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Nigeria Student Loans Go Digital

NELFUND Adopts Digital Token System to End Double Student Tuition Payments

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsNigeriaJul 8, 2026

Nigeria's National Education Loan Fund is deploying a digital token payment system to eliminate duplicate tuition payments and improve transparency in student loan disbursements. The initiative represents one of the more concrete government-led applications of digital payment technology to public education finance in Africa.

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