Author: Ifetayo Adeniyi

Access Bank Fosters Innovation At STEM Africa Fest 2025 Access Bank demonstrated its dedication to youth empowerment and digital innovation by sponsoring the fifth edition of STEM Africa Fest. Held at the Landmark Event Centre, Oniru, Lagos, the event brought together over 3,000 children for a day of immersive learning and creativity, centered around the theme: “AI for Good: Solving Real-World Problems.” As the major sponsor, Access Bank played a pivotal role in transforming the venue into a dynamic, interactive learning environment where students explored the frontiers of science, technology, engineering, arts, and mathematics (STEAM). The event served as a…

Fintiri pledges new NYSC camp, hikes corps members’ allowance Governor Ahmadu Fintiri of Adamawa State Fintiri pledges new NYSC camp, hikes corps members’ allowance Adamawa State Governor, Ahmadu Fintiri, has increased the monthly allowance of National Youth Service Corps members serving in the state from N20,000 to N30,000. The governor made the announcement on Friday at the swearing-in ceremony for the 2025 Batch B Stream I corps members, held at the NYSC Permanent Orientation Camp in Damare, Girei Local Government Area. “As a government, we are committed to improving the welfare of corps members. “This increment aligns with our promise…

Sanwo-Olu supports justice delivery, donates buses File photo: Lagos state governor, Babajide Sanwo-Olu Governor Babajide Sanwo-Olu of Lagos has given seven new buses to the state Ministry of Justice to enhance justice delivery. The vehicles were given to the ministry on Thursday through the Lagos State Security Trust Fund. This was contained in a statement from the ministry. The state Attorney-General and Commissioner for Justice, Mr Lawal Pedro, described the donation as a major boost to justice administration in Lagos State. He thanked the governor for the gesture. Pedro said that two of the buses would be used to…

MOFI, at 9.75%, opens single-digit housing loans Dr. Armstrong Takang MOFI, at 9.75%, opens single-digit housing loans Nigerians have started accessing affordable long-term mortgage facilities at 9.75 per cent. The mortgage facilities extend as long as 20 years, a radical initiative aimed at bridging the country’s estimated 20 million units housing gap. Chief Executive Officer, Ministry of Finance Incorporated (MOFI), Dr. Armstrong Takang, yesterday confirmed that several beneficiaries across geopolitical zones have successfully accessed the single-digit, long-term mortgage fund, barely one month after it was launched. He explained that the newly established MOFI Real Estate Investment Fund (MREIF), a…

D’Tigress defeat Cameroon, to face Senegal at semifinal AfroBasket 2025 D’Tigress | Photo: X | D’Tigress D’Tigress defeat Cameroon, to face Senegal at semifinal AfroBasket 2025. African Champions, Nigeria D’Tigress have stepped into the semi-finals of the 2025 FIBA Women’s AfroBasket with a crushing 83-47 victory over Cameroon on Thursday night in Abidjan. The six-time and defending champions will now meet Senegal in the next stage of the competition. In the quarter-finals game, Cameroon had a bright start, opening the game on a 4-0 run, but Nigeria responded instantly, going up 7-4. The depth of Coach Rena Wakama’s side quickly…

Gov. Abiodun unveils refurbished Olumo Rock Tourism Complex Gov. Abiodun unveils refurbished Olumo Rock Tourism Complex As part of efforts to promote tourism and culture in Ogun State, the famous Olumo Rock Tourist Centre in Abeokuta will be open to members of the public free of charge from now until the end of September this year. Governor Dapo Abiodun, who made the announcement yesterday at the inauguration of the newly renovated tourist complex, said the gesture was to encourage people to embrace tourism as well as appreciate the richness of their culture. The complex has a galleria that contains artworks…

US consulate to empower young Nigerian journalists, launches Adegbite Fellowship U.S. Consul General, Rick Swart. Photo: US Consulate Lagos US consulate to empower young Nigerian journalists, launches Adegbite Fellowship In a heartfelt tribute to late U.S. Consulate Information Specialist and former Guardian journalist, Adejumobi Adegbite, the U.S. Consulate General has unveiled the Adejumobi Adegbite Fellowship for Young Journalists. A statement on Thursday said the event, held at the American Corner in Lekki, brought together media professionals, US Mission officials, and young journalists selected for the prestigious year-long fellowship. U.S. Consul General, Rick Swart, who assumed office in Lagos two weeks…

FCMB Group posts ₦79.3bn Profit Before Tax in first half of 2025 FCMB Group Plc has announced a profit before tax of ₦79.3 billion for the first half of 2025, reflecting a 23% increase compared to the same period in 2024. The performance was driven by strong growth in net interest income and improved yields on earning assets. Gross revenue rose significantly by 41.3% year-on-year to ₦529.2 billion, up from ₦374.5 billion in H1 2024. This surge was largely fuelled by a 70.3% increase in interest income, though it was partially offset by a 35.1% decline in non-interest income, attributed…

FEC gives approval for electrification of universities, rural communities at N213.7bn Adebayo Adelabu The Federal Executive Council (FEC) has approved two major electrification projects worth a combined ₦213.7 billion to improve energy access in universities, teaching hospitals, and rural communities across Nigeria. The Minister of Power, Chief Adebayo Adelabu, announced the approvals while briefing journalists at the State House, Abuja, after the 7th FEC meeting presided over by President Bola Ahmed Tinubu. Adelabu said the first project, valued at ₦145 billion, inclusive of 7.5 percent VAT, is for the engineering, procurement, and construction (EPC) of power systems under the Energising…

FG consents to promotion of 100 FRSC commanders Olusegun Ogungbemide FG consents to promotion of 100 FRSC commanders The Federal Government has permitted the promotion of 51 Corps Commanders and 49 Deputy Corps Commanders in the Federal Road Safety Corps (FRSC). FRSC spokesman, Assistant Corps Marshal Olusegun Ogungbemide, announced this in a statement on Thursday. He said the approval was granted by Secretary to the Government of the Federation (SGF), Sen. George Akume, who serves as the supervising authority of the FRSC. According to him, the approval entails the elevation of 51 Deputy Corps Commanders to the rank of Corps…