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Showing posts from August, 2024

FCMB asset management's private debt fund targets mid-Sszed Blbusinesses

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 FCMB asset management's private debt fund targets mid-Sszed Blbusinesses  Aug.28, 2024 FCMB Asset Management Limited (FCMBAM), acting as Sponsor and Fund Manager, with technical support from TLG Capital Investments Limited (TLG Capital), United Kingdom, recently launched Nigeria's first Naira-denominated Private Debt Fund, the FCMB-TLG Private Debt Fund (the Fund).   The Fund aims to improve mid-sized companies' access to suitable capital in Nigeria while offering investors an opportunity to earn a competitive risk-adjusted return on investment.  In a recent interview with Bloomberg, James Ilori, the CEO of FCMB Asset Management, shared his vision for the Fund.  He sees the fund as a catalyst for transforming Nigeria's financial landscape. Private Debt, also known as Private Credit internationally, has the potential to diversify investment portfolios and drive economic growth and development. "We found that small companies could borrow from micro-finance instituti

World Travel Market: Tourism minister supports NANTA to market Nigeria’s tourism assets

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 World Travel Market: Tourism minister supports NANTA to market Nigeria’s tourism assets Aug.28, 2024 Mrs Lola Ade-John, Minister of Tourism, has promised to support the National Association of Nigeria Travel Agencies (NANTA) in marketing Nigeria at the forthcoming edition of the World Travel Market (WTM). The minister made the pledge when the NANTA team visited her office in Abuja, on Tuesday to solicit her support. The WTM, known as the most famous tourism and travel trade exposition, is slated to hold in November in Excel, London. In a statement, Ade-John expressed excitement about the selfless determination and commitment of NANTA to showcase Nigeria to the world. She noted that the agencies deserved the support of all Nigerians, particularly the state governments. Speaking on government’s intervention in marketing Nigeria as a choice tourism destination, the minister hinted that the ministries of culture and tourism had recently collaborated to approach all 36 state governments. S

RCCG to donate academic materials to 2000 less privileged children

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 RCCG to donate academic materials to 2000 less privileged children Aug.28, 2024 The Redeemed Christian Church of God (RCCG), Rose of Sharon parish, Ikeja, is to distribute academic materials to no fewer than 2000 children ahead of the September school resumption. Pastor Chichi Obiagwu, Head of the women ministry in the parish who disclosed this in a statement, said the distribution programme was conceived in 2016, by the women’s fellowship of the parish, known as "Oaks of Righteousness". Obiagwu said the kind gesture was targeted at the less privileged  children of members of the parish, the immediate community in Ikeja GRA and the neighbourhood community in Shogunle. According to her, the committee setup to organise the year’s programme had been mandated with the task of catering for 1,000 to 2,000 children, as the distribution holds Aug. 31, at the church premises "Items to be provided include: school bags, water bottles, food flasks, exercise boosks, note books, pens

Political Scientist Urges Mass Media To Project Nigeria’s Good Image

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  A political scientist ,Prof. Abdur-Rahman Olayiwola ,has called on the media to continue to project the correct image of Nigeria and help  promote the country’s security and development. Olayiwola, a former Head of Department of Political Science,Lagos State University (LASU) ,Ojo ,made the call at the 98th inaugural lecture of the institution on Tuesday, in Lagos. The theme  of the inaugural lecture was : “Political Communication and Political Complications in Nigeria: Analysis and Action.” The professor said that the mass media should never be used as a divisive tool, but as an instrument for  the promotion and consolidation of national unity and integration. “The present concentration of mass media in the urban areas and the focus on security matters in one part of the country should be de-emphasised. “Local language media should be developed and also the utilisation  of local indigenous languages should be encouraged in media communication and information dissemination. “After al

Techtainment Forum Wows With Inspiring Speakers And Music Debut By Peculiar Stars

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  The much-anticipated Techtainment Forum, held at Lekki Peculiar School, exceeded all expectations, blending technology and entertainment in a spectacular showcase.  Attendees were treated to insightful talks by industry leaders and a thrilling musical performance by the Peculiar Stars, students from Lekki Peculiar School, who launched their debut album, SENSATION with seven singles well packaged for the society at large, especially the youths. Speaking at the event, the founder of the school, Dr. Ayodele Asaolu said, ''We are thrilled to announce that Sensation Music is now available for streaming on multiple platforms, including Spotify, Apple Music, Google Play Music, Amazon Music, and YouTube Music. Be sure to check it out and experience the magic they brought to the stage''. Opined that ''as the excitement from the forum continues to ripple through the community, we are thrilled to announce that the main Techtainment Camp is ongoing for the public to have

