News
FCMB Expands Energy Finance Loan to Help Nigerians Access Clean Energy Solutions
First City Monument Bank (FCMB) has increased its energy finance loan, now providing up to N30 million for Nigerian households and small businesses to purchase solar panels, batteries, and inverters.
With a repayment term of up to three years, this initiative aims to ease financial pressures and support businesses’ operational needs.
This loan upgrade aligns with FCMB’s commitment to Nigeria’s 2060 net-zero target, offering affordable clean energy solutions as fuel costs rise.
FCMB’s Managing Director, Yemisi Edun, emphasized, “This loan provides accessible funding for clean energy, offsetting higher fuel costs and aiding sustainable growth.”
George Ogbonnaya, Group Head of Business Banking, added, “Our loan makes clean energy affordable, supporting jobs and environmental sustainability.”
Recognized by the Development Bank of Nigeria for its impact on MSMEs and sustainability, FCMB continues to build a green ecosystem connecting people, capital, and markets across Africa.
News
Isaac Fayose Criticizes Government Over Taxation and Insecurity
Nigerian businessman Isaac Fayose has spoken about what he considers one of the country’s biggest problems, stating that many Nigerians are worried about government taxation, insecurity, and the increasing rate of kidnappings for ransom.
He lamented the situation and criticized the government, arguing that these issues have become deeply rooted and that there appears to be no lasting solution in sight.
According to him “In Nigeria we have two governments. One is collecting tax, the other one is collecting ransom. Both of them have one thing in common which is to make life difficult for their people.
The one that is collecting tax without doing anything will come and share you rice and semolina. The one that is collecting ransom is doing giveaway on social media.”
News
Concern Grows Over Rising Insecurity Following Kwara Abduction Case
It was reported that bandits were seen in Kwara State and abducted six residents from Rukpete Village.
The incident was reported to have occurred on June 8 at about 11 p.m.
Sources revealed that seven people were initially taken, but an elderly man was later released, leaving six victims in captivity.
The rising cases of insecurity in the country remain quite alarming.
News
Panic as Bandit Rumours Spark School Safety Concerns in Abuja
The state of the country is affecting many people, as they believe nowhere is safe, including schools where they keep their children.
It has been reported that some parents have started withdrawing their children from schools in Abuja.
It can be noted that rumours of bandits being sighted near a school triggered panic, causing parents to hurriedly remove their children for safety.
While the reports of bandits have not been confirmed, the school has also issued safety measures to ensure the protection of students within the premises.
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