Author: Newsjaunts

I extend my warmest congratulations to Distinguished Senator Solomon Olamilekan Adeola, FCA Yayi on the landmark occasion of two years of outstanding service in the 10th National Assembly, representing the industrious and vibrant people of Ogun West Senatorial District. Since assuming office on June 13, 2023, Senator Yayi has exemplified what it means to be a true servant-leader—dedicated, result-oriented, accessible, and tireless in the pursuit of progress for his constituents. His trajectory in the National Assembly has been one of unmatched purpose and deep commitment to the development of Ogun West, Ogun State, and the Federal Republic of Nigeria. A…

Lagos, Nigeria – Nigeria’s most forward-looking financial institution, Sterling Bank, has announced an over ₦2bn commitment for fully-funded private university scholarships for youngNigerians. Unveiled on Democracy Day, the initiative titled Beyond Education, represents a decisive step towards building the country’s future leaders by dismantling the barriers that keep millions of Nigerians from accessing quality, future-focused learning. This is one of the largest private sector investments ever made in a single Nigerian tertiary institution. It extends Sterling’s longstanding commitment to the HEART sectors: Health, Education, Agriculture, Renewable Energy, and Transportation. The bank has deployed over half atrillion naira in financing and…

The National Credit Guarantee Company Limited (“NCGC” or the “Company”) is set to commence operations on 01 July 2025, as a specialised financial institution established to unlock access to credit and drive inclusive economic growth across Nigeria’s real economy. With an initial capital commitment of ₦100 billion, recently announced by President Bola Ahmed Tinubu, the NCGC is positioned to reshape how Micro, Small and Medium Enterprises (MSMEs), manufacturers, and strategic sectors access much-needed financing.For decades, Nigerian businesses especially micro, small and medium scale enterprises have faced significant challenges accessing loans due to collateral barriers and high-risk perception. NCGC is bridging…

The team of the premium Sosa Fruit Drink of Rite Foods Limited, Nigeria’s leading food and beverage company, electrified guests and participants with stunning performances at this year’s Ojude Oba Festival of the Ijebu-land, as it performed before the King of Ijebu-land, Oba Sikiru Kayode Adetona. The team which was adorned with the outfit of the Sosa Fruit Drink, with their uniquely designed green hat, was accompanied by an acrobatic display that caught the admiration of the people who applauded their intriguing entertainment at the Ojude Oba festival on Sunday, 8th June 2025. This was part of the colours the…

In a decisive move to revive Nigeria’s underperforming steel sector, a high-powered delegation comprising of the Director-General of the Nigeria-China Strategic Partnership (NCSP), Joseph Tegbe, and the Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu, have held a strategic meeting with executives of Sino Steel, one of China’s largest and most influential steel conglomerates. The high-level engagement focused on advancing the long-delayed revitalization of the Ajaokuta Steel Company, a key industrial asset considered critical to Nigeria’s manufacturing ambitions and job creation strategy. Talks centred around technical evaluations, operational modelling, and financing frameworks required to restore the facility to full…

In furtherance of its long-standing commitment to education and youth development, leading financial institution, Fidelity Bank Plc, has donated a wide range of relief and academic materials to Government Junior Secondary School, Elekahia, Port Harcourt, Rivers State. The donation was made possible by the unwavering dedication and generosity of a class of newly inducted staff, known as the Suncrest Inductee Class, under the Fidelity Helping Hands Programme (FHHP). Through the FHHP, staff across Fidelity Bank’s business locations identify projects that impact their immediate community and raise funds to execute them. The bank’s management thereafter matches this contribution with an equal…

LAGOS – The Federal High Court, sitting in Ikoyi, Lagos state, has adjourned hearing on the suits seeking the suspension of the former management council of Lagos Country Club led by Mr. Seyi Adewunmi. The court cases have been adjourned to July 15, 2025. The Court Registrar, in a notice on Tuesday, gave the new date in the cases of FHC/L/CS/1704/24 ADEMOSU Vs REG. TRUSTEES LCC, FHC/L/CS/1792/24 FASHANU Vs REG. TRUSTEES LCC and FHC/L/CS/657/25 TIMMY KOLAWOLE Vs. REG. TRUSTEES LCC. The cases were initially adjourned to June 9, 2025, for further hearing, but due to the Eid-el-Kabir holidays declared for…

Lagos, Nigeria – The Muvmnt Studio – a storytelling power house that connects people, communities and culture through podcasts is set to launch PodFest Naija – A Festival of Stories, with Eventful as the official event partner. This first-of-its-kind event is envisioned to become an annual vibrant experience centered on celebration, collaboration, innovation & learning for the podcast ecosystem. Podfest Naija is a creative melting pot designed to spotlight the power of storytelling through podcasts. The event will bring together storytellers, creators, brands, cultural & policy leaders for a dynamic experience designed to celebrate the voices shaping Nigeria’s podcasting community;…

The Sports Writers Association of Nigeria (SWAN) has officially unveiled the commemorative logo for its 60th anniversary, marking a major milestone in the Association’s illustrious journey since its establishment in 1964. The unveiling of the anniversary logo signals the beginning of a series of activities lined up to celebrate six decades of outstanding contributions to sports journalism, development, and advocacy in Nigeria. The logo, creatively designed in vibrant green and white, proudly incorporates the figure “60” and the SWAN emblem — a reflection of the Association’s legacy and enduring impact in the sporting landscape of the country. A ribbon bearing…

The Association of APC Songwriters, Jigawa State Chapter, under the leadership of its State Chairman, Alh. Lawan Gujungu, paid a Sallah (Eid-El-Kabeer) courtesy visit to the Honourable Minister of Defence of Nigeria, Mohammed Badaru Abubakar, CON, mni, at his residence in Kano on Sunday, June 8, 2025. The association, established during the period of political alliance and mobilization that led to the formation of the All Progressives Congress (APC) in 2015, is renowned for composing and publishing songs that highlight the policies, programs, and achievements of APC-led administrations, as well as other officeholders of the party at various levels nationwide,…