# Jordan FM

> Jordan 105.5Fm


## Posts

- [LEADERSHIP MUST BEGN FROM WITHIN – AKINLARA BABALOLA](https://jordan105fm.com/2026/02/04/leadership-must-begn-from-within-akinlara-babalola/): &nbsp; Safety professionals have called for a renewed and deliberate recalibration of safety culture in Lagos State and across Nigeria, stressing that sustainable safety outcomes must be driven by leadership that begins from within organisations and institutions. The call was made by safety expert and consultant to the Lagos State Safety Commission (LSC), Mr. Akinlara Babalola, Managing Director of Green Lantern Services, at the maiden edition of the Lagos Safety Outlook 2026, themed “Leading from Within”, held at the Providence Hotel, Ikeja, Lagos. Babalola reaffirmed the Lagos State Government’s renewed commitment to maintaining global best practices in the protection of [&hellip;]
- [LAGOS STATE SAFETY COMMISSION DEBUNKS BRIBERY ALLEGATION IN VIRAL VIDEO](https://jordan105fm.com/2025/10/31/lagos-state-safety-commission-debunks-bribery-allegation-in-viral-video/): &nbsp; The attention of the Lagos State Safety Commission has been drawn to a viral video circulating on social media in which one Mariam Bunmi claims to be a staff of the Commission and is alleged to have collected a bribe from unsuspecting members of the public in the Oworonshoki area of Lagos State. In a release signed by Mrs. Adewunmi Okoh, the Commission’s Director Public Affairs the Commission dissociated itself completely from this individual and her alleged actions. “We wish to categorically state that the said Mariam Bunmi is NOT and has never been an employee of the Lagos [&hellip;]
- [Russia Legalizes Cryptocurrency for Global Trade Settlements](https://jordan105fm.com/2025/10/23/russia-legalizes-cryptocurrency-for-global-trade-settlements/): In a groundbreaking policy shift, Russia has officially legalized the use of cryptocurrencies for international trade settlements — a move seen as an effort to bypass Western sanctions and sustain global commerce. The country’s Finance Ministry and Central Bank jointly agreed to develop a permanent legal framework that allows businesses to use digital currencies in cross-border transactions under strict government oversight. Finance Minister Anton Siluanov confirmed the decision following a successful pilot program conducted in September 2025. He explained that the policy would enable Russian companies to conduct trade with friendly nations without relying on the SWIFT network or other [&hellip;]
- [NNPC Records ₦380 Billion Revenue Decline in September](https://jordan105fm.com/2025/10/23/nnpc-records-%e2%82%a6380-billion-revenue-decline-in-september/): The Nigerian National Petroleum Company Limited (NNPC) has reported a significant revenue shortfall of ₦380 billion for September 2025, signaling a downturn from ₦4.65 trillion in August to ₦4.27 trillion in total earnings. According to the corporation’s monthly financial report, profit after tax also dropped sharply from ₦539 billion to ₦216 billion, largely due to reduced crude oil and condensate production. Average production fell from 1.65 million barrels per day to 1.61 million, while gas output and sales also declined. NNPC attributed the dip to scheduled maintenance operations and delays in asset recovery across key facilities. Despite the setbacks, the [&hellip;]
- [FG Seeks UN Backing for $10 Billion Humanitarian Fund](https://jordan105fm.com/2025/10/23/fg-seeks-un-backing-for-10-billion-humanitarian-fund/): The Federal Government has appealed to the United Nations to help secure a $10 billion long-term humanitarian funding package aimed at addressing Nigeria’s deepening humanitarian crises, particularly those affecting internally displaced persons (IDPs). Minister of Budget and Economic Planning, Senator Abubakar Bagudu, made this known during a roundtable discussion in Abuja. He stated that existing donor grants were no longer sufficient to sustain humanitarian operations, hence the need to explore capital markets for sustainable funding mechanisms at a 4% interest rate. Bagudu said the government’s Renewed Hope Ward-Based Development Plan and SOLID Initiative are designed to drive inclusive economic growth [&hellip;]
- [Nigeria Targets Zero Gas Flaring by 2030 — NUPRC Unveils Commercialization Strategy](https://jordan105fm.com/2025/10/23/nigeria-targets-zero-gas-flaring-by-2030-nuprc-unveils-commercialization-strategy/): Nigeria is taking decisive steps toward ending gas flaring by the year 2030, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The Commission’s Chief Executive, Engr. Gbenga Komolafe, reaffirmed the target while addressing participants at the International Conference on Hydrocarbon Science and Technology. Represented by Dr. Kelechi Onyekachi Ofoegbu, Komolafe explained that the NUPRC’s gas commercialization initiatives are designed to capture and utilize flared gas for power generation, industrial use, and clean cooking. This move, he said, aligns with Nigeria’s broader energy transition agenda and its commitment to reducing carbon emissions. He emphasized that sustainable governance of natural resources [&hellip;]
- [LAGOS COMMITTED TO BUILDING SAFER, HEALTHIER, MORE RESILIENT STATE](https://jordan105fm.com/2025/10/09/lagos-committed-to-building-safer-healthier-more-resilient-state/): &nbsp; WELCOME ADDRESS OF THE LAGOS STATE HONOURABLE COMMISSIONER FOR SPECIAL DUTIES AND INTERGOVERNMENTAL RELATIONS AT THE YEAR 2025 LAGOS STATE OCCUPATIONAL SAFETY AND HEALTH CONFERENCE HELD ON TUESDAY, 7TH OCTOBER, 2025 AT THE ORIENTAL HOTEL, VICTORIA ISLAND, LAGOS. PROTOCOLS……. It is with great pleasure and a deep sense of responsibility that I warmly welcome you all today to the Y2025 Lagos State Occupational Safety and Health Conference. As we gather for the third edition, this conference remains a very important platform for key stakeholders committed to building a safer, healthier and more resilient Lagos. The theme of this year’s [&hellip;]
- [LAGOS STATE SET TO HOST LASOSH CONFERENCE 2025](https://jordan105fm.com/2025/10/03/lagos-state-set-to-host-lasosh-conference-2025/): &nbsp; The Lagos State Safety Commission (LSC) is set to host the Lagos State Occupational Safety and Health (LASOSH) Conference 2025, where global leaders, policymakers, and industry stakeholders will converge for the the Conference. With “Occupational Safety and Health (OSH) as a Catalyst for Nation Building,” as the Conference’s theme, the landmark event will take place on Tuesday, October 7, 2025, at the Lagos Oriental Hotel, Victoria Island, beginning at 10:00 AM. The LASOSH Conference 2025 comes at a defining moment in Lagos State’s development journey. With rapid urbanization, industrial expansion, and rising population density, the state faces complex safety [&hellip;]
- [JORDAN FM TEAM VISITS RMRDC, SEEKS LOCAL CONTENTS COLLABORATION](https://jordan105fm.com/2025/09/19/ceo-of-jordan-105-5fm-dr-lanre-johnson-left-with-the-dg-of-rmrdc-prof-nnanyelugo-m-ike-muonsowas-in-his-office-in-abuja/): A team from Jordan 105.5Fm led by the CEO, Dr. Lanre Johnson, was at the office of the Raw Materials Research and Development Council, to present to the Council the Local Content Development and Clustering initiative. The team was received by RMRDC&#8217;s DG, Prof Nnanyelugo M. Ike-Muonso and his team, at the Council&#8217;s office in Abuja on Thursday 18 September, 2025.
