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Firstbank Enhances Educational Sector, Supports Schools With Over 10 Billion Naira Loan

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Nigeria’s Premier and leading financial services provider, First Bank of Nigeria Limited, has announced that within the last year, it has supported educational institutions in the country with loans in the sum of over 10 billion naira.

The Bank’s support is carried out through its FirstEdu product, an educational solution created to enhance the educational facilities in schools with a view to improving the quality of education across the country.

FirstEdu loan is targeted at private Nursery, Primary and Secondary schools to assist the schools in achieving their desired growth in the medium and long-term. The product provides funding to replace old furniture and equipment, pay staff salaries, purchase brand new or fairly-used buses as well as refurbish dilapidated buildings and classroom blocks. With this product, school owners/proprietors can stay ahead to make learning easy and conducive for students.

The product enables the schools to access facilities with no tangible collateral, apart from domiciliation of school fees account with the Bank.

On the other hand, FirstEdu portal is a modular and robust web-based enterprise portal that enables Tertiary educational institutions manage academic, administrative, professional, logistics and payment challenges.

The product features and benefits include; e-Learning, virtual library and facilitation of exchange programmes with foreign educational institutions; academic & student events/time-table/calendar management; school fees payment via the internet; online information and result checking; interactive community forum between students and teachers. It also affords applicants the opportunity of enrolling from the comfort of their homes or any location around the world; no licensing, installation and maintenance cost and plugs avenues for revenue leakages amongst others.

According to Chuma Ezirim, Group Executive, e-Business & Retail Products, First Bank of Nigeria Limited, “With FirstEdu, private schools across the various tiers of education in Nigeria; elementary, secondary and tertiary, have the right tool to boost their business to the level they desire. We are pleased to have already disbursed over N10 billion loans to schools in one year and we would continue to support growth in this key sector of our economy.”

“At FirstBank, we identify with the impact of the educational sector on the socio-economic activities of the country and importantly the lives of everyone. We remain committed to supporting schools as education is the core and root factor at enabling growth of our economy” he concluded.

In need of the right educational solutions to give your school a boost, visit the FirstBank branch nearest to you or contact us on our social media channels; @firstbanknigeria on Instagram; @firstbankngr on twitter and FirstBankofNigeriaLimited on Facebook.

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Presidency Breaks Silence On Tinubu’s Absence At Lagos Project Commissioning Ceremony

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The Presidency has clarified that President Bola Tinubu did not attend the scheduled project commissioning in Lagos on Wednesday, because he was preoccupied with urgent national security matters.

Special Adviser to the President on Public Communications and Orientation, Sunday Dare, also defended President Bola Tinubu’s handling of Nigeria’s security challenges, insisting that ongoing military operations and intelligence efforts demonstrate that the country is gaining the upper hand against terrorism.

Speaking on Politics Today on Channels Television, Sunday Dare said the President had remained actively engaged in national security matters, even while away from Abuja.

“The President prioritised national security developments over the event,” he said.

“Yes, the president is in Lagos, and I’m sure beyond the pictures, you know that the president has been busy with state matters.”

He added that recent security concerns across parts of the country required the president’s attention, noting, “You will know the last 10 days, right from the attack in Jos, we’ve seen the developments.”

Dare said Tinubu had been “busy taking constant briefs” and “has to prioritise when it comes to state matters, especially security”.

He further explained that the president remained actively engaged with security agencies, and was “monitoring development, working with the intelligence community, and taking constant security briefs.”

He assured Nigerians that the administration is consistently responding to threats and remains committed to protecting lives and property.

Meanwhile, President Tinubu while inaugurating the newly constructed Ojota-Opebi Link Bridge, a project his administration envisioned in 2002 but now delivered by Governor Babajide Sanwo-Olu, said the projects reflected Lagos State government’s commitment to development and aligned with his Renewed Hope vision, which, he said, sought to build a modern country that would be fully digitally enabled and economically strong.

The bridge, a 5.04-kilometre transport corridor, is one of the three key Lagos projects inaugurated on Wednesday by Tinubu in the first of his two-day official visit to Lagos for commissioning.

Other projects include five-storey Lagos State Geographic Information Service (LAGIS) Building and Lagos Multi-Agency Building, both in Alausa.

Tinubu, who was represented by the Senate President, Senator Godswill Akpabio, congratulated Lagos residents, saying the projects delivered by Sanwo-Olu spoke to the importance of putting people’s wellbeing at the centre of development.

Tinubu said: “The Ojota-Opebi Link Bridge is more than an infrastructure; it is a bridge to opportunities. In a busy city like Lagos, vehicular movement is more than just commuting; it is associated with the city’s economic wellbeing. When traffic flows, productivity improves. When time is saved, businesses grow. When access is made easier, living standards get improved.”

Tinubu thanked Lagos Government for making the new Administrative Complex after him, noting that he accepted the honour with humility.

