Connect with us

NEWS

FirstBank Makes Home Ownership Possible For Nigerians With Single-Digit Interest Rate Loan

Published

on

For millions of Nigerians, home ownership has long felt like an ambition deferred. Squeezed by rising property prices, persistent double-digit inflation, and high commercial lending rates, the dream of owning a home has remained just that – a dream.

But that narrative is quietly changing. Thanks to FirstBank.

The N1 Trillion Intervention Reshaping Access

In partnership with the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), FirstBank has unveiled a mortgage opportunity that could redefine access to housing finance in Nigeria.

Backed by the Federal Government’s N1trillion mortgage fund, the initiative is designed to empower Nigerians with affordable, long-term credit to own their homes.

9.75% Interest Rate in a 30% Lending Environment

MREIF is priced at 9.75% per annum, dramatically lower than prevailing commercial loan rates. Eligible Nigerians can access up to N100 million and repay within 20 years. This translates into significantly more manageable monthly repayments and greater long-term financial stability.

Built for Salary Earners, Entrepreneurs, and the Diaspora

The MREIF mortgage facility has been structured to be inclusive. It is available to salary account holders, business owners, and diaspora customers. Whether you are a young professional aiming to exit the rent cycle, an entrepreneur building generational stability, or you’re a Nigerian abroad looking to secure assets locally, the product opens a pathway that has historically been out of reach for many.

Taking the First Step

For those who have been waiting for the right time, this is definitely it. The question is no longer whether homeownership is possible. The real question is: will you act before the window narrows?

Visit https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/ and in no time you could be the latest homeowner in town.

NEWS

LAWMA Urges Full Compliance as Lagos Resumes Its Long-Suspended Monthly Sanitation Exercise April 25

Published

on

The Lagos Waste Management Authority, LAWMA, has called on residents to fully comply with the state’s monthly environmental sanitation exercise, scheduled to resume on Saturday, April 25, 2026.

In a statement issued via its official X handle on Monday, the agency said the exercise will hold from 6:30 a.m. to 8:30 a.m. across Lagos State.

LAWMA reminded residents that the two-hour window is dedicated to cleaning surroundings and ensuring proper waste disposal across the state.

“Monthly sanitation exercise commences on Saturday, 25th April from 6:30 a.m. to 8:30 a.m. across the state.

“This is a reminder that sanitation is everyone’s responsibility. Residents are encouraged to clean their surroundings, dispose of waste properly, and support efforts to keep our environment clean and safe.

“Together, we can achieve a cleaner and more livable Lagos,” the statement read.

We reported that the state government in March announced the resumption of the exercise, nearly a decade after it was suspended.

“I am pleased to inform all Lagosians that the monthly environmental sanitation exercise will resume effective Saturday, 25th April 2026, holding on the last Saturday of every month from 6:30 a.m. to 8:30 a.m,” the state Commissioner for Environment and Water Resources, Tokunbo Wahab, said.

Previously held between 7 a.m. and 10 a.m., the initiative was suspended in November 2016 following a legal pronouncement restricting movement during the exercise.

Following the reintroduction, some Lagos State residents expressed excitement, saying it will curb indiscriminate waste disposal, reduce flooding, and restore cleanliness across the state.

Speaking with PUNCH Healthwise, they stated that they were willing to participate in the exercise to help restore Lagos’s cleanliness and reduce unpleasant odours.

However, some raised concerns about how the exercise would be enforced.

They warned that law enforcement officials could misuse movement restrictions for extortion. They emphasized the importance of pairing the initiative with re-education on proper waste disposal, rather than relying solely on monthly activities.

 

Continue Reading

NEWS

Gov Dauda Lawal Hosts Chief of Defence Staff, Reaffirms Commitment to Security in Zamfara

Published

on

By Bashorun Oladapo Sofowora

Earlier today, Governor Dauda Lawal received the Chief of Defence Staff, General Olufemi Oluyede, at the Government House in Gusau during an official visit to Zamfara State.

The Chief of Defence Staff commended the Zamfara State Government for its consistent support to troops operating within the state, acknowledging the administration’s collaborative approach in addressing security challenges.

During the meeting, the Governor reiterated that security remains the foremost priority of his administration. He emphasized that without security, meaningful development and governance would have little impact on the lives of the people of Zamfara State.

The Governor stressed the importance of sustained cooperation between the state government and the military in confronting insecurity and restoring lasting peace across affected communities. He noted that effective synergy between civil authorities and security agencies is critical to overcoming the menace threatening the state.

He further assured that his government remains fully committed to providing continued support to the Armed Forces and other security agencies to enhance their operational effectiveness and safeguard lives and property.

Continue Reading

NEWS

Speaker Obasa Cites Sports as a Potent Tool For Instilling Discipline, Resilience in Youth

Published

on

The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Ajayi Obasa has declared that sports are a potent tool for instilling discipline, resilience, and leadership in youth. He affirmed this at the 4th Biennial Inter-House Sports Competition of DE-Royal Apple Schools at Agege Sports Stadium on Thursday, April 16.

Obasa, the Special Guest of Honour, was joined by lawmakers Hon. Noheem Adams (Leader of the House), Hon. Ege Adebisi, Hon. Stephen Ogundipe, Hon. Jubril AbdulKareem, and Hon. Oladele Ajomale. Their presence added colour and prestige to the school’s sporting fiesta, which featured thrilling races, relays, and novelty events.

In his address, the Speaker emphasized the importance of grassroots investment in youth development and encouraged parents to continue supporting their children in both academics and sports.

“When schools combine academics with athletics, they produce well-rounded individuals who can contribute meaningfully to society. This is why we must continue to support initiatives that empower our young people,” he said.

The Speaker also commended all the participants, saying, “Whether you come first, second, or last today, hold your heads high. You are already winners because you have shown courage by stepping onto the field. The future belongs to those who are bold enough to try.”

He applauded the school’s management and staff for organizing a successful inter-house sports competition, which he said requires resources, planning, and dedication, adding,

“Today, we are all reaping the fruits of your tireless efforts, and I say a big thank you.”

Mrs. B. T. Obasa, the Managing Director of DE-Royal Apple Schools with branches in Lagos and Ogun States, said that for DE-Royal Apple Schools, the day was more than a sporting contest; it was a celebration of leadership, discipline, and the promise of a brighter future for Lagos State.

“Our vision has always been to raise children who excel both in academics and in character. Sports is one of the ways we instill discipline and teamwork, and we are delighted to see our efforts recognized today,” she said.

Continue Reading


 

 


 

 

 

 

Join Us On Facebook

Most Popular


Warning: Undefined array key "slug" in /home/porsch10/public_html/wp-includes/class-wp-theme-json.php on line 2117

Warning: Undefined array key "slug" in /home/porsch10/public_html/wp-includes/class-wp-theme-json.php on line 2117

Warning: Undefined array key "slug" in /home/porsch10/public_html/wp-includes/class-wp-theme-json.php on line 2117