- [Federal Government Suspends Controversial 4% Import Duty Levy](https://jordan105fm.com/2025/09/16/federal-government-suspends-controversial-4-import-duty-levy/): The Federal Government has suspended the 4% Free-On-Board (FOB) Import Duty Levy recently introduced by the Nigeria Customs Service, following a wave of criticism from importers, manufacturers, and economic experts. The announcement was made on Monday, September 15, 2025, by Wale Edun, the Minister of Finance and Coordinating Minister of the Economy. He explained that the suspension was a response to public concerns about the levy’s negative impact on prices, investment inflows, and Nigeria’s overall economic competitiveness. The levy — calculated as 4% of the value of goods being imported — was originally introduced as a way to boost government [&hellip;]
- [Lagos State Government Trains BRT Drivers on Road Safety](https://jordan105fm.com/2025/08/25/lagos-state-government-trains-brt-drivers-on-road-safety/): Lagos State Safety Commission (LSC) in conjunction with Lagos Bus Service Limited (LBSL) has organized a comprehensive training programme for drivers of the Lagos Bus Service Limited (LBSL), popularly known as BRT Captains. The training, held at the LBSL headquarters in Oshodi, Lagos, was themed “The Mind Behind the Wheel” focused on improving drivers’ knowledge of road safety practices, emergency response, and accident-prevention mechanisms. Declaring the programme open, the Director-General of the Safety Commission, Mr. Lanre Mojola, noted that global reports and local statistics consistently show that over 75 percent of road accidents are caused by human error. He emphasized [&hellip;]
- [Federal Government to raise N200bn via bond auction](https://jordan105fm.com/2025/08/22/federal-government-to-raise-n200bn-via-bond-auction/): The Debt Management Office (DMO) has announced plans to raise N200 billion through a bond auction. The offering includes the reopening of the June 2032 bond at 17.95% and a new five-year FGN AUG 2030 bond. The auction takes place Monday, with settlement on Wednesday. Minimum subscription is pegged at N5,000, with semi-annual interest payments. Earlier this month, the DMO floated two- and three-year bonds offering up to 15.401% interest. Investor appetite remains strong, as seen in the July auction which recorded 109 bids. Despite marginal allotment rates being lower, original coupon rates of 19.30% and 17.95% will be maintained. [&hellip;]
- [ASUP threatens strike after 21-day ultimatum](https://jordan105fm.com/2025/08/22/asup-threatens-strike-after-21-day-ultimatum/): The Academic Staff Union of Polytechnics (ASUP) has given the Federal Government a 21-day ultimatum, threatening to embark on a nationwide strike if long-standing demands remain unresolved. &nbsp; ASUP Zone B Coordinator, Innocent Simji, announced this after an emergency NEC meeting held on August 14 in Bauchi. &nbsp; The issues raised include unpaid salary arrears, non-implementation of promotion and allowances, neglect of state-owned polytechnics, and continued marginalisation of HND holders. &nbsp; The union also condemned the outsourcing of quality assurance, poor infrastructure funding, and interference in union activities. &nbsp; If the government fails to meet the demands, academic staff across [&hellip;]
- [Nigeria, Benin sign MoU to strengthen grassroots border cooperation](https://jordan105fm.com/2025/08/22/nigeria-benin-sign-mou-to-strengthen-grassroots-border-cooperation/): Nigeria and the Republic of Benin have signed a historic Memorandum of Understanding on August 18, 2025, to strengthen collaboration between local governments and traditional authorities along their shared border. The grassroots-focused agreement, aligned with AU and ECOWAS frameworks, seeks to tackle cross-border crimes, boost economic development, and revive cultural ties disrupted by colonial-era boundaries. &nbsp; Signed under the Nigeria–Benin Cross-Border Cooperation Agreement, it empowers border communities and traditional rulers to play major roles in security, trade, and dispute resolution. &nbsp; Implementation begins immediately, with pilot programmes set to launch in areas such as security, agriculture, and cultural exchange.