Lagos State governor, Sanwo-Olu, said the projects were distinct but complementary investments, with each addressing a critical aspect of governance.

The bridge, he said, would address congestion and mobility around Ikeja-Maryland-Ojota corridor, while improving the quality of life for commuters.

He said the Ojota-Opebi Link Bridge would improve efficiency of traffic circulation, with noticeable impact beyond the immediate environs of the bridge. He said the road project was completed with walkways, bicycle lanes, solar-powered street lighting and embedded service ducts.

“We have built, not just for today’s needs, but with a clear eye on the ever-expanding demands of the future. As part of this project, we have integrated a comprehensive stormwater management system to address the long-standing challenge of flooding along the Odo-Iya-Alaro corridor, thereby strengthening environmental resilience,” he said.

 

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Operation Wutan Daji: Army Neutralises 10 Terrorists In Plateau Offensives

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The Nigerian Army says its troops conducting Operation Wutan Daji have on Thursday, neutralised no fewer than 10 terrorists during coordinated offensives in Plateau.

An operational report made available to the News Agency of Nigeria (NAN) said the operations were carried out in Wase and Kanam Local Government Areas.

It said the operations targeted identified terrorist corridors around Daba and Seri villages.

It said that troops established blocking positions between Dutsen Zaki and Odare Forest, leading to contact with terrorists moving on motorcycles along the axis.

According to the report, the troops engaged the terrorists in a firefight, resulting in the neutralisation of several of them, while others fled with suspected gunshot wounds.

It added that exploitation of the area led to the recovery of 10 neutralised terrorists as well as combat items.

“Recovered items include two motorcycles, 25-litre jerrycans of Premium Motor Spirit, one AK-47 rifle and a magazine loaded with 7.62mm special ammunition.

“The operation is ongoing, with troops maintaining high fighting spirit and sustained offensive posture in the area.

“The Nigerian army reaffirms commitment to sustaining pressure on terrorists and restoring peace in affected communities,” it said.

(NAN)

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Gov Abiodun Gifts 40 SUVs To Ogun Traditional Rulers To Strengthen Local Governance

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In a show of appreciation for the support given to his administration, Ogun State Governor, Dapo Abiodun, on Thursday distributed 40 brand-new SUV vehicles to traditional rulers to enhance their mobility.

The presentation took place during the statutory meeting of the Ogun State Council of Obas at the Obas’ Complex in Abeokuta.

Abiodun called on traditional rulers across the state to create a conducive, investor-friendly environment in their domains, warning that hostility toward investors could undermine the state’s economic growth.

Expressing concern over reports of uncooperative attitudes by some communities particularly in Yewa South, Ipokia, and Ijebu North Abiodun condemned what he described as hostility toward investors willing to commit billions of dollars to the state’s economy.

He stressed that such investments are critical to job creation, infrastructure development, and overall socio-economic advancement, noting that communities must take ownership of development initiatives rather than frustrate them.

“We have received disturbing reports about the conduct of some communities during recent investor engagements. This is unacceptable,” the governor said.
“These investors are bringing in significant capital that will transform our economy, create jobs for our people, and improve livelihoods. They must be welcomed and supported.”

Abiodun urged traditional rulers to take responsibility for ensuring peace and cooperation within their domains, emphasizing their critical role in facilitating development.

“Kabiyesis, I urge you to work closely with your people to create an enabling environment for investors. Development cannot thrive in an atmosphere of hostility and distrust. We must position Ogun State as a preferred investment destination,” he said.

The governor reiterated his administration’s commitment to protecting investments, warning that actions capable of discouraging investors would not be tolerated.

Beyond investment concerns, he called for heightened vigilance among residents and traditional institutions in light of rising insecurity in parts of the country, urging prompt reporting of suspicious activities to security agencies.

While acknowledging ongoing efforts by President Bola Ahmed Tinubu to address security challenges nationwide, Abiodun stressed that local vigilance remains essential to sustaining Ogun State’s relative peace.

He also cautioned traditional rulers against indiscriminate land allocation and involvement in land-related disputes, describing land as a critical economic asset that must be managed with integrity.

“Our land is our oil. It must not be allocated carelessly. We must ensure that land matters are handled transparently and responsibly to attract and retain genuine investors,” he added.

The governor further warned landlords against renting properties to individuals involved in criminal activities, stating that any building found to be used for unlawful purposes would be demolished.

In his remarks, the Commissioner for Local Government and Chieftaincy Affairs, Hon. Ganiyu Hazmat, said the meeting—its first in 2026—was convened to address key issues of security and development while strengthening collaboration between the government and traditional institutions.

Similarly, the Chairman of the Council and Paramount Ruler of Yewaland, Oba Kehinde Olugbenle, commended the governor’s developmental strides and reiterated the council’s support for policies aimed at economic growth and stability.

A highlight of the meeting was the presentation of the 40 SUVs to traditional rulers to enhance their administrative and community engagement roles.

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