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First Bank, Rotary Empower 102 Beneficiaries With N20m Start-Up Kits

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First Bank, Rotary Empower 102 Beneficiaries With N20m Start-Up Kits—-The First Bank of Nigeria Limited, with Rotary Club International, District 9110, has distributed N20 million worth start-up kits to 102 beneficiaries in Lagos to empower them across various trades.

The News Agency of Nigeria (NAN) reports that start-up kits distributed included: grinding machines, plumbing kits, deep freezers, sewing machines, generators, gas burners and cylinders, barbers and hairdressers kits, among others.

NAN further reports that the community intervention project had beneficiaries from the three major ethnic groups in Nigeria drawn from Lagos, Ogun and Oyo states.

Mrs Helen Ihonre, Unit Head, Other SME Products e-Business and Retail, FirstBank, during the presentation, offered insights on financial management and economic discipline. She emphasised the importance of maintaining records and accessing low-interest loans to support business growth and expansion.

She urged beneficiaries to prioritise saving from the inception of their businesses, while discouraging them from keeping funds at home, which might lead to misuse. “Start saving from the beginning of your business. Don’t wait till you sell then keep the money in your house”, she said.

Rotary District 9110 Governor, Ifeyinwa Ejezie, spoke on the significance of economic empowerment in Rotary’s initiatives and called for government collaboration to reach grassroots communities effectively. She emphasised the role of Rotary in complementing government efforts and stressed the need for recognition and partnership to enhance community development. She added that the N20 million items distributed were the largest the district had done in one empowerment initiative in recent times.

Bukola Bakare, Rotary International District Governor Nominee Designate, explained the process and challenges of raising funds for the project and how they incorporated Rotary from Singapore to absorb shocks from inflation. She said, “everything that has been given here today is free for the beneficiaries”.

She mentioned that FirstBank was a major sponsor for the project, adding that the 102 beneficiaries were chosen based on a needs analysis from Igbos, Hausa and Yorubas resident in Lagos, Ogun and Oyo states.

“FirstBank is our major supporter for this programme” she said.

Mr Babatunde Adewale, Permanent Board Member, Lagos State Universal Basic Education, lauded the empowerment programme, while reeling out contributions and projects of Rotary International to schools in the state. “We really appreciate Rotary and SUBEB will always continue to collaborate with them,” he said.

Mrs Kemi Kalesanwo, Director, Lagos State Agency for Mass Education, said that 22 out of the 102 beneficiaries were from the agency’s vocational training centres. Kalesanwo said that the state government believed in public, private partnership and was happy with the collaboration with Rotary and FirstBank.

She listed projects donated by Rotary to include construction of one of the eight vocational training centres, owned by the agency in Igbogbo area of Lagos. Kalesanwo, therefore, urged other Nigerians to support government programmes.

Otumba Wemmy Osunde, Chairman, Illisan Development Association, Ogun State, pledged personal commitment to ensuring beneficiaries utilise the items for economic gain. Adekunmi Adeniyi, an industrial gas burner and cylinder beneficiary alongside other beneficiaries expressed gratitude to Rotary International and FirstBank for the initiative. He acknowledged the impact on their respective trades and crafts.

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BREAKING: Manchester City Agree £125m Deal to Sign Enzo Fernández From Chelsea On Deadline Day

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BREAKING: Manchester City Agree £125m Deal to Sign Enzo Fernández From Chelsea On Deadline Day—-Cityzens have reached a British record-equalling agreement with Chelsea for the Argentina international on Deadline Day, with Fernández set to undergo his medical.

Manchester City have agreed a £125 million deal with Chelsea to sign Enzo Fernández in one of the biggest transfers of Deadline Day.

The agreement, reported by Sky Sports and other leading outlets, will see the Argentina international leave Stamford Bridge for the Etihad Stadium in a move that matches the British transfer record previously set by Liverpool’s £125m signing of Alexander Isak.

Fernández is expected to undergo his medical before completing the transfer, with City working against the clock to finalise the deal before the summer transfer window closes.

Maresca Reunites With Fernández

The move will see Fernández reunite with Enzo Maresca, who previously coached him at Chelsea and is now Manchester City’s manager.

Maresca is understood to have been a major driving force behind City’s pursuit of the midfielder as he looks to reshape his squad and strengthen the centre of midfield.

Fernández played an important role during Maresca’s time at Stamford Bridge, helping Chelsea win major silverware before the Italian manager’s move to Manchester.

