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Private Schools to Get N15b from First Bank

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By Modupe Gbadeyanka

First Bank of Nigeria has set aside N15 billion for private schools in Nigeria through the lender’s educational products and solutions.

These products include the FirstEdu Loan, Operational Vehicle Loan, Term Loans for constructing new sites and extension of existing sites, Personal Loan against Salary (PLAS) and Salary Overdraft (SODA) which enhances Parents/Guardians’ capacity to pay their wards’ school fees.

A statement issued by the financial institution’s Group Head, Marketing & Corporate Communications, Folake Ani-Mumuney, explained that the FirstEdu loan is targeted at private Nursery, Secondary and A-Levels schools.

The product offers opportunity for private schools to access flexible funding to meet urgent cash flow needs, replace old furniture and equipment, as well as refurbish dilapidated buildings and classroom blocks.

With this product, school owners/proprietors can stay ahead of competition in providing educational services and support to the target population by maintaining acceptable standard infrastructure at all times.

This product allows the customer access up to N10 million with no tangible collateral required apart from the domiciliation of school account with the bank. This reduces the cost of borrowing to the customer and eliminates the challenges posed by the provision of additional demanding collaterals.

The Operational Vehicle Loan is targeted at registered businesses. It allows the entrepreneur to acquire brand new vehicles for the day to day operation of the business.

Organisations can take advantage of this facility to purchase school buses in the case of school proprietors and even upscale their staff welfare schemes through provision of staff buses. Personal Loan against Salary (PLAS) offers customers in paid employment access to cash to meet immediate financial needs such as payment of school fees, medical treatment, holiday expenses, etc. PLAS has a flexible repayment plan spread up to 48 months for customers’ convenience. There is no equity contribution or collateral requirement.

The Salary Overdraft Account (SODA) is also available to customers who want short tenured overdraft to meet immediate financial needs. SODA can be dispensed as a one-off overdraft for 30 days with up to 40% net salary and a revolving overdraft for 180 days with 25% of applicant’s average previous 3 months net salary. Only a salary account will qualify you to access PLAS and SODA if you work with any of First Bank’s approved list of employers.

First Bank’s educational facilities are offered without collaterals. So as the new school term resumes, the bank has the right products just for you and is poised to constantly provide the platform to support the life styles of its teeming customers.

Customers and stakeholders have been enjoined to visit any First Bank branch for further information about its school solutions.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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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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Education

Dangote Cement Distributes Essential Learning Aids to Kogi Pupils

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By Aduragbemi Omiyale

As part of its Corporate Social Responsibility (CSR) schemes, the Obajana Plant of Dangote Cement Plc has distributed some educational materials to some pupils in Kogi State.

The items shared to the beneficiaries included school bags, exercise books, writing materials, water bottles, and other essential learning aids aimed at enhancing the learning experience of the pupils and preparing them for the next academic session.

The General Manager for the Social Performance Department of Dangote Cement at Obajana Plant, Mr Ademola Adeyemi, said the materials were donated days after Dangote Cement distributed similar education materials to pupils in public schools in its catchment communities of Oyo, Iwaa, Obajana and Apata; and commissioned a multi-million-naira hospital in Obajana, which added to the growing list of social investments that includes an earlier hospital project in Iwaa and Oyo Communities.

He noted that, over the years, the company has invested billions of naira in a wide range of social programmes for host communities, including empowerment programmes, road construction, and potable water projects, and it remains resolute in its commitment to sustaining and expanding its interventions.

He noted that the company’s corporate social responsibility programmes are aligned with government development priorities and are implemented through sustained, mutually beneficial partnerships.

“The intervention was informed by findings from a needs assessment conducted by Dangote Cement. During the assessment, it was observed that several pupils attended school without school bags, while others carried their books by hand. It was also discovered that many students lacked essential learning materials such as exercise books, pens, pencils, and other basic learning materials,” the cement firm said.

The Head Teacher of UBE LGEA School, St. Luke Model II, Adankolo, Lokoja Local Government Area, Mr Abubakar Sanni, expressed profound appreciation to the management of Dangote Cement for the gesture.

The Head Teacher expressed gratitude to the Group President of the conglomerate, Aliko Dangote, for extending the company’s educational support programme beyond its host and impacted communities to schools located at the state headquarters.

The beneficiaries, school management, parents, and community stakeholders expressed gratitude to Dangote Cement for the timely intervention and prayed for the continued growth and success of the company in its efforts to improve lives and support sustainable community development.

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