Navy hands over 72 bags of cannabis, 4 suspects to NDLEA

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   Navy hands over 72 bags of cannabis, 4 suspects to NDLEA Lagos, Aug.28, 2025 The Nigerian Navy Ship (NNS) BEECROFT has handed over 72 bags of arrested cannabis sativa, each weighing 40 kilograms alongside 4 suspects, 3 Ghanaians and 1 Beninoi to National Drugs Law Enforcement Agency (NDLEA) Marine Command.  The Commander NNS BEECROFT, Commodore Rafiu Oladejo said that the consignment was intercepted on Aug. 25, by NNS BEECROFT Quick Response Team. Oladejo said this in a statement signed by the ship's spokesperson, Lt. Hussaini Ibrahim on Wednesday. Oladejo was represented by the ship's Executive Officer, Capt. Mutalib Raji. The commander said that the arrest was made possible sequel to credible and actionable intelligence received by NNS BEECROFT on suspicious activities of some criminal elements taking place around Lekki Beach Axes. "This necessitated the deployment of Quick Response Team to the area for intensive patrol and search which resulted to interception of 72

Safety professional decries government lackadaisical attitude towards matters of safety

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 Safety professional decries government lackadaisical attitude towards matters of safety Lagos, Aug.26, 2024 The President of the Institute of Safety Professionals Of Nigeria (ISPON), Mr Timothy Iwuagwu on Saturday decried government officials lackadaisical attitude towards matters relating to safety precautions. Iwuagwu expressed his disappointment during the celebration of ISPON 10th Anniversary Conference with the theme: Legal Framework, Safety Compliance and Professionalism: A Panacea for Industrial Development and Economic Growth. He said that in June, some Nigerians got buried in a mine in Niger State to which ISPON went there to access the situation and spoke to Nigerians on the unfortunate development. "I am sure the government listened because we spoke through the television and we pointed out a whole lot of unsafe practices in the community. "Up till date, we have not been called by any agency of the government to come and throw more light and the things we said ab

Safety professional decries government lackadaisical attitude towards matters of safety

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 Safety professional decries government lackadaisical attitude towards matters of safety Lagos, Aug.25, 2024 The President of the Institute of Safety Professionals Of Nigeria (IPSON), Mr Timothy Iwuagwu on Saturday decried government officials lackadaisical attitude towards matters relating to safety precautions. Iwuagwu expressed his disappointment during the celebration of IPSON 10th Anniversary Conference with the theme: Legal Framework, Safety Compliance and Professionalism: A Panacea for Industrial Development and Economic Growth. He said that in June, some Nigerians got buried in a mine in Niger State to which IPSON went there to access the situation and spoke to Nigerians on the unfortunate development. "I am sure the government listened because  we spoke through the television and we pointed out a whole lot of unsafe practices in the community. "Up till date, we have not been called by any agency of the government to come and throw more light and the things we said ab

NAEME commander commends Combat Service Support Training Week

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NAEME commander commends Combat Service Support Training Week Aug.24, 2024 The Commander, Nigerian Army Electrical and Mechanical Engineers (NAEME) Corps, Maj.-Gen. Baba Yahaya has commended the organisation of the Combat Service Support Training Week which held from Aug.19 to Aug.23 in Lagos. Yahaya in a statement signed by the NAEME spokesperson, Capt. Nuradeen Bello on Saturday said that the training was with the theme: "Repositioning the Combat Service Support Corps to Support the Nigerian Army towards Achieving its Constitutional Responsibilities within a Joint Environment”. The commander said that the four-day event was conducted in line with the Nigerian Army training activities to meet the aspirations of the Nigerian Army as encapsulated in the Chief of Army Staff (COAS) Lt.-Gen. Taoreed Lagbaja's command philosophy. "The event brought together officers of the Nigerian Armed Forces, security agencies and some key stakeholders within the military industrial complex

