Business
Micro-Finance Bank Introduces Gas Account
The Managing Director, Olive Micro-finance Bank, Mr Eniola Agbesoyin, says the organisation will launch its Olive Gas Account by the end of the first quarter of 2013.
Agbesoyin said in Lagos that the scheme was in partnership with the Lagos State Clean and Green Environment Project.
He said that the programme would afford customers the opportunity to acquire potable gas cylinders of various sizes at affordable costs.
The managing director said that the prices would range from N6,500 to N12,000 depending on the size of the gas cylinder and payment would be spread over six months.
He said the idea was to enable people to migrate from the use of firewood and kerosene stoves.
“In partnership with the Lagos State Clean and Green environment Project, we are looking forward to launch our Olive Gas Account where customers would have the opportunity to acquire portable gas cylinders in different categories and be able to pay overtime to ensure that people migrate from the use of firewood.”
Agbesoyin, who is the Treasurer, Lagos State Branch of the National Association of Microfinance Banks (NAMBs), said that the product was good for commercial food vendors.
“We are looking at given them six months pre-payment period, some of them N6, 500, N7,000 or even less. It is going to be in different categories.
“We believe that product will reach out to a lot of people especially in the rural areas where people still depend on the use of firewood and charcoal.”
Agbesoyin said the product would impact positively on the lives of the people, especially the rural dwellers.
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
-
Sports4 days ago
CAFCL : Rivers United Arrives DR Congo
-
Sports4 days ago
FIFA rankings: S’Eagles drop Position, remain sixth in Africa
-
Sports4 days ago
NPFL club name Iorfa new GM
-
Sports4 days ago
NNL abolishes playoffs for NPFL promotion
-
Sports4 days ago
NSF: Early preparations begin for 2026 National Sports Festival
-
Sports4 days ago
Kwara Hopeful To Host Confed Cup in Ilorin
-
Sports4 days ago
RSG Award Renovation Work At Yakubu Gowon Stadium
-
Politics4 days ago
Rivers Assembly Resumes Sitting After Six-Month Suspension