- [The Nigerian Society of Engineers, Ikeja Branch Announces Engineering Week long Programme: "21st Century Innovation in Blue Economy: Panacea for Sustainability and National Development"](https://jordan105fm.com/2025/08/18/the-nigerian-society-of-engineers-ikeja-branch-announces-engineering-week-long-programme-21st-century-innovation-in-blue-economy-panacea-for-sustainability-and-national-development/): The Nigerian Society of Engineers (NSE), Ikeja Branch, is excited to announce its weeklong engineering programme scheduled from Sunday, August 17, 2025, to Friday, August 22, 2025. Themed 21st Century Innovation in Blue Economy: Panacea for Sustainability and National Development,&#8221; this event will explore how engineering can play a crucial role in fostering sustainable national development through Blue Economy innovation. The programme aims to bring together engineers, industry leaders, policy makers, and the community to engage in insightful discussions, hands-on activities, and collaborative efforts that promote the advancement of engineering in Nigeria. Programme Details: Sunday, August 17: Thanksgiving Service The [&hellip;]
- [US Threatens Higher Tariffs on India if Trump-Putin Talks Fail](https://jordan105fm.com/2025/08/14/us-threatens-higher-tariffs-on-india-if-trump-putin-talks-fail/): US Treasury Secretary Scott Bessent warned that additional tariffs could be imposed on India if President Donald Trump’s meeting with Russian President Vladimir Putin in Anchorage, Alaska, on Friday fails to yield progress on a Ukraine ceasefire. &nbsp; The US has already imposed a 50% tariff on Indian imports, including a 25% penalty for India’s purchase of Russian oil and weapons, which constitute 35-40% of its oil imports in 2024, up from 3% in 2021. &nbsp; Bessent urged European nations to support these sanctions, criticizing their reluctance. &nbsp; India’s reliance on discounted Russian crude has strained US-India relations, complicating trade [&hellip;]
- [New Hampshire Capital Sets New Meter Prices for Ikeja Electric Customers](https://jordan105fm.com/2025/08/14/new-hampshire-capital-sets-new-meter-prices-for-ikeja-electric-customers/): New Hampshire Capital, a key Meter Asset Provider, has introduced new pricing for prepaid meters under the Meter Asset Provider (MAP) scheme for Ikeja Electric customers. &nbsp; &nbsp; Effective from August 6 to October 6, 2025, single-phase meters are priced at N124,000, and three-phase meters at N215,000, both inclusive of installation costs. &nbsp; Oluwakemi Omirin, the company’s Chief Operations Officer, emphasized the move as a step toward closing Nigeria’s metering gap, offering durable and accurate meters for transparent electricity monitoring. &nbsp; Having installed over 190,000 meters, the firm ensures quality installation and post-installation support. &nbsp; Customers are directed to Ikeja [&hellip;]
- [Nigeria Commits to Reviving Steel Sector for Economic Growth](https://jordan105fm.com/2025/08/14/nigeria-commits-to-reviving-steel-sector-for-economic-growth/): President Bola Tinubu’s administration has pledged to restore Nigeria’s struggling steel industry, targeting the revival of key facilities like the Ajaokuta Steel Company and National Iron Ore Mining Company in Itakpe. &nbsp; Announced at the National Steel Stakeholders’ Summit in Abuja, the initiative aims to produce 10 million tonnes of liquid steel by 2030, create 500,000 jobs, and reduce the $4.5 billion annual steel import bill. &nbsp; The government is auditing the Ajaokuta plant and seeking partnerships, particularly with China, due to complications with Russian collaborators. &nbsp; Tinubu, represented by Vice President Kashim Shettima, underscored the sector’s revival as vital [&hellip;]
- [Tinubu Directs FIRS, Customs to Reform Revenue Practices for Economic Growth](https://jordan105fm.com/2025/08/14/tinubu-directs-firs-customs-to-reform-revenue-practices-for-economic-growth/): President Bola Tinubu has ordered a review of revenue deductions by agencies like the Federal Inland Revenue Service (FIRS), Nigeria Customs Service, and NNPC to increase public savings and drive economic growth. &nbsp; &nbsp; Announced at the Federal Executive Council meeting, the directive targets inefficiencies, including NNPC’s 30% management and exploration fees. &nbsp; Finance Minister Wale Edun, leading the review, said it supports Nigeria’s $1tn economy goal by 2030, requiring 7% annual growth from 2027. &nbsp; Tinubu highlighted ongoing reforms boosting investor confidence and the Renewed Hope Ward Development Programme to reduce poverty nationwide. &nbsp; A $125m Islamic Development Bank [&hellip;]
- [Federal Government unveils new counter-terrorism strategy](https://jordan105fm.com/2025/08/12/federal-government-unveils-new-counter-terrorism-strategy/): The Federal Government has unveiled plans to enhance interagency coordination and deepen community engagement as central pillars of the revised National Counter-Terrorism Strategy 2025. At a validation workshop in Abuja, National Coordinator of the National Counter-Terrorism Centre, Major General Adamu Laka, emphasized the strategy’s focus on a whole-of-government and whole-of-society approach, incorporating prevention, resilience, and inclusivity. The review, which began in February, included broad stakeholder consultations to ensure the strategy is practical and aligns with global standards. Director of Policy and Strategy, Commodore Ahmad Madawaki, highlighted the importance of grassroots participation and international cooperation in effectively combating terrorism.
- [US and China Extend 90-Day Trade Deal to Avoid Tariff Hikes](https://jordan105fm.com/2025/08/12/us-and-china-extend-90-day-trade-deal-to-avoid-tariff-hikes/): In a move aimed at easing trade tensions, the United States and China have agreed to extend their trade agreement by another 90 days, averting potentially damaging tariff hikes that could have worsened the global economic slowdown. The decision, announced on August 11, 2025, followed an executive order signed by President Donald Trump, keeping US tariffs on Chinese imports at 30%—while China maintains its tariffs on US goods at 10%. Without the extension, these tariffs were set to surge to 145% and 125%, respectively. The current truce stems from negotiations in Geneva earlier this year, where both sides agreed to [&hellip;]
- [Federal Government Bolsters Food Security with Jangwa Rice Farm Initiative](https://jordan105fm.com/2025/08/12/federal-government-bolsters-food-security-with-jangwa-rice-farm-initiative/): The Federal Government has reiterated its commitment to strengthening Nigeria’s food security, promoting economic diversification, and creating employment opportunities—particularly for youth and women—through large-scale agricultural development. Speaking during a visit to the 1,300-hectare Jangwa Rice Farm in Awe Local Government Area of Nasarawa State, the Minister of Agriculture and Food Security, Senator Abubakar Kyari, outlined the project’s strategic importance. According to him, the initiative is not just about boosting rice production—it is also a cornerstone of Nigeria’s plan to reduce reliance on imported food, save foreign exchange, and stimulate rural economies. The Jangwa Rice Farm, a public-private partnership involving the [&hellip;]
- [Tinubu Appoints Olumode Samuel Adeyemi as New Fire Service Controller-General](https://jordan105fm.com/2025/07/30/tinubu-appoints-olumode-samuel-adeyemi-as-new-fire-service-controller-general/): President Bola Tinubu has approved the appointment of Deputy Controller-General Olumode Samuel Adeyemi as the new Controller-General of the Federal Fire Service, effective August 14, 2025. This appointment follows the imminent retirement of the current Controller-General, Engr. Abdulganiyu Jaji Olola, on August 1, 2025. &nbsp; Background of the New Appointed Olumode Samuel Adeyemi brings a wealth of experience to his new role, having transferred his service from the FCT Fire Service to the Federal Fire Service and grown to the rank of Deputy Controller-General of Fire in the Human Resource Directorate of the Service Headquarters. He has attended and passed [&hellip;]
