Old students of Yewa College have launched a N20 billion endowment fund to support their alma mater.
The alumni of Yewa College announced the launch of a substantial endowment fund valued at N20 billion aimed at benefiting their former school. This initiative represents a significant commitment from the old students to the institution's development. Details on the specific uses of the fund were not provided in available reports.
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A new tiered federal excise tax on investment income from large private university endowments—enacted in President Donald Trump’s 2025 “One Big Beautiful Bill” and taking effect for tax years beginning after Dec. 31, 2025—is prompting hiring freezes, program cutbacks and renewed debate over whether the policy is aimed at revenue or at reshaping higher education.
The 1975 set of Ladigbolu Grammar School in Oyo held a reunion in Ibadan to mark 50 years since leaving the institution. Members reflected on their experiences and made donations to support the school's development. Pastor Funmilayo Ojoawo, the association's president general, praised the group's contributions during the event.
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The U.S. Embassy in Addis Ababa, partnering with the Ethiopian Academy of Sciences, hosted a three-day workshop on 'Endowment Fund Management and Alumni Engagement' from December 3-5, 2025, at the Hilton Hotel. The event brought together leaders from Ethiopia's ten first-generation research universities to discuss practical strategies for sustainable alumni giving programs and endowment funds. Fulbright Specialists Dr. Ty Ropp and Dr. Walter McCollum provided expert guidance on endowment development and alumni relations to support university growth.
Osun State Governor Ademola Adeleke has demanded the immediate release of over N130 billion in statutory allocations allegedly withheld from the state's local governments. This follows his inauguration of elected chairmen and councillors on February 23, 2025. In a statewide broadcast on Monday, he addressed the illegal occupation of local areas.
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Twenty-seven students have progressed to the semi-finals of the Interswitch competition, which offers a N35 million prize.
AltBank has stepped in to support teachers as Nigeria grapples with a worsening crisis in its classrooms. The initiative comes at a time when educational challenges are intensifying across the country.
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Oketch Salah, the adopted son of the late former Prime Minister Raila Odinga, has pledged financial support to 10 youths from Jacaranda Bunge la Wananchi through an empowerment program in 2026. The pledge was made on December 26 during an engagement with a group member. Each recipient will receive Ksh50,000 along with motorcycles for men and hairdressing equipment for women.