Author: Ifetayo Adeniyi

President Bola Tinubu The Federal Mortgage Bank of Nigeria offers mortgage financing to eligible Nigerians through the National Housing Fund, providing a route to buy, build, improve or renovate a home. The NHF Mortgage Loan is currently available to contributors at an interest rate of 6 per cent per annum, with repayment of up to 30 years. According to FMBN on its website, the current information shows that eligible contributors can access up to ₦50 million, subject to affordability and the value of the property. Here are the key things applicants should know about the scheme and how to apply…

New Edo Speaker, Hon. Yekini Idiaye Idiaye’s emergence was in accordance with the Assembly’s zoning arrangement. The newly elected Speaker of the Edo State House of Assembly, Yekini Idiaye, said his predecessor, Blessing Agbebaku, was removed by lawmakers over alleged poor leadership and corruption. Idiaye, who represents Akoko-Edo Constituency I and is a third-term lawmaker, emerged as Speaker on Monday following Agbebaku’s resignation amid moves by lawmakers to impeach him. Addressing journalists after Monday’s plenary, Idiaye accused Agbebaku of poor leadership, alleging that his tenure was characterised by corruption and prolonged adjournments. He said, “The House was inaugurated on the…

Agbebaku Former Speaker of Edo State House of Assembly, Blessing Sheriff Agbebaku, has said his resignation from the position was “purely for personal reasons.” Agbebaku in a statement on Monday by his media team, said he maintained a cordial working relationship with all 24 members of the House throughout his tenure. He said “Differences will naturally arise because we all have our individual identities and beliefs. However, that did not stop us from passing people-oriented Bills and Resolutions in the last three years of my leadership.” The former Speaker, who represents Owan West Constituency, emphasised that his decision was taken…

The Parents Teachers Association (PTA) of King’s College Lagos unanimously rejected the Federal Government’s approval to concession the institution to its Old Boys Association (KCOBA) to take over the running of the college. The controversy surrounding the Federal Government’s decision to concession King’s College, Lagos, to the King’s College Old Boys’ Association (KCOBA) has intensified, with parents and other stakeholders reportedly preparing for a mass protest against the arrangement. Chairman of the school’s Parent-Teacher Association (PTA), Peter Oluwaseye, said the planned protest was necessary because of widespread opposition to the concession among parents, civil servants and members of the surrounding…

The National Agency for Science and Engineering Infrastructure (NASENI) will on Monday kick-start the FutureMakers by NASENI Virtual Hackathon and Pitch sessions for 60 participants drawn from all six geopolitical zones of the country. A statement issued on Sunday by the deputy director of Information, Chima Akwaja,  said the programme organised by NASENI Innovation Hub will hold the Virtual Hackathon from Monday, 17 August to Friday, 21 August 2026, while the pitch sessions will take place from Monday, 24 August to Wednesday, 26 August, 2026. The pitch sessions will be streamed live on YouTube and Facebook. “The virtual hackathon, a…

TAJBank TAJBank Limited has posted a 74 per cent year‑on‑year increase in Profit Before Tax (PBT) for the 2025 financial year, according to the bank’s audited FY2025 financial statements. The PBT rose to N31.562 billion in FY2025 from N18.166 billion in FY2024, according to the audited results. The bank also recommended improvements in total assets, which rose to N1.34 trillion at the end of FY2025 from N953 billion a year earlier. Total equity increased to N149.230 billion from N61.250 billion in FY2024, representing a year‑on‑year growth of … per cent in the bank’s shareholders’ funds. At its virtual 2026 Annual…

Nigeria’s Acting High Commissioner to Canada, Ambassador Abba Zanna Kawu, has disclosed that more than 300 Nigerian medical doctors, lawyers and other professionals are currently practising their professions across Canada, reflecting the growing contributions of Nigerians to the country’s workforce. The envoy spoke at the annual Flavour of Nigeria Festival held at the Gage park in Brampton said about 124,000 Nigerians currently reside in Canada, while an additional 82,100 Nigerians hold valid study visas. He noted that Nigerians have continued to distinguish themselves in diverse professional fields, including medicine, law and accounting, thereby strengthening the country’s image abroad. Speaking on…

The order will stimulate investment in deep offshore fields, which require huge capital outlays, advanced technology and long development periods. The Federal Government has introduced a major fiscal incentive for new deep offshore oil and gas projects, allowing qualifying developments to restart the profit-oil sharing scale at 70:30 in favour of contractors, even where existing production in the same contract area has already moved to a higher government share. The provision is contained in the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, signed by President Bola Tinubu on August 6, 2026, and gazetted by the government.…

The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani. File photo.  The Federal Government has announced plans to connect all riverine communities across Nigeria to telecommunications services by mid-2027. The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, disclosed this on Sunday at Obighoro, a riverine community in Warri North Local Government Area of Delta State. Tijani spoke while addressing participants at the grand finale of the Bini Riva Live festival, organised as part of activities marking the fifth coronation anniversary of the Olu of Warri, Ogiame Atuwatse III. The minister, who attended the event alongside…

Obasanjo Visits Adeleke After Osun Poll Victory with Congratulatory Message. Credit: X | DukeOfOsun The former President Olusegun Obasanjo paid a surprise congratulatory visit to Osun State Governor, Ademola Adeleke, following his victory in Saturday’s governorship election. Adeleke was declared the winner of the election on Sunday after polling 511,067 votes across the state. The incumbent governor, who contested on the platform of the Accord Party, defeated his closest challenger, Bola Oyebamiji of the All Progressives Congress, who secured 444,815 votes. Adeleke won in 19 of the state’s 30 local government areas, while Oyebamiji emerged victorious in 11. The governor…