Events

Mutual Trust MFBank gives back with festive food drive

Published

8 months ago

January 4, 2024

Christmas, known as the season of good cheer, took a gloomy turn for many Nigerians this year as the rising cost of festive essentials casts a shadow over celebrations. With higher prices impacting everything from food and drink to gift items, Nigerian households grappled with increased financial strain.

The costs of basic necessities essential for a joyful Christmas celebration have surged, with families having to allocate more of their budgets to food, beverages, clothing, shoes, and transportation.

According to the National Bureau of Statistics (NBS), Nigeria’s headline inflation rate for November 2023 stood at 28.2 percent, marking the 11th consecutive month of inflationary increases. This rate is the highest recorded since July 2005, spanning over 18 years. A previous NBS report on the Customer Price Index for October also revealed a rise in the headline inflation rate to 27.33 percent, up from September’s 26.72 percent.

With these economic challenges looming large, many Nigerian families face the prospect of a less-than-merry Christmas and New Year celebration due to the surge in the prices of goods and services.

In a heartwarming response to this growing concern, Mutual Trust MFBank Limited, a Nigerian microfinance bank headquartered in Abuja, organized a one-day feeding initiative as part of its corporate social responsibility (CSR) program. This initiative aimed to provide underprivileged individuals and families with various packages of food and water to brighten their festive season.

The bank collaborated closely with local partners to identify those in need, ensuring the initiative reached the most deserving beneficiaries.

Addressing attendees at the event, Josh Oyebisi, managing director/CEO of Mutual Trust MFBank Limited, characterized the Feeding Initiative project as a crucial component of the bank’s CSR mission to give back to the community.

“The Mutual Trust MFBank Feeding Initiative is a CSR endeavor that seeks to support vulnerable members of society and alleviate hunger, especially during this festive season,” he stated. “We hope that this initiative will make a meaningful difference in the lives of people who are struggling to put food on their tables for themselves and their families.”

The bank’s feeding initiative received widespread commendation from local community leaders and beneficiaries, including widows, children, and elderly men.

Speaking at the event, Gbenga Adetola, the Chief Corporate Services Officer of Mutual Trust MFBank Limited, emphasized the vital importance of the initiative as a service to humanity. “Numerous individuals are grappling with the challenge of putting food on the table during the festive season,” he noted. “The bank’s feeding initiative is just one of the ways in which we are giving back to the community. Our bank also actively supports various charitable organizations, including schools, hospitals, and orphanages.”

Mutual Trust MFBank’s CSR program constitutes a significant part of its overarching mission, reflecting the institution’s commitment to improving the community. The bank firmly believes in its responsibility to contribute to the betterment of society, and its feeding initiative stands as a testament to this enduring commitment.

As Nigerians grapple with the economic hurdles posed by inflation, acts of goodwill like the one organized by Mutual Trust MFBank are a beacon of hope, bringing warmth and joy to those in need during the festive season.

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Events

Grand canyon national park sees 16th fatality of 2024

Published

18 hours ago

September 12, 2024

Lanre

Grand Canyon National Park Fatality September 2024

A 71-year-old boater’s body was recovered from Grand Canyon National Park, marking the 16th fatality of the year. The National Park Service is investigating.

Grand Canyon National Park has reported its 16th fatality of the year with the recovery of a 71-year-old boater’s body on Tuesday.

The individual, who was on a private boat trip, went missing after others in the group noticed his absence. The missing man was last seen around Lower Nankoweap Camp, located approximately 53 miles (85 kilometers) from the trip’s starting point.

Also read: Sanwo-Olu unveils Ashimolowo’s N6bn Makarios Aquatic Park

The group contacted the park’s communications centre late on Monday to report his disappearance, noting that he had left behind his hat and water bottle.

Park rangers deployed a helicopter to search for the missing boater, eventually locating the body about 10 miles (16 kilometers) downstream.

The National Park Service and Coconino County medical examiner’s office are investigating the circumstances surrounding this death, as well as the recent passing of a 59-year-old Colorado man who was found dead on a Colorado River rafting trip over the weekend.

Events

Lagos aviation academy produces IATA best performer 2024 in Nigeria

Published

18 hours ago

September 12, 2024

Lanre

Lagos Aviation Academy IATA Best Performer 2024

Lagos Aviation Academy celebrates producing the International Air Transport Association (IATA) Best Performer in the Nigeria travel and tourism exam for July 2024, marking its fifth win.

The Lagos Aviation Academy (LAA) is celebrating a significant achievement after producing the International Air Transport Association (IATA) Best Performer in Nigeria’s travel and tourism examination for July 2024.

The prestigious IATA Best Performer Award is presented annually to recognise exceptional academic performance in aviation training. This marks the fifth time the academy has produced a top student in this category.

Also read: Lagos ranked 6th best city for nightlife in 2024 by time out magazine

During a press briefing at LAA’s new Lagos location, Bolaji Durojaiye, the academy’s Head of School, expressed pride in the student’s outstanding performance.

He emphasised that this achievement reflects the institution’s dedication to delivering world-class training and its contribution to the future of aviation in Nigeria and beyond.

Oluwafisayomi Layo-Olayemi, the 2024 Best Performer, credited LAA for its quality instruction and strong support system, which helped her excel in the examination.

She praised the academy for its affordability and the opportunities it provides to advance her career in aviation.

This milestone reaffirms Lagos Aviation Academy’s position as a leading institution in aviation training, shaping the next generation of professionals in the travel and tourism sector.

Events

Promise land festival 2024: Nigerian stars set to headline in October

Published

18 hours ago

September 12, 2024

Lanre

The Promise Land Festival 2024, held from 4th to 6th October, will feature Nigerian Afrobeat stars like Rema, Asake, and Omah Lay, along with global artists in a vibrant musical celebration.

The Promise Land Festival 2024, a highly anticipated international music event, will take place from the 4th to the 6th of October at Doug Jennings Park.

This multi-genre festival promises to deliver a rich blend of music from various continents, showcasing culturally diverse and invigorating performances.

Also read: World Culture Day: Ahiajoku, Ozuruimo festivals’ll be revived, says Egemba

Nigerian Afrobeat stars are set to lead the charge, with Rema performing on the second day alongside Jorja Smith, Miguel, and Fiji.

The closing day will see performances from Asake and Omah Lay, who will share the stage with rap legend Busta Rhymes.

The festival’s exciting lineup also includes Nigerian artists such as The Compozers, Sarz, Seyi Vibez, Shallipopi, Tiwa Savage, Victony, Ruger, and BNXN.

Additionally, other African talents like Black Sherif, King Promise, DBN Gogo, Major League DJz, Young Stunna, and Uncle Waffles will bring their unique sounds to the festival, further amplifying its global appeal.

Promise Land Festival is a celebration of diverse music cultures, uniting sounds from different continents for a spectacular three-day experience.