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Nigeria Tokenises Student Loan Payments

Nigeria's NELFUND to Replace Student Loan Payments with Digital Token System

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsNigeriaJul 7, 2026

Nigeria's National Education Loan Fund is introducing a digital token-based tuition payment system designed to eliminate double payments and improve transparency in the disbursement of student loans. The initiative represents a novel government-led application of digital payment technology to public education finance.

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