- [Federal Govt Cracks Down on MDAs Over 300% Surge in Imprest Claims](https://jordan105fm.com/2025/07/30/federal-govt-cracks-down-on-mdas-over-300-surge-in-imprest-claims-2/): The Federal Government has launched a stringent crackdown on Ministries, Departments, and Agencies (MDAs) following a 308% surge in imprest and cash advance disbursements. The Accountant-General&#8217;s Office has issued circulars capping quarterly imprest and cash advances, citing widespread abuse and unretired funds. &nbsp; Key Features of the Crackdown &#8211; *Capping of Imprest and Cash Advances*: The government has imposed a cap on quarterly imprest and cash advances to prevent abuse and ensure responsible financial management. &#8211; *New Guidelines*: The Accountant-General&#8217;s Office has issued new guidelines for imprest and cash advances, emphasizing the need for transparency and accountability. &#8211; *Consequences for [&hellip;]
- [Lawmaker Urges Calm After Elephants Kill Farmer in Ogun](https://jordan105fm.com/2025/07/30/lawmaker-urges-calm-after-elephants-kill-farmer-in-ogun/): A lawmaker has urged calm after a 49-year-old farmer was killed by a herd of six elephants in Ogun State. The lawmaker, Waliu Ifedolapo, described the incident as “deeply unfortunate” and called for the government and wildlife agencies to investigate and implement measures to manage human-wildlife conflicts. &nbsp; Details of the Incident &#8211; *Farmer&#8217;s Death*: The farmer, Musa Kalamu, was killed by the elephants in Itasin, Ogun State, sparking concerns about human-wildlife conflicts in the area. &#8211; *Community Reaction*: The community is understandably shaken by the incident, and the lawmaker is working to ensure that residents remain calm and cooperative. [&hellip;]
- [Lagos Police Arrest Couple, Woman with Illegal Pistol in Ipaja](https://jordan105fm.com/2025/07/30/lagos-police-arrest-couple-woman-with-illegal-pistol-in-ipaja/): The Lagos State Police Command has arrested a couple and another woman for unlawful possession of a semi-automatic pistol in Ipaja. Officers from Ipaja Division recovered the firearm during a routine search of the women’s bags. Police spokesperson Benjamin Hundeyin confirmed the arrest, saying one suspect led police to her husband, identified as the firearm’s owner. &nbsp; Key Details of the Arrest &#8211; *Firearm Recovery*: The police recovered a semi-automatic pistol during the search, which is a serious offense under Nigerian law. &#8211; *Arrest of Suspects*: The couple and another woman were arrested and are currently in police custody, undergoing [&hellip;]
- [Tinubu Pledges Equitable Development Across Nigeria’s Regions](https://jordan105fm.com/2025/07/30/tinubu-pledges-equitable-development-across-nigerias-regions/): President Bola Tinubu has assured Nigerians that his administration&#8217;s Renewed Hope Agenda will ensure balanced development across all regions. Speaking at a government-citizen engagement event in Kaduna, Tinubu highlighted key reforms in the economy, security, agriculture, infrastructure, education, and health. &nbsp; Key Features of the Renewed Hope Agenda &#8211; *Equitable Development*: The agenda prioritizes balanced development across all regions, ensuring every part of the country benefits from government initiatives. &#8211; *Economic Reforms*: Tinubu&#8217;s administration has implemented bold reforms to stabilize and grow the economy, including unifying the exchange rate and restructuring debt profiles. &#8211; *Infrastructure Development*: Major projects include the [&hellip;]
- [Federal Govt Cracks Down on MDAs Over 300% Surge in Imprest Claims](https://jordan105fm.com/2025/07/29/federal-govt-cracks-down-on-mdas-over-300-surge-in-imprest-claims/): The Federal Government has launched a stringent crackdown on Ministries, Departments, and Agencies (MDAs) following a 308% surge in imprest and cash advance disbursements. The Accountant-General&#8217;s Office has issued circulars capping quarterly imprest and cash advances, citing widespread abuse and unretired funds. &nbsp; Key Points &#8211; *Surge in Imprest Claims*: The surge in imprest claims has led to a significant increase in government expenditure, prompting the Federal Government to take action. &#8211; *New Financial Restrictions*: The government has imposed new financial restrictions on MDAs, capping quarterly imprest at N700,000 for ministers and cash advances at N10 million for special projects. [&hellip;]
- [Federal Govt, AfDB to Inspect Saglev’s EV Manufacturing Hub in Lagos](https://jordan105fm.com/2025/07/29/federal-govt-afdb-to-inspect-saglevs-ev-manufacturing-hub-in-lagos/): The Federal Government and the African Development Bank (AfDB) will inspect Saglev Electromobility Company Limited&#8217;s electric vehicle manufacturing hub in Lagos. The visits underscore Saglev&#8217;s role in advancing Nigeria&#8217;s green industrialisation and Africa&#8217;s e-mobility transformation. Producing 16 EV models, Saglev promotes local content, job creation, and sustainable transport. &nbsp; Saglev&#8217;s EV Manufacturing Hub &#8211; *Electric Vehicle Production*: Saglev&#8217;s manufacturing hub produces 16 EV models, including ride-hailing cars and BRT buses. &#8211; *Local Content*: The company promotes local content and job creation, contributing to Nigeria&#8217;s economic development. &#8211; *Sustainable Transport*: Saglev&#8217;s electric vehicles offer a sustainable transportation solution, reducing carbon emissions [&hellip;]
- [NCGC and YouthCred Drive Financial Inclusion in Nigeria](https://jordan105fm.com/2025/07/29/ncgc-and-youthcred-drive-financial-inclusion-in-nigeria/): The National Credit Guarantee Company (NCGC) and YouthCred initiative are revolutionizing Nigeria&#8217;s financial landscape by improving access to finance for SMEs, manufacturers, and consumers. The NCGC, with an initial capital commitment of ₦100 billion, aims to unlock access to credit and drive inclusive economic growth. Concurrently, the government launched YouthCred, a CREDICORP-managed initiative providing affordable credit to 400,000 young Nigerians, including NYSC members. &nbsp; Benefits of NCGC and YouthCred &#8211; *Improved Access to Finance*: NCGC and YouthCred aim to improve access to finance for SMEs, manufacturers, and consumers, promoting economic growth and financial inclusion. &#8211; *Reduced Risks*: NCGC&#8217;s credit guarantee [&hellip;]
- [LAGOS STATE MARKS 2025 WORLD DROWING PREVENTION DAY WITH PUBLIC AWARENESS CAMPAIGN ](https://jordan105fm.com/2025/07/28/lagos-state-marks-2025-world-drowing-prevention-day-with-public-awareness-campaign/): LAGOS STATE MARKS 2025 WORLD DROWING PREVENTION DAY WITH PUBLIC AWARENESS CAMPAIGN In commemoration of the 2025 World Drowning Prevention Day, the Lagos State Safety Commission over the weekend hosted a comprehensive awareness programme aimed at curbing incidents of drowning across the state. The event, organized and sponsored by the Commission, drew a diverse audience including students, boat owners, marine engineers, boat operators, fishermen, politicians, community leaders, religious figures, market traders, civil servants, and members of the public. Speaking at the event, the Director-General of the Lagos State Safety Commission, Mr. Lanre Mojola, stated that the programme aligns with the [&hellip;]
- [AT THE 60 BIRTHDAY OF ELDER ADEYANJU OLOWOJOBA ON JULY 26, 2025 AT POWA MULTIPURPOSE HALL, IKEJA GRA, LAGOS.](https://jordan105fm.com/2025/07/26/at-the-60-birthday-of-elder-adeyanju-olowojoba-on-july-26-2025-at-powa-multipurpose-hall-ikeja-gra-lagos/): AT THE 60 BIRTHDAY OF ELDER ADEYANJU OLOWOJOBA ON JULY 26, 2025 AT POWA MULTIPURPOSE HALL, IKEJA GRA, LAGOS.
