Business
INVESTORS, PRIVATE SECTOR BACK AMBODE’S TOURISM INITIATIVES
…As Sponsors Queue Up For One Lagos Fiesta
The drive by the Lagos State Government to create a private sector driven tourism economy has earned the full confidence of multinational companies, notable entrepreneurs’ business owners and managers alike across the State.
This was the general consensus at a stakeholders review meeting held with sponsors of the Lagos Street Carnival and the forthcoming end of year eight days One Lagos Fiesta programme to be held across the five divisions of the State.
According to a statement by Mr. Fola Adeyemi, the Permanent Secretary in the Ministry of Tourism, Arts and Culture, the Street Carnival was organized by Heat Limited in conjunction with the Ministry as a private sector driven programme of the State.
He disclosed that sponsors and investors are already lining up for the One Lagos Fiesta including, Guaranty Trust Bank, GLOBACOM, Nigeria Breweries Ltd, Pepsi Nigerian Plc, Access Bank, Dangote Nig. Plc, Multi choice, JMG Generators, Eko Atlantic City, Eko Hotels, South Energy X, among others.
Adeyemi said that aside the fact that the carnival was a private driven initiative and only backed with institutional support by the State Government, the private sector equally provided funds and support to ensure the success of the programme.
He said the quantum of tourism events in the State has taken an upward leap since 2015 with the emergence of the Governor Akinwunmi Ambode Administration and the state policy of project T.H.E.S.E which stands for Tourism, Hospitality, Entertainment and Sport for Excellence.
He recalled that expansion of the former Lagos Countdown event into One Lagos Fiesta, a multi-location event with simultaneous concerts across the five administrative divisions of the state and the huge success recorded, till date has further proven to the private sector that Governor Ambode’s statement that the creative industry hold the key to a booming economy in Lagos was fast becoming a reality.
“The vision of Governor Akinwunmi Ambode to create a platform to support the creative industry has exposed the tourism potentials of the state with a multiplier effect across various sectors of the state economy.
“Smart business owners and investors found it difficult to close their eyes to such monumental business benefits. Lagos State has evolved as the tourism and entertainment hub of the country in the last two years with an average of over 12 crowd pulling tourism, entertainment and sports event in a year,” the Permanent Secretary said.
Adeyemi said that the organized private sector has now taken the marketing advantage derivable in supporting Lagos State tourism initiatives, because of the numerous opportunities available and transparency of Government in managing the funds.
“The overall effect of all this is that it has led to resultant growth in the local economy of the five divisions that serves as the venues of the OLF, increased job creation opportunities, innovations and boost in consumer product sales not only around the event venues but all over the state,” the Permanent Secretary said.
Business
PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
*PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
To prevent any misunderstanding regarding our affiliation with the United Nations, we hereby provide a formal clarification on the status and identity of the United International Peace and Governance Council (UNIPGC), formerly known as IPGC.
UNIPGC is an independent Civil Society Organization and Non-Governmental Organization with continental chapters registered in the United States, Germany, Canada, and several countries across Africa. The organization is committed to promoting the values and principles of the United Nations, particularly in advancing Sustainable Development Goal 16 (Peace, Justice, and Strong Institutions), as well as advocating for good governance globally.
In furtherance of its mandate, UNIPGC has established partnerships with reputable diplomatic civil society organizations, including the United Nations Association of Nigeria and the United Nations Association of Ghana. These collaborations are aimed at strengthening its engagement with initiatives aligned with United Nations ideals.
Additionally, UNIPGC has entered into diplomatic relations with the International Organization for Economic Development (IOED), an Intergovernmental Organization (IGO), to enhance its capacity for international cooperation and diplomatic engagement.
We wish to clearly state that UNIPGC is **not** an entity, agency, or organ of the United Nations.
Members of the public and media practitioners are respectfully advised to refer to the organization by its full and correct name: **United International Peace and Governance Council (UNIPGC)**, and not as the United Nations.
Thank you.
Business
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz, one of Nigeria’s foremost comedy and live entertainment brands, is pleased to announce its official partnership with First Bank of Nigeria Limited for the highly anticipated Laffmattazz 2026 International Tour, themed “Next Chapter: A New Season of Laughter.”
Now in its 15th year, Laffmattazz—the brainchild of renowned Nigerian comedian Gbenga Adeyinka (Gbenga Adeyinka 1st)—has evolved into a cultural phenomenon, celebrated for its seamless fusion of comedy, music, and live stage performances.
The 2026 tour, which kicked off on Easter Sunday, April 5th, 2026 at the Jogor Centre, Ibadan, marks a significant milestone in the brand’s journey. Building on over a decade of success across Nigeria, this year’s edition signals a bold expansion into the international market, with a multi-city run in Canada, alongside major stops in Akure, Abeokuta, and Lagos.
This strategic partnership with First Bank of Nigeria Limited underscores a shared commitment to excellence and innovation. It is also aligned with FirstBank’s First@Arts initiative—a significant and ongoing program dedicated to supporting the creative arts, entertainment, and cultural sectors. Through this initiative, FirstBank provides financing, advisory services, and actively fosters a sustainable value chain for artists and creative entrepreneurs, while supporting key industry platforms such as the Nigerian Entertainment Conference.
Speaking on the collaboration, the Laffmattazz team stated:
“We are delighted to welcome First Bank of Nigeria Limited as a strategic partner for the Laffmattazz 2026 International Tour. As we mark 15 remarkable years of Laffmattazz, this partnership reinforces our vision to take premium Nigerian entertainment beyond borders, while delivering even bigger, better, and more memorable experiences for our audiences.”
As a key partner, First Bank will enrich the tour through innovative customer engagement initiatives, experiential activations, and exclusive fan experiences across all tour locations.
With its distinctive blend of humor, culture, and live entertainment, the Laffmattazz 2026 Tour is poised to connect audiences across cities and continents, bringing laughter to thousands of fans worldwide.
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About Laffmattazz
Laffmattazz is a premier Nigerian comedy and entertainment brand, now in its 15th year, renowned for its vibrant live shows and nationwide tours. Founded by Gbenga Adeyinka 1st, the brand continues to deliver high-quality experiences that celebrate creativity, culture, and laughter.
About First Bank of Nigeria Limited
First Bank of Nigeria Limited is Nigeria’s oldest financial institution, widely respected for its legacy of trust, innovation, and customer-centric financial solutions that support economic growth and development. Through its First@Arts initiative, the Bank continues to play a pivotal role in empowering the creative industry and driving sustainable growth across the sector.
Business
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
Anyone who has tried to get a loan to buy a house in Nigeria knows the drill: endless forms, property valuation, and eventual down payment of a minimum 25% or more on the property. Sometimes, interest rates could go as high as 30% per annum, while the typical loan limit is N50 million.
Now, FirstBank is making homeownership more attractive.
FirstBank, in partnership with the Ministry of Finance Incorporated (MOFI), has introduced the MREIF Home Loan. MREIF loan is a game-changer, offering a single-digit interest rate of 9.75% per annum, with a loan amount of up to ₦100 million and a repayment period of up to 20 years. This is perfect for salaried individuals, including Nigerians in the diaspora, looking to purchase homes in approved locations.
The MREIF loan stands out with its lower interest rate, higher loan amount, and flexible equity contribution as low as 10%. This makes it an attractive option for those seeking affordable homeownership.
You are one quick decision away from being a landlord.
If you’ve been waiting for the right time to buy a home, FirstBank’s MREIF Home Loan is the smartest route to owning property in Nigeria today. Visit the FirstBank website https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/ to get started.
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