NAEME commander commends Combat Service Support Training Week

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 NAEME commander commends Combat Service Support Training Week Aug.24, 2024 The Commander, Nigerian Army Electrical and Mechanical Engineers (NAEME) Corps, Maj.-Gen. Baba Yahaya has commended the organisation of the Combat Service Support Training Week which held from Aug.19 to Aug.23 in Lagos. Yahaya in a statement signed by the NAEME spokesperson, Capt. Nuradeen Bello on Saturday said that the training was with the theme: "Repositioning the Combat Service Support Corps to Support the Nigerian Army towards Achieving its Constitutional Responsibilities within a Joint Environment”. The commander said that the four-day event was conducted in line with the Nigerian Army training activities to meet the aspirations of the Nigerian Army as encapsulated in the Chief of Army Staff (COAS) Lt.-Gen. Taoreed Lagbaja's command philosophy. "The event brought together officers of the Nigerian Armed Forces, security agencies and some key stakeholders within the military industrial comple

Nigerian Army Corps of Electrical and Mechanical Engineers pulls out 17 Generals

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Nigerian Army Corps of Electrical and Mechanical Engineers pulls out 17 Generals Aug.24, 2024 The Corps of Electrical and Mechanical Engineers (EME) has pulled out 17 Generals who retired from active military service. The colourful event took place at 65 Battalion parade ground Bonny Cantonment in lagos State on Friday, Aug. 23.  The pulling out parade was conducted to celebrate the illustrious and selfless service rendered by some retired Generals of the corps to the Nigerian Army, EME and the nation as a whole. The Special Guest of Honour for the occasion and also one of the celebrants was Maj.-Gen. General Moses Uzoh (Rtd). Uzoh said that it took endurance, encouragement, determination, the grace of God and prayers to be able to reach the pinnacle of the profession. Uzoh who was the former Corps Commander of the Corps of EME and also one time former Director General, Defence Industries Corporation said that he and his colleagues were delighted to be honored with a valedictory para

Gospel Singer Preaches Love To Nigerians

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  A renowned gospel singer, Mr Peterson Okopi, preaches love to Nigeria and the world at large, saying love and gratitude was a powerful force that can change lives and the world. He made this known while announcing the release of his new single ‘I cannot do without giving thanks’. “I am thrilled to announce the release of my highly anticipated new single, I cannot do without giving thanks featuring Minister BBO.  “This heartfelt song of gratitude and praise is now available for streaming and download on all major music platforms, and It is shot by carelfilms and directed by director enman. "Emi Ko Le Sai S'ope is a Yoruba-titled [a dialect spoken in the Southwestern region of Nigeria] that means I Cannot Do Without Giving Thanks",” he said. He said the song is a soul-stirring anthem that reflects on the importance of thanksgiving and acknowledging God's goodness in our lives.  “The song features Peterson Okopi's powerful vocals, accompanied by BBO's harmoniou

Sanwo-Olu says harnessing data, digitalisation will improve military efficiency

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 Sanwo-Olu says harnessing data, digitalisation will improve military efficiency Lagos, Aug. 21, 2024 Gov. Babajide Sanwo-Olu of Lagos State, on Tuesday said that harnessing data, digitalisation, and real-time logistics would improve efficiency and responsiveness in the military. Sanwo-Olu said this at the 25th Combat Service Support (CSS) Training Week 2024 at Nebo Hall, Nigerian Army Ordnance Corps, Ojuelegba, Lagos State. The News Agency of Nigeria (NAN) reports that the CSS comprises of the Nigerian Army Ordnance Corps, Nigerian Army Medical Corps, Nigerian Army Corps of Supply & Transport and Nigerian Army Electrical and Mechanical Engineers. Sanwo-Olu, represented by his Chief of Staff, Mr Tayo Ayinde, said the era of joint operations was necessary to ensure synergy between the Army, Navy, Air Force, and other security agencies for success. He said that the week which had the theme: “Repositioning the Combat Service Support Corps to Support the Nigerian Army towards Achieving

Group holds awareness walk 'i-Walk 4 EFCC 2024', for greater Nigeria

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 Group holds awareness walk 'i-Walk 4 EFCC 2024', for greater Nigeria Aug. 20, 2024 A group operating under the auspices of Project Victory Call Initiative, an advocacy response in collaboration with MasterBuilder Communications says all is set for its annual premiere event, christened, "i-Walk 4 EFCC 2024". This move would be done in collaboration with the Creative Designers Guild of Nigeria, (CDGN), Muslim Democrats and Apostolic Round Table, among several others Dr Bolaji Akinyemi, the Convener of the group and Chief Executive Officer of MasterBuilders Communications, who is also the BoT Chairman of Project Victory Call Initiative,  disclosed this in a statement, on Tuesday. He said the planned 'i-Walk 4 EFCC 2024' had been slated to hold on Saturday, October 5, 2024 According to him, the group was of the observation that economic and political developments between last October and now have not only vindicated its position, but equally shown all is not well