- [LAGOS, HELP STATION PARTNER ON EMERGENCY RESPONSE FOOD SAFETY TRAINING FYEVENTS AND HOSPITALITY SECTORS](https://jordan105fm.com/2025/07/23/lagos-help-station-partner-on-emergency-response-food-safety-training-fyevents-and-hospitality-sectors/): The Lagos State Government has reaffirmed its commitment to public health and safety with the launch of a two-day training programme focused on emergency response and food safety essentials for stakeholders in the events and hospitality industries. Organized by the Lagos State Safety Commission in collaboration with Help Station, the capacity-building initiative kicked off on Tuesday in Lagos, drawing enthusiastic participation from industry professionals, health experts, and regulatory stakeholders. Speaking at the opening ceremony, the Director General of the Lagos State Safety Commission, Mr. Lanre Mojola—represented by the Head of Events and Hospitality at the Commission, Mrs. Olubunmi Jegede—commended participants [&hellip;]
- [EDO GOVT FIXES LOCAL COUNCIL ELECTIONS FOR 2026](https://jordan105fm.com/2025/07/17/edo-govt-fixes-local-council-elections-for-2026/): The Edo State Independent Electoral Commission (EDSIEC) has fixed local government elections in the state. According to the Chairman of the Commission, Hon. Jonathan Aifuobhokhan, the election will hold on the Saturday 11th July, 2026. &nbsp; Hon. Aifuobhokhan stated this in a press briefing on Wednesday in Benin City, the Edo State Capital. &nbsp; The Commission’s Chairman stated that the conduct of the election was in pursuant to Section 28 (1) of the Electoral Act 2022, Edo State Local Government Electoral Law 2012, and the Edo State Independent Electoral Commission (EDSIEC) Establishment Act (as amended) 2022. &nbsp; Hon. Aifuobhkhan added [&hellip;]
- [Trump Threatens 100% Tariffs on Russia, Pledges Arms for Ukraine](https://jordan105fm.com/2025/07/15/trump-threatens-100-tariffs-on-russia-pledges-arms-for-ukraine/): US President Donald Trump has threatened to impose 100% tariffs on Russia if it doesn&#8217;t end hostilities with Ukraine. He also pledged to supply top-quality weapons, including Patriot missiles, to Ukraine to defend itself against Russian attacks. &nbsp; *Key Highlights:* &#8211; *Tariffs on Russia*: Trump has threatened to impose 100% tariffs on Russia if it doesn&#8217;t end hostilities with Ukraine. &#8211; *Arms for Ukraine*: The US will supply top-quality weapons, including Patriot missiles, to Ukraine. &#8211; *Global Tensions*: The move has escalated global tensions, with potential implications for international trade and security. Implications of Trump&#8217;s Tariff Threat The proposed tariffs [&hellip;]
- [Federal Government Moves to Position South-South as Regional Hub for Commercial Gas Utilization](https://jordan105fm.com/2025/07/15/federal-government-moves-to-position-south-south-as-regional-hub-for-commercial-gas-utilization/): The Federal Government has expressed commitment to making the South-South region a hub for commercial gas utilization due to its huge reserves, infrastructure potential, peaceful investment climate, and readiness of governments and people to partner for development. Ekperikpe Ekpo, Minister of Petroleum Resources (Gas), made this known in an address at the South-South Gas Utilization Forum 2025 held in Uyo, the Akwa Ibom State capital. &nbsp; *Key Highlights:* &#8211; *Gas Utilization*: The South-South region is poised to become a hub for commercial gas utilization, leveraging its vast gas reserves and infrastructure potential. &#8211; *Investment Opportunities*: The region&#8217;s peaceful investment climate [&hellip;]
- [Reps Vow to Tackle $79.4 Million Daily Oil Theft in Nigeria](https://jordan105fm.com/2025/07/15/reps-vow-to-tackle-79-4-million-daily-oil-theft-in-nigeria/): The House of Representatives has reaffirmed its commitment to ending the persistent scourge of crude oil theft, which is costing Nigeria an estimated $79.4 million daily. Deputy Speaker Hon. Benjamin Okezie emphasized the need for enhanced legislative oversight, targeted laws, and support for regulatory agencies to address security challenges in the petroleum sector. &nbsp; *Key Highlights:* &#8211; *Combating Oil Theft*: The House of Representatives has vowed to tackle oil theft, which costs Nigeria $79.4 million daily. &#8211; *Legislative Oversight*: Enhanced legislative oversight is necessary to address security challenges in the petroleum sector. &#8211; *Regulatory Support*: Targeted laws and support for [&hellip;]
- [Nigeria Declares Tuesday, July 15, 2025, as Public Holiday to Honour Late President Muhammadu Buhari](https://jordan105fm.com/2025/07/14/nigeria-declares-tuesday-july-15-2025-as-public-holiday-to-honour-late-president-muhammadu-buhari/): In a show of national respect and mourning, the Federal Government of Nigeria has declared Tuesday, July 15, 2025, a public holiday to honour the late former President Muhammadu Buhari, who passed away on Saturday, July 12, 2025. The announcement was made late Sunday evening by the Minister of Interior, in a statement that described Buhari as “a dedicated patriot, statesman, and servant of the Nigerian people.” This national holiday falls within the seven-day mourning period declared by President Bola Ahmed Tinubu, which began on Sunday, July 13. A Tribute to a Leader Who Wore Two Hats President Muhammadu Buhari [&hellip;]
- [10 THINGS YOU SHOULD KNOW ABOUT THE LATE FORMER PRESIDENT MUHAMMAD BUHARI](https://jordan105fm.com/2025/07/14/10-things-you-should-know-about-the-late-former-president-muhammad-buhari/): Muhammadu Buhari stands as one of the most prominent and polarizing figures in Nigeria’s modern history. His public life spans over five decades, marked by a unique distinction: he is the only Nigerian to have ruled the country both as a military Head of State and as a democratically elected President. From his early military days and role in the Nigerian Civil War to his authoritarian leadership in the 1980s and eventual return to power through the ballot box, Buhari&#8217;s legacy is woven with themes of discipline, anti-corruption, and national security. &nbsp; This article explores ten defining moments and roles [&hellip;]
