The plan would provide 10 shares to each eligible tertiary student aged 18 or older, potentially reaching four million; no transfer has been reported.
Education Minister Maruf Tunji Alausa commended an Aliko Dangote Foundation plan to acquire shares in a proposed initial public offering for eligible tertiary students, according to a federal release dated 19 October.
The proposal says each eligible student aged 18 or older would receive 10 shares, potentially reaching up to four million students without an upfront purchase. It remains prospective; the ministry says its praise is not an endorsement of a particular investment.
The bank aims to launch both by October’s end and says it financed 6,911 housing units under its 2025 targets.
Its unaudited filing shows ₦23.81bn insurance revenue and ₦1.60bn pretax profit for the period ended September 30, 2026.
Radio Nigeria reports a new skills centre and a commissioned UAV training centre at the Air Force Institute of Technology.
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