Chelsea Accept Record Fee

Chelsea signed Fernández from Benfica in January 2023 for approximately £107 million, making him one of the most expensive players in Premier League history at the time.

Just over three years later, Chelsea have agreed to sell the 25-year-old for £125 million, representing a significant return on their original investment.

The Argentine had recently been left out of Chelsea’s squad for successive matches, increasing speculation that his Stamford Bridge future was coming to an end.

City Make Deadline-Day Statement

Manchester City had been pursuing Fernández for much of the summer, but negotiations intensified dramatically as the transfer deadline approached.

Chelsea had previously valued their midfielder at around £120 million and had initially expected him to remain at the club after an earlier deadline for bids passed without a formal offer. However, City’s interest never disappeared, and the two clubs eventually found an agreement on Deadline Day.

The final £125 million package now puts Fernández level with the British transfer record.

Fernández Begins New Chapter

For Fernández, the transfer brings an end to a turbulent period at Chelsea and opens a new chapter under a manager he already knows.

The World Cup-winning midfielder arrived in England with enormous expectations after starring for Argentina and Benfica.

At Manchester City, he will be expected to become a central figure in Maresca’s midfield and help the club compete on multiple fronts.

A Record-Breaking Transfer

The £125 million agreement places Fernández among the most expensive players in football history and makes the Deadline Day transfer one of the biggest stories of the summer window.

City are now racing to complete the remaining formalities, including the medical, before the deadline.

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BREAKING: Tottenham Agree Double Deal With Chelsea for Mudryk and Tosin

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BREAKING: Tottenham Agree Double Deal With Chelsea for Mudryk and Tosin—-Spurs reach agreement with Chelsea for Mykhailo Mudryk and Tosin Adarabioyo, with Mudryk arriving on loan with a £75m option to buy and Tosin joining permanently.

Tottenham Hotspur have struck a double agreement with Chelsea to sign Mykhailo Mudryk and Tosin Adarabioyo as the north London club makes a late push to strengthen its squad.

The deal will see Mudryk join Tottenham on a season-long loan, while the Ukrainian winger’s agreement includes a £75 million option to buy at the end of the loan spell.

Importantly, the £75m clause is not mandatory, meaning Tottenham will have the choice to make Mudryk’s move permanent rather than being obliged to complete the purchase.

Meanwhile, defender Tosin Adarabioyo is set to leave Chelsea on a permanent transfer after the two clubs reached an agreement over his move.

Mudryk Gets Chance to Revive Career

Mudryk’s temporary switch to Tottenham provides the 25-year-old with an opportunity to rebuild his career after a difficult period at Stamford Bridge.

The winger arrived at Chelsea with huge expectations but has struggled to establish himself as a consistent first-team player.

His move to Tottenham could give him regular playing time and the chance to demonstrate the qualities that made him one of Europe’s most highly rated young attackers before his move to England.

The presence of Roberto De Zerbi could also prove important. The Tottenham manager is familiar with Mudryk from their time together at Shakhtar Donetsk and is understood to have played a role in Spurs’ decision to pursue the winger.

£75m Option Gives Spurs Flexibility

A major feature of the agreement is the £75m purchase option included in Mudryk’s loan deal.

Tottenham will not be required to pay the £75m at the end of the season.

Instead, the club will be able to assess Mudryk’s performances throughout the campaign before deciding whether to trigger the option and make his move permanent.

That arrangement gives Spurs flexibility while allowing Mudryk an entire season to prove that he can become a long-term asset for the club.

Tosin Set for Permanent Tottenham Move

While Mudryk’s future will remain open until the end of his loan spell, Tosin is expected to make a permanent move to Tottenham.

The centre-back has agreed personal terms with Spurs and is set to complete the remaining formalities before his transfer is finalised.

Tosin’s departure brings an end to his spell at Chelsea, where competition for places in defence has made regular first-team opportunities increasingly difficult to secure.

Tottenham view the experienced defender as an important addition to their defensive options.

Tottenham Complete Late Chelsea Double Swoop

The agreement represents a significant piece of late transfer-window business for Tottenham.

Spurs have moved quickly to secure both players as they look to strengthen their squad and provide De Zerbi with additional options for the new campaign.

Mudryk’s arrival could add pace and attacking width to Tottenham’s frontline, while Tosin provides additional quality and experience in defence.

With the clubs now having reached agreements, attention turns to completing the remaining formalities and medicals before the transfer window closes.

The Deal at a Glance

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