- [Macron Pushes for Defense Spending Hike](https://jordan105fm.com/2025/07/14/macron-pushes-for-defense-spending-hike/): French President Emmanuel Macron has called for a significant increase in France&#8217;s defense budget to strengthen national security and global influence. The proposed budget hike faces challenges in parliament, where there are ongoing debates about budget disputes and deficit reduction. Macron&#8217;s plan aims to modernize France&#8217;s military and meet NATO commitments amid rising global tensions. &nbsp; *Key Highlights:* &#8211; *Defense Budget Increase*: Macron has called for a 3.5 billion euro increase in France&#8217;s defense budget in 2026 and an additional 3 billion euros in 2027. &#8211; *National Security*: The proposed budget hike aims to strengthen national security and global influence, [&hellip;]
- [FIRS Hosts Conference to Combat Tax Evasion and Illicit Financial Flows](https://jordan105fm.com/2025/07/14/firs-hosts-conference-to-combat-tax-evasion-and-illicit-financial-flows/): The Federal Inland Revenue Service (FIRS) will hold a two-day conference on July 22-23, 2025, in Abuja, to address tax evasion and illicit financial flows (IFFs). The conference aims to devise solutions for enhancing revenue collection and curbing IFFs, particularly from multinational corporations. The event will bring together policymakers, tax administrators, law enforcement agencies, and international experts to discuss strategies for combating tax evasion and IFFs. &nbsp; *Conference Objectives:* &#8211; *Combating Tax Evasion*: The conference will focus on combating tax evasion and IFFs, highlighting the need for effective tax administration and cooperation between governments and multinational corporations. &#8211; *Enhancing Revenue [&hellip;]
- [NESG Chairman Advocates Ethical AI Adoption in Banking Sector](https://jordan105fm.com/2025/07/14/nesg-chairman-advocates-ethical-ai-adoption-in-banking-sector/): Niyi Yusuf, Chairman of the Nigerian Economic Summit Group (NESG), has emphasized the need for responsible and inclusive AI adoption in the banking sector. He highlighted the importance of trust in banking, advocating for explainable, transparent AI systems and local innovation to foster inclusion. According to Yusuf, trust is crucial in banking, and AI systems should be designed to promote transparency and inclusion. &nbsp; *Key Points:* &#8211; *Responsible AI Adoption*: Yusuf emphasized the need for responsible and inclusive AI adoption in the banking sector, ensuring that AI systems are designed to promote transparency and inclusion. &#8211; *Trust in Banking*: Trust [&hellip;]
- [Nigeria and Egypt Strengthen Diplomatic Ties, Cooperation](https://jordan105fm.com/2025/07/14/nigeria-and-egypt-strengthen-diplomatic-ties-cooperation/): Nigeria and Egypt have agreed to enhance their diplomatic relationship and establish a comprehensive partnership aimed at addressing shared challenges and fostering development. The agreement was reached during the third round of political consultations between Yusuf Tuggar, Nigeria’s Minister of Foreign Affairs, and Badr Abdelatty, Egyptian Foreign Minister, in Cairo, Egypt. &nbsp; *Key Highlights:* &#8211; *Comprehensive Partnership*: Egypt and Nigeria have agreed to elevate their relationship to a comprehensive partnership, emphasizing mutual respect for each nation’s unity, sovereignty, and territorial integrity. &#8211; *Economic Cooperation*: The two countries will focus on boosting trade and investment, particularly in agriculture, energy, telecommunications, and [&hellip;]
- [LAGOS STATE SAFTEY COMMISSION SEALS OFF CRANE ACCIDENT SITE, LAUNCHES INVESTIGATION](https://jordan105fm.com/2025/07/14/lagos-state-saftey-commission-seals-off-crane-accident-site-launches-investigation/): The Lagos State Safety Commission has sealed Monterosa Construction site following a serious crane incident which occurred at the site involving crane operations at 7:30a.m. In a release signed by Lagos State Safety Commission’s Mrs. Adewunmi Okoh, DD, Public Affairs, preliminary investigation from officials of the Commission who promptly arrived at the site reveals that the crane operator, one Mr. Rotimi Adesina sustained fatal injuries during the incident and was transported to Evercare Hospital, Lekki Phase 1, where he later died. The site’s Health, Safety, and Environment (HSE) Officer was reported to be attending to the injured operator at that [&hellip;]
- [Trump’s Tariff Threats Spark Global Concerns](https://jordan105fm.com/2025/07/09/trumps-tariff-threats-spark-global-concerns/): US President Donald Trump has reignited tensions with the BRICS nations, threatening to impose a 10% tariff on countries aligning with the bloc&#8217;s &#8220;anti-American&#8221; policies. The Trump administration released tariff letters detailing punitive tariff rates for 14 countries, with tariffs ranging from 25% to 40%. The move has sparked concerns over rising tariffs, trade wars, and the potential disruption of global supply chains. &nbsp; *Tariff Details:* &#8211; *Countries Affected*: 14 countries, including Japan, South Korea, Malaysia, Kazakhstan, and Tunisia, face tariffs ranging from 25% to 40%. &#8211; *BRICS Response*: The BRICS bloc issued a joint statement raising &#8220;serious concerns&#8221; over [&hellip;]
- [Dangote Refinery Cuts Petrol Prices](https://jordan105fm.com/2025/07/09/dangote-refinery-cuts-petrol-prices/): Dangote Refinery and other major fuel distributors in Nigeria have reduced petrol prices following a decline in global crude oil prices. The price drop reflects improved global oil supply stability, benefiting Nigerian consumers. &nbsp; *Price Details:* &#8211; *New Prices*: Petrol is now sold at N875 to N890 per litre in Lagos and Ogun States. &#8211; *Previous Prices*: Prices ranged from N915 to N955 per litre, with some northern regions paying up to N980. *Reasons for the Price Drop:* &#8211; *Global Crude Oil Prices*: A decline in global crude oil prices below $70 per barrel led to the price reduction. &#8211; [&hellip;]
- [CBN Warns of Potential Price Rise](https://jordan105fm.com/2025/07/09/cbn-warns-of-potential-price-rise/): The Central Bank of Nigeria (CBN) has raised concerns that rising input costs across key sectors could spark a new wave of consumer price inflation. According to the CBN&#8217;s June 2025 Purchasing Managers’ Index (PMI) report, businesses are currently absorbing these costs, but this trend is unlikely to be sustainable in the long term. &nbsp; *Key Highlights:* &#8211; *Business Costs*: Rising costs of materials and operations are putting pressure on business profit margins. &#8211; *Economic Growth*: Despite these challenges, the economy is growing, with more activity in farming, industries, and services, especially in agriculture. &#8211; *Potential Consequences*: If businesses can [&hellip;]
