African University of Economics, FCT, Abuja
, Federal Capital Territory โข Est. 2024
About African University of Economics, FCT, Abuja
African University of Economics is a private specialised university focusing on economics, finance, business and management education, located in Abuja, Federal Capital Territory. The institution operates faculties spanning economics, finance, business administration, management sciences, social sciences and computing. The university is positioned to address the substantial demand for economics and business graduates across Nigeria and the broader West African region, with curriculum reflecting international best practice in economic and management education. The Abuja location places students near federal government economic policy institutions, the Central Bank of Nigeria and the Securities and Exchange Commission, supporting industry-relevant teaching and research.
History
African University of Economics was established as a specialised private university providing economics and business education in Nigeria. The institution was conceived to focus exclusively on economics, finance and management disciplines relevant to Nigerian and African economic development. The Abuja location, in the Federal Capital Territory, was selected for proximity to national economic policy institutions, accessibility from across Nigeria, and the FCT\'s position as Nigeria\'s political and administrative centre. The institution received NUC approval as a specialised university and admitted its inaugural cohort with founding faculties configured to address demand for economics and business graduates.
Core values: ExcellenceIntegrityServiceInnovation
Key Facts at a Glance
Leadership
| Vice-Chancellor | Prof. Mahfouz Adedimeji |
Courses Offered (35)
Admission Requirements
African University of Economics, FCT, Abuja considers candidates who meet the institutional JAMB cutoff and pass the Post-UTME screening. Direct Entry applicants must meet the entry requirements for their chosen course.
Entry modes accepted: UTMEDirect Entry
โ Accepts Direct Entry โ Accepts inter-university transfers
Admission timeline (recent)
| Event | Year | Window | Status |
|---|---|---|---|
| Post Utme | 2026 | Apr 30 โ May 21, 2026 | Extended |
Sample Cutoff Marks (2025)
| Course | JAMB | Post-UTME | Competitiveness |
|---|---|---|---|
| Petroleum Engineering | 220 | 76 | High |
| Physiology | 212 | 70 | Moderate |
| Computer Engineering | 211 | 73 | Moderate |
| Radiography | 209 | 74 | Moderate |
| Architecture | 208 | 61 | Moderate |
| Law | 206 | 75 | Moderate |
| Biochemistry | 205 | 71 | Moderate |
| Mechatronics Engineering | 204 | 73 | Moderate |
| History | 202 | 55 | Moderate |
| Electrical/Electronic Engineering | 200 | 62 | Moderate |
Tuition & Fees (2026/2027)
| Tuition fee | โฆ850,000 |
| Acceptance fee (fresh students only) | โฆ250,000 |
| On-campus accommodation | โฆ350,000 |
| Development levy | โฆ75,000 |
| Other fees (ID card, medicals, sport, etc.) | โฆ100,000 |
| Estimated total per session | โฆ1,625,000 |
For incoming undergraduate students in the 2026/2027 academic session. Returning students pay 60-70% of this amount.
Campus & Infrastructure
African University of Economics operates from a campus in Abuja, Federal Capital Territory, with modern academic infrastructure including faculty buildings, research laboratories, the university library, lecture theatres, student halls of residence and sports facilities. The Abuja location provides excellent connectivity to federal government institutions, the financial sector and the broader policy ecosystem. Air access is via Nnamdi Azikiwe International Airport Abuja with daily international and domestic flights โ Abuja is Nigeria\'s political gateway and provides international connectivity for academic partnerships.