News
BREAKING: Hon Laoshe Repays N3,189,217.00 FG Student Loan to NELFUND
The Nigerian Education Loan Fund (NELFUND), on Tuesday, announced that Hon Lanre Laoshe, a former beneficiary of the Federal Government Student Loan Scheme, has graciously repaid his N1,200 student loan, received between 1976 and 1979, with the sum of N3,189,217.00.
In a statement on its official X handle, signed by Nasir Ayitogo For: Director, Corporate Communications, said that Hon Laoshe, a distinguished former member of the House of Representatives and a former Deputy Whip, who benefited from the defunct Federal Government Student Loan Scheme expressed his deep appreciation for the financial support he received from the Federal Government during his educational pursuit.
He stated that in order to determine the current equivalent of the N1,200 loan, he obtained a table of average annual exchange rates from 1972 to 1985 from sources at the Central Bank of Nigeria (CBN).
The table indicated that in 1979, the exchange rate was $1.00 = N0.596, meaning that the sum of N1,200.00 was equivalent to $2,013.42 at the time.
Using the current exchange rate of $1.00 = N1,583.98, Hon. Laoshe calculated that the equivalent amount today would be N3,189,217.00.
As a result, he issued a Polaris Bank Plc bank draft (No. 14670909) for this amount to NELFUND, marking his repayment as a token of gratitude to the Federal Government for the role it played in his educational journey.
This act of goodwill and integrity by Hon. Laoshe serves as an inspiring example of the impact that government support can have on individuals and highlights the importance of honoring one’s commitments.
NELFUND is deeply appreciative of Hon. Laoshe’s gesture and remains committed to supporting the educational aspirations of Nigerian students through its various programs.”
Former Delta State Governor Dr. Emmanuel Eweta Uduaghan is dead. He passed away on the morning of Monday, October 19, 2026, at the age of 71, after a period of illness.
A family statement announced his death, describing it as a devastating loss. Uduaghan, a medical doctor, served as Delta State Commissioner for Health (1999–2003) and Secretary to the State Government (2003–2007) before becoming governor from 2007 to 2015. He was known for contributions to infrastructure and human capital development in the state.
Delta State Governor Sheriff Oborevwori has expressed deep sadness over the passing. In a condolence message, he described Uduaghan as a detribalised leader whose service left a lasting mark on Delta State.
Oborevwori extended heartfelt condolences to Uduaghan’s wife, Roli, his children, the Uduaghan family, the Itsekiri nation, and the people of Delta State, praying for the peaceful repose of his soul.
An angry mob has set a Bus Rapid Transit (BRT) bus on fire after it reportedly crushed a commercial motorcyclist to death at Ogolonto Bus Stop along Ikorodu Road in Lagos State.
The incident occurred on Friday, October 16, 2026. Eyewitness accounts and social media reports indicate that the motorcyclist was riding alone along the restricted BRT lane when the collision happened. He died at the scene.
Enraged residents and youths then attacked the bus driver and set the vehicle ablaze. Police officers and officials of the Lagos Neighbourhood Safety Corps (LNSC), who were nearby, intervened promptly and rescued the driver unharmed.
The identity of the deceased motorcyclist and the exact circumstances of the crash had not been officially confirmed at the time of filing this report. It was also unclear whether any arrests had been made in connection with the burning of the bus.
News
ARISE News Wins Seven Honours At Nigerian Broadcasters Merit Awards
The awards recognised the network’s achievements in television journalism and programming, with ARISE News winning the Best TV Channel (Viewer’s Choice) category.
• ARISE News Anchor and host of What’s Trending Ojy Okpe was named Best Newscaster (TV – Female)
ARISE News has emerged as one of the major winners at the just ended Nigerian Broadcasters Merit Awards (NBMA).
ARISE News won seven honours across television broadcasting, news reporting, presentation and production during the ceremony.
The awards recognised the network’s achievements in television journalism and programming, with ARISE News winning the Best TV Channel (Viewer’s Choice) category.
The network’s flagship breakfast programme, The Morning Show, also won the Best TV Talk Show award, further strengthening its recognition in television broadcasting.
ARISE News Anchor and host of What’s Trending Ojy Okpe was named Best Newscaster (TV – Female).
Rufai Oseni was named Nigerian Broadcaster of the Year (Male), while Vimbai Mutinhiri-Ekpeyong received the Nigerian Broadcaster of the Year (Female) award.
The recognition extended to the network’s newsroom, with Ovieteme George winning Best TV News Reporter (Male) for his contributions to television news reporting.
Behind the camera, Sam Adeyemi received the Best Camera Operator/Cinematographer award, recognising his work in television production and visual storytelling.
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