- [Federal Government Unveils $32.8 Billion Plan to Transform Nigeria’s Power Sector](https://jordan105fm.com/2025/07/09/federal-government-unveils-32-8-billion-plan-to-transform-nigerias-power-sector/): The Federal Government of Nigeria has launched a $32.8 billion initiative, dubbed Mission 300, to provide electricity to 300 million unserved Africans. Minister of Power, Chief Adebayo Adelabu, announced that $15.5 billion of the investment is expected from the private sector. The plan aims to transition the sector to a cost-reflective tariff system while introducing targeted subsidies to protect vulnerable citizens. &nbsp; *Key Objectives:* &#8211; *Address Market Liquidity Issues*: Resolving the N4 trillion debt owed to power generation companies &#8211; *Expand Transmission Infrastructure*: Upgrading transmission capacity to deliver more power and ensure grid stability &#8211; *Increase Renewable Energy Capacity*: Focusing [&hellip;]
- [NIPOST Vows to Crack Down on Courier Companies Aiding Drug Trafficking](https://jordan105fm.com/2025/07/07/nipost-vows-to-crack-down-on-courier-companies-aiding-drug-trafficking/): The Nigerian Postal Service (NIPOST) has pledged to intensify its efforts to combat the use of courier services for illicit activities, including drug trafficking. In a recent statement, NIPOST&#8217;s Director of Corporate Communications, Franklin Alao, emphasized the agency&#8217;s commitment to regulating the sector with integrity, transparency, and accountability. &nbsp; *Key Highlights:* &#8211; *Crackdown on Illicit Activities*: NIPOST is working closely with security agencies, including the National Drug Law Enforcement Agency (NDLEA), Nigeria Police Force, and Nigerian Customs Service, to investigate and deter the use of logistics channels for narcotics and contraband. &#8211; *Revalidation Process*: All courier operators are undergoing a [&hellip;]
- [NLC to Crack Down on Private Sector Minimum Wage Violations](https://jordan105fm.com/2025/07/07/nlc-to-crack-down-on-private-sector-minimum-wage-violations/): The Nigeria Labour Congress (NLC) is set to intensify enforcement of the N70,000 national minimum wage, targeting non-compliant employers in the private sector. According to Assistant Secretary-General Onyeka Christopher, the NLC has observed significant violations in the unorganized private sector, where some workers earn as low as N15,000 monthly. &nbsp; *Key Highlights:* &#8211; *Private Sector Violations*: The NLC has identified the unorganized private sector as a major concern, with many workers earning below the minimum wage. &#8211; *Public Sector Progress*: While implementation has been better in the public sector, some states have failed to comply fully or implement the law [&hellip;]
- [Electricity Subsidy Obligation Hits N536.4 Billion in Q1 2025](https://jordan105fm.com/2025/07/07/electricity-subsidy-obligation-hits-n536-4-billion-in-q1-2025/): The Federal Government&#8217;s electricity subsidy obligation has reached N536.4 billion in Quarter 1 of 2025, a 64.7 billion naira increase from Quarter 4 of 2024. This amount covers 59.16% of power generation companies&#8217; invoices, exacerbating the government&#8217;s struggle to clear over N4 trillion in debts owed to GenCos. The Nigerian Electricity Regulatory Commission (NERC) has reported that the government&#8217;s subsidy obligation has been increasing. The NERC&#8217;s DisCo Remittance Obligation (DRO) framework ensures subsidies are paid directly to the Nigerian Bulk Electricity Trading Plc (NBET) for GenCos. However, persistent funding gaps and delayed payments continue to strain GenCos&#8217; operations, hindering investments [&hellip;]
- [Nigeria Sets July Summit to Tackle Petrol Pricing Concerns](https://jordan105fm.com/2025/07/04/nigeria-sets-july-summit-to-tackle-petrol-pricing-concerns/): The Federal Government of Nigeria has announced a strategic summit scheduled for July 23–24, 2025, aimed at addressing the ongoing challenges surrounding petrol pricing and distribution. This crucial forum will be hosted by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) as part of the Nigeria Oil and Gas Energy Week. Speaking during the announcement, Francis Ogaree, a senior official at NMDPRA, said the summit is designed to unite stakeholders from across the petroleum industry to engage in discussions on how to stabilize fuel prices and improve market transparency following the removal of fuel subsidies. One of the major [&hellip;]
- [Capital Market Stakeholders Hail ISA 2025 as Catalyst for Nigeria’s $1 Trillion Economy](https://jordan105fm.com/2025/07/04/capital-market-stakeholders-hail-isa-2025-as-catalyst-for-nigerias-1-trillion-economy/): Leaders across Nigeria’s financial sector are celebrating the newly enacted Investment and Securities Act (ISA) 2025, describing it as a transformative legal framework that could propel the country toward a $1 trillion economy. The legislation, passed at the 2025 Annual Business Summit of the Capital Market Solicitors Association (CMSA) in Lagos, has been widely praised for its sweeping reforms and modernization of the capital market At the summit, CMSA Chairman Odiaka Iweze described ISA 2025 as a “platform to reimagine the capital market,” emphasizing its role in promoting innovation and sustainable inclusive growth. His counterpart, Simisola Eyisanmi, noted that the act [&hellip;]
- [Nigerian Football Legend Peter Rufai Dies at 61](https://jordan105fm.com/2025/07/04/nigerian-football-legend-peter-rufai-dies-at-61/): Former Super Eagles goalkeeper Peter Rufai, widely known by his nickname &#8220;Dodo Mayana,&#8221; has passed away at the age of 61. He died in Lagos during the early hours of Thursday, July 3, 2025, following a brief illness. His death was confirmed by ex-international Waidi Akanni, who stated that Rufai’s remains have been transferred to a morgue in Lagos. The Nigeria Football Federation (NFF) expressed deep sorrow over Rufai’s passing, describing him as a giant of Nigerian football. In an emotional tribute shared on X (formerly Twitter), the federation wrote, “Forever in our hearts, Dodo Mayana… Your legacy lives on [&hellip;]
