise is expected to be completed within 60 days, after which the Service plans to provide further updates on the implementation of the revised programme.
Education
Airtel Africa Foundation Gives Scholarship to 70 Nigerian Undergraduates
By Modupe Gbadeyanka
The first batch of Nigerian undergraduates to enjoy fully paid scholarships for studying science, technology, engineering and mathematics (STEM) courses across the continent has been chosen by Airtel Africa Foundation.
Business Post gathered that 70 students from universities across Nigeria were selected from thousands of applicants through an independently managed process, which took nearly six months.
It was learned that most of the undergraduates were from the University of Lagos (UNILAG), Obafemi Awolowo University (OAU) Ile-Ife, the University of Benin (UNIBEN), Tai Solarin University of Education (TASUED), the University of Ilorin, Ahmadu Bello University (ABU Zaria), and the University of Nigeria (UNN).
The scholarship covers tuition, laptop computers, living expenses, and essential learning resources, a statement from Airtel Africa Foundation disclosed.
The chairman of the foundation, Mr Segun Ogunsanya, speaking at the presentation of the scholarships to the beneficiaries at the Lagos headquarters of Airtel Nigeria, emphasised the need for initiatives such as the Airtel Africa Foundation’s undergraduate tech scholarship for the future of the continent.
“True legacy is not measured by the awards we win or the volume of SIM cards we sell; it is measured by the lives we save, the people we feed, and the students we support when the line between success and failure is at its thinnest.
“At the Airtel Africa Foundation, we believe that lifting people out of poverty is the ultimate benchmark of a great company. Today, we are writing that legacy by tilting the balance in favour of the brilliant but underserved, ensuring that the fourth industrial revolution, driven by AI and Data Science, is built by African talent for the African continent,” he stated.
Mr Ogunsanya further revealed that this fellowship, executed through Airtel Nigeria, is designed to bridge the gap where funding, skills, and opportunity often fail to meet.
In addition to the N500,000 yearly budget for the fellows’ four-year or five-year courses, each fellow would be integrated into a structured support system for academic guidance and career mentorship, intended to ultimately transition students from the classroom to the global tech workforce.
Addressing the students, the chief executive of Airtel Nigeria, Mr Dinesh Balsingh, stressed that youth development is a strategic imperative for Airtel.
“At Airtel Nigeria, we view youth development as essential nation-building. When young people succeed, innovation accelerates, and social stability improves.
“By connecting these brilliant scholars to knowledge, skills, and confidence, we are fulfilling our core mission to connect people to opportunity. To our recipients: you earned your place here through merit and discipline. You are now ambassadors of excellence, and we expect your leadership to be defined by your conduct as you help shape a more inclusive digital future for Nigeria,” the Airtel Nigeria chief said.
The Nigerian cohort joins a prestigious network of Airtel Africa Foundation fellows currently studying in Tanzania, the Democratic Republic of Congo (DRC), Uganda, and India.
The initiative underscores a broader commitment to technology education, youth development, and Nigeria’s digital economy.
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