Over 100 benefit from army medical outreach

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  Over 100 benefit from army medical outreach  Lagos, Aug. 19, 2024 Over 100 underserved residents of Iwaya community have benefited from a medical outreach organised by the Nigerian Army to commemorate the Combat Service Support Training Week 2024 holding in Lagos State. Maj.-Gen. Philip Eromosele, Commander, Corps of Engineers said that the outreach was part of the army's Corporate Social Responsibility (CSR) to further strengthen the relationship between the army and the host community  Eromosele represented the Chief Of Army Staff (COAS) Lt.-Gen. Taoreed Lagbaja at the event. The Combat Service Support Training Week 2024 would hold from Aug.19 to Aug.23 at the Nigerian Army Ordnance Corps, Ojuelegba, Lagos State. Eromosele said that the Nigerian Army carried out several activities as part of it's civic military operations to foster a healthy relationship in the civil populace. "One of such events is medical outreach which is carried out periodically to give back to the

Government-led Programmes Key For Financial Inclusion – Network International

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  Mr Nandan Mer, the Group Chief Executive Officer, Network International, says government-sponsored programmes and infrastructure are crucial for the acceleration of financial inclusion in Nigeria. Mer said this at the launch of  the company’s Innovative Network One Payment Platform on Wednesday in Lagos. According to him, the government needs to put in place a financial inclusion target for all ecosystem participants. He, however, said that the government could not do it alone, adding that ecosystem players must embrace government’s mandates, policies and regulations. Mer noted that when government gets involved through different initiatives, there was always a tremendous force for good. “I believe the Nigeria Inter-Bank Settlement System is doing a good job in terms of interbank payments, and the proposed domestic card scheme is a step in the right direction. “Network International is committed to embracing these initiatives and recognising the transformative power of government inv

LASG lauds Cribvase.com on innovative approach to bridge housing deficit

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 LASG lauds Cribvase.com on innovative approach to bridge housing deficit Lagos, Aug. 8, 2024 The Lagos State  government (LASG) on Friday lauded Cribvase.com  for its  innovative approach  to bridge  the housing  deficit in Lagos. The Chief Registrar Cooperative, Lagos State  government, Mrs Funmilayo Solaru made the commendation at the virtual inauguration of Cribvase.com Solaru  said that the idea of giving opportunity  to people to own a land investing with as low as N20000  was laudable The News Agency of Nigeria  (NAN) reports that Cribvase.com  is a real estate investment digital platform that allows one to invest in fractions of verified land properties located in Lekki Lagos state. She  said that  Cribvase  idea which is  also in line with the states government policy  of addressing  housing deficit should be done in the laid down principles of  corporative society. According to her, corporative is to give advise, supervise, regulate and monitor activities  of  Cribvase.com Al

Joke of The Day

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  Why did the math book look sad?  Because it had too many problems.

Big Brother Naija "No Loose Guard" Housemates

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 In Big Brother Naija Season 9, themed "No Loose Guard," the competition has taken an intense turn as all housemates except two pairs, Streeze and the Mbadiwe Twins, are up for possible eviction​. This season features 28 housemates paired into 14 dynamic duos, each bringing unique relationships and backgrounds to the show. The fate of the housemates now lies in the hands of the viewers, who will vote to keep their favorite pairs in the house​.This structure has added a heightened level of suspense and competition as everyone except the two immune pairs faces possible eviction. The Housemates are: 1. Streeze (Mayor and Toby) Mayor: Media Director/Content Creator, from Oyo State Toby: Content Creator and Dance Artiste, from Ondo State Relationship: Friends since 2022​   Mbadiwe Twins (Ocee and Ozee) Ocee and Ozee: Lawyers, Entertainers, Entrepreneurs, from Imo State Relationship: Identical twins​   DoubleKay (Kassia and Kellyrae) Kassia: Entrepreneur, from Delta State Kellyrae:

