Business
Rivers Rural Women Get N26m Microfinance Loan
Former Action Congress of Nigeria (ACN) gubernatorial candidate in Rivers State, Prince Tonye Princewill, has instituted a N26 million microfinance fund for Rivers women living in rural communities.
Part of the fund would be subjected to a partnership arrangement with the Rivers State Microfinance Agency (RIMA) to provide microfinance of one million naira to each of the 23 local government areas in the state.
Princewill, in a statement made available to the press, noted that beneficiaries would be subjected to the criteria laid down by the agency.
The former ACN chieftain who cross carpeted to the ruling People’s Democratic Party (PDP) before the 2011 election said the essence of the loan scheme was to empower rural women as he commended the women for all their efforts since 2006 when they started working with him.
He assured the women that RIMA, under the present management, would be a perfect partner for progress.
He, however, presented a cheque of N2.8 million to the women caucus for the procurement of equipment for the commencement of Princewill Political Associates (PPA’s) Women Skills Acquisition Programme to be sited at the PPA secretariat on Port Harcourt-Aba Expressway.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
Business
NIS Ends Decentralised Passport Production After 62 Years
Business
FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year
-
Education5 days ago
NUC Commences Verification Of 73 Degree Programmes Of Federal University Of Environment in Ogoni
-
Maritime4 days ago
Shoprite Nigeria Gets New Funding to Boost Growth, Retail Turnaround
-
Sports4 days ago
F’ Eagles Rraw In Chile As Falconets Eyes Rwanda Clash
-
Business4 days ago
FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year
-
News4 days ago
Nigeria Needs Citizens With Character, Not Just Armed Soldiers -NDLEA Boss
-
Sports4 days ago
Zidane’s Son Switches Allegiance To Algeria
-
Education5 days ago
University lecturer advocates for societal needs based research as Algorithms, Pathway To Sustainable Growths
-
News4 days ago
Group Doles out N13m To Market Women In Isiama