Author: Newsjaunts
Lagos, Nigeria — Union Bank of Nigeria and BFREE, a cutting-edge German-Nigerian FinTech firm, have signed a Memorandum of Understanding (MOU). This agreement signifies a joint commitment to addressing economic challenges and revitalising distressed loan portfolios in Nigeria. This MOU was formalised during the German-Nigerian Business Forum in Berlin on November 21, 2023.Under the terms of the MOU, BFREE, in conjunction with its international financing partners, will explore the acquisition of distressed loan portfolios from Union Bank, with a potential investment cap of $40 million. The key focus will be refinancing non-performing loan portfolios, particularly those delayed in repayment or…
Bayo AdegboyegaWith exactly one year to the opening ceremony of the 22nd National Sports Festival scheduled to hold in Ogun State next year, the Main Organizing Committee (MOC) and the Local Organizing Committee (LOC) today met at the Remo Stars Sports Complex, Ikenne Ogun State as proper preparations begin for the multi sports event.The MOC team led by its Executive secretary, Dr. Mrs Thecla Opara flew in from Abuja on Sunday, November 26, 2023 and swung to action today by inspecting some facilities including the Remo Stars Sports Complex, Ikenne, and the NYSC Orientation Camp, Sagamu which has been tentatively…
With exactly one year to the opening ceremony of the 22nd National Sports Festival scheduled to hold in Ogun State next year, the Main Organizing Committee (MOC) and the Local Organizing Committee (LOC) today met at the Remo Stars Sports Complex, Ikenne Ogun State as proper preparations begin for the multi sports event.The MOC team led by its Executive secretary, Dr. Mrs Thecla Opara flew in from Abuja on Sunday, November 26, 2023 and swung to action today by inspecting some facilities including the Remo Stars Sports Complex, Ikenne, and the NYSC Orientation Camp, Sagamu which has been tentatively penciled…
Ogun State Governor, Prince Dapo Abiodun, has approved constituency projects for the 236 councillors in the state.The approval, the governor said, was in fulfilment of his promise to ensure the councilors execute projects in their various constituencies as the closest to the people at the grassroot.Prince Abiodun made this known at the Governor’s Office, Oke-Mosan, Abeokuta, when he received the jubilant councilors who were on ground to pass a vote of confidence on his administration and also thank him for paying their full furniture allowance.Governor Abiodun, who recently approved the full payment of furniture allowance to the 236 councillors, also…
Breast cancer remains a pervasive global health challenge, affecting millions of individualsannually. Dr. Wale Olusanya, a distinguished doctor of pathology and the Centre Manager ofBT Health and Diagnostic Centre, LASUTH, stated that advocacy efforts have long beencentered around raising awareness about the significance of early detection as a key factor inimproving survival rates and treatment outcomes.According to him, "Breast Cancer Awareness serves as a poignant reminder that our collectiveefforts are paramount in addressing the challenges posed by this disease. It’s not just about going‘pink’, it’s about fostering a culture of awareness, education, and early detection. Together, wecan make a significant…
DAKAR, Senegal, November 27, 2023/APO Group/ Since its launch on September 12, BİGA Home (www.BiGAHome.com) has expanded its footprint to encompass 15 operational sales points as of today; BİGA Home’s year-end target is to reach 20 sales points; Doğanlar Furniture Group, through its BİGA Home brand, is set to export its products to nearly 20 countries, with a primary focus on Senegal and several African nations, including ECOWAS and Mauritania, as well as the USA. In a short span since its establishment in Senegal in September 2023, Biga Home, a venture by Doğanlar Furniture Group, has achieved remarkable success. As of…
By Daniel Olushola Michael Globalreport.com.ng”The heights at which great people reach and Attained are not gotten by a sudden flight but while their contemporaries sleeps,they keep Toiling through the Night ” Less cannot be adopted in describing the dominance and relevant roles played in the spirits, wine and quality drinks manufacturing in Nigeria and West Africa of Intercontinental Distilleries Limited (IDL).The company which started off by two Italians with names,Justerini and Brooks (J&B) in 1749 as wine and spirits business ventures. Though,it changes ownership in acquisition until it became the then International Distillers &Vintners (IDV), IDV itself as at then was just a…
…. says we want to show govt how to give people palliatives The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele has launched a palliative market initiative where prices of goods were crashed for church members to cushion the effect of fuel subsidy removal and economic hardship in the country. The Palliative Market which was launched on Sunday, November 26, 2023 could be best described as an unprecedented move, especially within the religious circle. At the programme, church members were able to buy goods and food items for very subsidized prices; A bag of Garri worth N16,000 went for…
…. says we want to show govt how to give people palliatives The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele has launched a palliative market initiative where prices of goods were crashed for church members to cushion the effect of fuel subsidy removal and economic hardship in the country.The Palliative Market which was launched on Sunday, November 26, 2023 could be best described as an unprecedented move, especially within the religious circle.At the programme, church members were able to buy goods and food items for very subsidized prices; A bag of Garri worth N16,000 went for just N1,000, Three…
The Chief Operating Officer, Green Energy International Limited (GEIL), Engr. Kayode Adegbulugbe have been conferred with the award of Honorary Degree of Doctor of Science (D.SC) Honoris Causa, by the University of Benin at the just concluded 48th Convocation Ceremony.In a colourful ceremony staged at the University of Benin on Saturday, November 25, Dr. Kayode Adegbulugbe and other award recipients including a former Governor of Lagos and immediate past Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, Mrs. Betsy Obaseki, first lady and wife of Governor Godwin Obaseki of Edo State, Engr. Gbenga Olu Komolafe, Chief Executive Officer…