GBI&I Media News Blog

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Edo State Government signed a Memorandum of Understanding (MoU) on Tuesday with LAPO  Microfinance Bank for the disbursement of N300 million to Micro Small and Medium Enterprises (MSME) across the state. The loan according to the SSG, will be implemented by Edo State Skill Development Agency (Edojobs). The News Agency of Nigeria (NAN) reports that the Secretary to the State Government (SSG), Osarodion Ogie, signed the MoU on behalf of the State government while Gloria Bako, Executive Director, Corporate Services signed for LAPO MfB. Commending the board of Edo MSME funds, the management of Edojob, and LAPO Microfinance Bank, Ogie said that microfinance schemes all over the world were the engine room of any economy, he appealed to all beneficiaries to make use of the loan. He added that it was not a grant but a revolving loan that must be paid back. Peter Obaseki the chairman of the Advisory Board MSME Fund, had earlier commended the government for its sustained support for small bu...

By: Abigail Iyade Mrs. Comfort Ronke Ogunsanya, CEO and Proprietress of First Option School marked her 70 th birthday in style. Her children, loved ones, friends, and well-wishers rolled out the drums and their dancing shoes to celebrate her with style.  The proprietress was described as an impactful woman with grace who still sows goodness in the lives of others. A woman of due diligence in her duties. The celebration took place at her school premises in Lekki, Lagos to the delight of everyone in attendance. In her vote of thanks, she thanked God and appreciated everyone present to honour her and prayed for everyone to enjoy good health and soundness of mind as herself, even at 70 and more.

Mr. Olugbile Holloway's appointment as the Director-General of the National Commission for Museums and Monuments has been approved by President Bola Tinubu. His appointment was announced in a statement signed by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, titled ‘President Tinubu appoints new Director-General of the National Commission for Museums and Monuments.’ He is now the 8th Indigenous Director-General/CEO of the Commission. Up until his appointment, Holloway served as the Managing Director of a creative brand/consultancy agency. He is certified with a Bachelor of Arts in Politics and International Relations and a Master’s degree in Business Administration. Holloway succeeds Prof. Abba Tijani who was appointed by former President Muhammadu Buhari on August 26, 2020 Ngelale, further stated that the President expects that the new Director-General will “bring life into this important agency and ensure the preservation, promotion, and development o...

  The Abia State Governor, Alex Otti said, his government is set to secure loans to implement the 2024 Budget adding that already the Islamic Development Bank has approved $125m for the state.   The governor disclosed this on Monday during a Media chat with journalists in Umuahia, the State Capital.   He also said that the African Development Bank approved the sum of $125m for the State under AB seed, as well as the African Development Bank, AFDB, all are yet to be drawn after perfection.   He further added, “we have received offers of loan from commercial banks, but we have not drawn on any of them. We do not want to draw loans until we need them and will repay when we have liquidity, and we will pay later”.   Dr. Alex also spoke on wage and salary increases, he assured workers that his administration is poised to keep its promise, stating that there is already a committee in place to see it through. “We had promised that by the end of this mo...