Education
Heritage Bank, Next Generation Empower 300 Pupils
By Dipo Olowookere
Heritage Bank Plc, Nigeria’s Most Innovative Banking Services Provider has partnered Next Generation to educate and empower not fewer than 300 primary and secondary school pupils, in a bid to make them emotionally intelligent to take financial decisions in the future.
Ajiri Efeturi, Team Lead, Customer Insight and Business Support of the bank disclosed this at a seminar organised by Next Generation, a-non-governmental organisation to raise emotionally intelligent generation at the Centre for International and Advanced Professional Studies (CIAPS) in Lagos recently.
The theme of the seminar was braced yourself for the future and it was aimed at transforming the next generation of youths in the country. Heritage Bank was the headline sponsor of the programme.
Efeturi said, “We are passionate and committed to playing our role in the Nigerian society about how to make young people to be financially literate,” remarking that the Nigerian youths are quite knowledgeable about movies and the social media unlike financial matters.
She said in a bid to address the gap in financial literacy, the bank has launched a comic magazine that would teach students financial literacy at a very early age, adding that the basis of the financial literacy is needs and wants.
Efeturi enjoined the students to spend their money wisely and keep some for the future, remarking that there is need for goal mapping, budgeting and development of financial behaviour.
She encouraged them to belong to school financial clubs, open savings account with the bank so that the bank would allocate relationship manager to them who would help to develop them financially, especially in profit and loss account and also enjoy the benefits of bank tours and to work in the bank in day as a banker.
Besides the financial literacy programme, the students who were in the age brackets of nine to 17 years from Vivian Fowler Memorial College for Girls, Ifako International Schools, Iju Road, Ifako-Ijaiye, Divine Offspring School among others were also exposed to talks on the beauty of virginity; trauma, abuse and addiction among teens as well as drug abuse.
Folashade Ajayi, a relationship and sexuality coach enjoined them to make personal decision to abstain from sex before marriage, avoid being alone with someone to whom they are not sexually and physically attached and avoid pornography and exotic films, literature (novels, magazines) and music among others.
The coach who is an executive director of Behind Door Initiative, a non-governmental organisation (NGO) also admonished them to be friends to people with good personalities, discipline and of good moral and religious values; dress modestly; avoid having sexual talks with people of opposite sex and avoid being with male friends that are more than one to avoid being rape.
The executive director also enjoined them not to be intimidated by threats and not succumb to blackmail and when everything else fails, they should open their mouths to shout.
Also speaking Timi Oyebode said for a victim to recover from trauma, abuse and addiction, such a person need to track the first experience, grieve her loss, state her gain, track triggers, create new coping mechanisms, response, friends, activities, life purpose and mantra.
Such a victim should also go for rehabilitation when necessary, plan to fall and to rise again; acknowledge that she is wounded and expose the wound to the open air, forgive herself; the abuser, God and discover the purpose of the pain because every pain has a purpose.
Earlier in her address of welcome, Mrs. Olufunke Fajusigbe, an advertising practitioner who also doubles as the founder and the convener of the forum said the purpose was for the participants to discover greatness from within themselves.
Also speaking, Professor Anthony Kila, CEO, Centre for International and Advanced Professional Studies (CIAPS) advised the students to see themselves as assets and their bodies as treasures, adding that successful people use their bodies and brains to achieve success.
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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