Olympics Diary: Sport Climbing Event

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  The sport climbing event at the Olympics made its debut at the Tokyo 2020 Summer Olympics, held in 2021 due to the COVID-19 pandemic. The event included a combined format that consisted of three disciplines: speed climbing, bouldering, and lead climbing. Here’s a breakdown of these disciplines: Speed Climbing : Climbers race against each other on a standardized 15-meter wall to see who can reach the top the fastest. Bouldering : Climbers try to complete as many fixed routes on a 4.5-meter wall as possible within a given time. These routes, or "problems," are shorter and focus on power and technique. Lead Climbing : Climbers attempt to climb as high as possible on a wall over 15 meters within a specified time limit. Unlike speed climbing, the route is not standardized and varies in difficulty. The combined format means that each climber competes in all three disciplines, and their final score is determined by multiplying their rankings in each event (i.e., 1st place in speed

Sky Brown, Skateboarding And All About Her

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  Sky Brown is a notable young athlete and multi-talented individual. Here’s a comprehensive overview of her life and achievements: Early Life Full Name: Sky Brown Date of Birth: July 7, 2008 Birthplace: Miyazaki, Japan Nationality: British-Japanese Family: Her father, Stuart Brown, is British, and her mother, Mieko Brown, is Japanese. She has a younger brother named Ocean, who is also a skateboarder. Skateboarding Career Start: Sky began skateboarding at a very young age, inspired by her father and brother. Style: Known for her fearless style, Sky competes in both park and street skateboarding disciplines. Competitions and Achievements: X Games: Sky has participated in the X Games, earning medals and showcasing her skills on an international platform. 2020 Summer Olympics: Sky competed in the Tokyo 2020 Olympics, where she won a bronze medal in women's park skateboarding at the age of 13, making her Great Britain's youngest Olympic medalist. Surfing In addition to skateboardin

Graham Thorpe: An Overview

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Full Name: Graham Paul Thorpe Date of Birth: August 1, 1969 Birthplace: Farnham, Surrey, England Thorpe switched his batting stance from left to right-handed at a young age to make it more challenging for bowlers and to better utilize his family’s garden space. Domestic Career Teams: Surrey (1988-2005) Role: Middle-order batsman Notable Achievements: Established himself as a reliable run-scorer in county cricket. Instrumental in Surrey's success, including several County Championship wins. International Career England Debut: Test: June 20, 1993, against Australia ODI: February 20, 1993, against India Retirement: Test: 2005 ODI: 2002 Batting Style: Left-handed Bowling Style: Right-arm medium Key Stats: Tests: Matches: 100 Runs: 6,744 Average: 44.66 Centuries: 16 Half-Centuries: 39 ODIs: Matches: 82 Runs: 2,380 Average: 37.18 Centuries: 0 Half-Centuries: 21 Playing Style and Strengths Known for his technical proficiency and mental resilience. Excelled in challenging conditions, parti

The Key Athletes and Events to Watch in the Paris 2024 Olympics

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  Track and Field Sha'Carri Richardson (USA): After an impressive performance at the 2023 World Championships, Richard is a standout expected to make her mark in the 100m and 4x100m relay​ (Paris 2024 Olympics)​​ (World Athletics)​. Noah Lyles (USA): Lyles aims at defending his titles in the 100m, 200m, and 4x100m relay after his triple gold performance at the World Championships​ (World Athletics)​. Erriyon Knighton (USA): Known for breaking Usain Bolt's junior records, Knighton tops in the list of those who can win in this event too ​(Paris 2024 Olympics)​. Faith Kipyegon (Kenya): Kipyegon, a double world champion, will aim for gold in the1500m and5000m as well ​(World Athletics)​. Mondo Duplantis (Sweden): The world record holder is anticipated to dominate pole vaulting during these games​ (World Athletics)​. Swimming Katie Ledecky (USA): Number one at distance freestyle events but might choose not to compete many events this time around. What do you think? Summer McIntosh (

UK Riots, Why It Is Better To Embrace Peace

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Embracing peace over participating in riots offers numerous benefits for individuals, communities, and society as a whole. Here are some key reasons why it is better to embrace peace: 1. Protection of Lives and Property Safety: Riots often result in injuries or even fatalities among participants, law enforcement, and bystanders. Embracing peace helps to protect lives. Property Damage: Riots can lead to extensive damage to homes, businesses, and public infrastructure. Peaceful approaches prevent such losses and the economic burden that follows. 2. Long-Term Stability Community Trust: Peaceful actions foster trust and cooperation within communities, which is essential for long-term stability and prosperity. Economic Stability: Businesses and investors are more likely to invest in peaceful and stable environments, contributing to economic growth and job creation. 3. Moral and Ethical Considerations Non-Violence Principles: Embracing peace aligns with moral and ethical principles of non-vi