By Tony Obiechina Abuja The MOFI Real Estate Investment Fund (MREIF) has successfully closed a N250 billion pilot fundraising, attracting strong private sector participation under a NGN100 billion issuance tranche. This was disclosed in a statement by MREIF Executive Director/Coordinator Sam Jacob in Abuja on Thursday. He explained that with an Aaa rating from Agusto and an AA rating from GCR, MREIF has established itself as a highly credible, market-driven investment platform to address Nigeria’s housing finance gap. The NGN100 billion Series 2 issuance was fully subscribed, with strong demand across a broad base of institutional investors, thereby depicting high…
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**Renews commitment to adolescent health and African women, girls LAGOS – eHealth Africa (eHA) reaffirmed its commitment to adolescent health and gender equity at the 69th Session of the Commission on the Status of Women (CSW69) in New York. Representing eHA at the event were Dr. Andrew Karlyn, Board Member, and Ms. Ota Akhigbe, Director of Partnerships and Programs. As the Commission on the Status of Women marks 30 years since the Beijing Declaration and Platform of Action – a landmark agreement on global gender equality standards – eHA participated in key discussions with global partners and stakeholders focused on advancing…
By Tony Obiechina The Accountant-General of the Federation Mr Shamseldeen B. Ogunjimi said he would collaborate with and tap from the wealth of experiences of all former Accountants -General of the Federation to bring the nation treasury to greater heights. Mr Ogunjimi stated this while receiving two former accountants-general, Dr John Naiyeju and Dr Ibrahim Dankwambo in his office in Abuja. Speaking earlier, Ibrahim Dankwambo suggested the upgrading of the Treasury Academy, Orozo owned by the Office of the Accountant-General of the Federation (OAGF) to a Degree (University) awarding Institution. On his part, Dr. John K. Naiyeju charged the new…
President Bola Ahmed Tinubu has appointed Vice Admiral Ibokette Ibas (Rtd) as the Administrator of Rivers State following the declaration of a State of Emergency in the state. Vice Admiral Ibokette Ibas is a former Nigeria’s Chief of Naval Staff. The President while invoking the provision of section 305 of the Constitution of the Federal Republic of Nigeria, 1999 as amended, announced the suspension of Governor Siminalayi Fubara and his deputy, Mrs. Ngozi Odu and all elected lawmakers for an initial six months period. He made the declaration while addressing a nationwide broadcast on Tuesday night. His words, “In the…
A 32-year-old man, Ndifreke Nelson, has been arrested by men of the Akwa Ibom police command for allegedly killing his girlfriend. The girlfriend, identified as Emem Effanga, 39, was confirmed dead in a hospital after she was allegedly strangled by her boyfriend. Timfon John, who is Akwa Ibom police command spokesperson, confirmed the incident on Monday in Uyo. He said when the police operatives visited the scene, marks of violence were visible on Emem’s face and neck, compelling them to conclude that she might have been strangled. Prompt News reports that John, disclosed that the case has been charged to…
No fewer than 26 members of the Rivers State House of Assembly have signed a Notice dated March 14, 2025, intimating the Speaker, Hon. Martin Amaewhule that they had found Governor Fubara and his deputy, Professor Ngozi Odu, culpable of gross misconduct. Prompt News reports that the document was titled: Notice of Gross Misconduct Pursuant To Section 188 of the Federal Republic of Nigerian Constitution (As Amended) 1999. Re: Acts of Misconduct in the Performance of the Office of the Governor by His Excellency, Sir Siminalayi Fubara, Governor of Rivers State. Find below lists of 19 allegations against the governor:…
By Kazeem Akintunde The Otedola Bridge on the Lagos-Ibadan Expressway is gradually becoming a deadly spot for motorists as lives and properties are being lost on a regular basis in the last few years. Another carnage was recorded last week when a gas tanker fell and spilled its contents, which ignited a fire in the area. As at the last count, four lives were lost and more than 10 vehicles were destroyed. Two friends who are journalists escaped the inferno by the whiskers, but lost their vehicles in the process. A mechanic handling one of our media colleague’s car also…
The Federal Capital Territory (FCT) Minister, Nyesom Wike, has approved revocation of 4,794 land titles, over non-payment of Ground Rent, for more than 40 years. In the Central Area, Garki I and II, Wuse I and II, Asokoro, Maitama and Guzape, a total of 8,375 property owners have not paid Ground Rent in the last 43 years. This was made known in a press briefing by the Minister’s Senior Special Assistant on Public Communications and Social Media, Lere Olayinka, and the Federal Capital Territory Administration (FCTA) Director of Lands, Chijioke Nwankwoeze. “It should be noted that the FCTA made numerous…
President Bola Tinubu has appointed Bishop Matthew Kukah, the Catholic Bishop of Sokoto Diocese, as the Pro-Chancellor and Chairman of the Governing Council of the Federal University of Applied Sciences, Kachia, Kaduna State. Additionally, the President appointed principal officers for the university, including Prof. Qurix Williams Barnabas as Vice Chancellor, Sanusi Gambo Adamu as Registrar, Ibrahim Dalhat as bursar, and Prof. Daniel Abubakar as university Librarian. President Tinubu also approved the appointment of Mr Thomas Etuh, representing the North Central, Chief Fabian Nwaora (South East), Prof Femi Taiwo (South West) and Zarah Bukar (North East). as members of the university’s…
A popular TikTok influencer, Murja Ibrahim Kunya, has been arrested by the EFCC for allegedly abusing and mutilating the Naira. Prompt News reports that Kunya was arrested for allegedly spraying Naira notes for fun during her stay in a hotel room at Tahir Guest Palace in Kano. The arrest followed her diligent pursuit by EFCC operatives after she jumped an administrative bail granted her by the Commission over one month ago. She was initially arrested in January 2025 for violating the Central Bank of Nigeria CBN, Act which prohibits the abuse and mutilation of the Naira. Kunya was granted an…