- [Improving Aviation Safety in Nigeria: Challenges and Solutions](https://jordan105fm.com/2025/07/01/improving-aviation-safety-in-nigeria-challenges-and-solutions/): Aviation safety is a critical issue in Nigeria&#8217;s air transport sector, affecting not only passenger confidence but also economic growth and global perception. Despite notable advancements, challenges remain, ranging from air traffic safety and aircraft maintenance to regulatory compliance. &nbsp; The State of Aviation Safety in Nigeria Nigeria&#8217;s aviation sector has witnessed significant progress in recent years, yet ongoing efforts to enhance safety measures continue to present opportunities for improvement. The Nigerian Civil Aviation Authority (NCAA) and industry stakeholders have made strides in addressing safety concerns, but more work is needed to achieve international best practices. Expert Opinion: Strengthening Aviation [&hellip;]
- [Airline Operators Hail Keyamo As ‘God-Sent’ Reviver Of Nigeria’s Aviation Sector](https://jordan105fm.com/2025/07/01/airline-operators-hail-keyamo-as-god-sent-reviver-of-nigerias-aviation-sector/): The Airline Operators of Nigeria (AON) has praised Festus Keyamo, Minister of Aviation and Aerospace Development, as a “God-sent” figure revitalizing Nigeria’s aviation industry. The AON commended Keyamo&#8217;s exceptional dedication to the growth and sustainability of local airlines, citing his hands-on approach since assuming office in August 2023. &nbsp; Key Highlights &#8211; *Reforms and Support*: Keyamo has introduced a five-point reform agenda, focusing on strengthening local airlines. His efforts have led to significant milestones, including the expected receipt of dry-leased aircraft by Nigerian operators. &#8211; *Industry Impact*: The AON credits Keyamo&#8217;s leadership with breathing new life into an industry plagued [&hellip;]
- [HIJRAH HOLIDAY: FG MISSED GOLDEN OPPORTUNITY, FAILED TO ACT IN LOCO PARENTIS – MURIC](https://jordan105fm.com/2025/07/01/hijrah-holiday-fg-missed-golden-opportunity-failed-to-act-in-loco-parentis-muric/): Nigerian Muslims joined the rest of the Muslim world in celebrating the beginning of the Islamic new year (hijrah) on Thursday, 26th June, 2025. Meanwhile an Islamic human rights organization, the Muslim Rights Concern (MURIC), has lamented that whereas the Federal Government (FG) of Nigeria did not declare the day as a public holiday, several Nigerian states, North and South, gave special recognition to the Muslim calendar by declaring the day as a public holiday. By failing to declare the first day of hijrah as a holiday, MURIC added, FG not only missed the golden opportunity to be part of [&hellip;]
- [NDLEA: 40% of Undergraduates in Oyo State Use Drugs](https://jordan105fm.com/2025/07/01/ndlea-40-of-undergraduates-in-oyo-state-use-drugs/): The National Drug Law Enforcement Agency (NDLEA) Oyo State Command has revealed that 4-5 out of every 10 undergraduates in the state are involved in drug use. This alarming statistic highlights the need for urgent action to address the issue of drug abuse among young people in Nigeria. &nbsp; Key Highlights &#8211; *Prevalence of Drug Use*: The NDLEA reported that 40% of undergraduates in Oyo State use drugs, with some as young as nine years old. This statistic is a wake-up call for stakeholders to take immediate action to address the issue. &#8211; *Campaigns and Arrests*: The agency has intensified [&hellip;]
- [CBN Governor Urges African Unity to Boost AfCFTA at Afreximbank Summit](https://jordan105fm.com/2025/07/01/cbn-governor-urges-african-unity-to-boost-afcfta-at-afreximbank-summit/): The Central Bank of Nigeria Governor, Olayemi Cardoso, has called for greater cohesion among African nations to advance the African Continental Free Trade Area (AfCFTA). He made this call during the Afreximbank 32nd Annual Meetings in Abuja, emphasizing the need for deeper regional integration and diaspora engagement. &nbsp; Key Highlights &#8211; *African Unity*: Cardoso stressed the importance of African nations working together to boost intra-African trade and investment. He noted that the AfCFTA has the potential to increase Africa&#8217;s GDP and improve the lives of millions of people across the continent. &#8211; *Afreximbank&#8217;s Role*: He praised Afreximbank&#8217;s role in promoting [&hellip;]
- [Oil Prices Surge Over 1% Amid Iran-Israel Ceasefire and Strong U.S. Demand](https://jordan105fm.com/2025/06/25/oil-prices-surge-over-1-amid-iran-israel-ceasefire-and-strong-u-s-demand/): Oil prices rose more than 1% on Wednesday, with Brent crude futures up 99 cents to $68.13 a barrel, as investors evaluated a ceasefire between Iran and Israel and robust U.S. demand. The price surge reflects the ongoing volatility in the global energy market, where geopolitical developments and changes in demand can significantly impact prices. &nbsp; Key Highlights &#8211; *Price Surge*: Oil prices rose over 1% amid a ceasefire between Iran and Israel and strong U.S. demand. &#8211; *Brent Crude Futures*: Brent crude futures increased by 99 cents to $68.13 a barrel. &#8211; *Geopolitical Developments*: The ceasefire between Iran and [&hellip;]
- [Tinubu Celebrates Sanwo-Olu at 60, Urges Focus on Fourth Mainland Bridge](https://jordan105fm.com/2025/06/25/tinubu-celebrates-sanwo-olu-at-60-urges-focus-on-fourth-mainland-bridge/): President Bola Tinubu congratulated Lagos State Governor Babajide Sanwo-Olu on his 60th birthday, commending his dedication to transforming Lagos through projects like the Blue and Red Rail lines and the upcoming Purple Line. In a statement, Tinubu urged Sanwo-Olu to prioritize the Fourth Mainland Bridge and Freedom Way to VGC Road projects. &nbsp; Key Highlights &#8211; *Congratulations*: President Tinubu congratulated Governor Sanwo-Olu on his 60th birthday, praising his dedication to transforming Lagos. &#8211; *Infrastructure Development*: Tinubu commended Sanwo-Olu&#8217;s efforts in developing Lagos&#8217; infrastructure, including the Blue and Red Rail lines and the upcoming Purple Line. &#8211; *Fourth Mainland Bridge*: Tinubu [&hellip;]
- [Reps Advance Bill to Mandate Agricultural Science in Secondary Schools](https://jordan105fm.com/2025/06/25/reps-advance-bill-to-mandate-agricultural-science-in-secondary-schools/): The House of Representatives has passed a bill for second reading that would make Agricultural Science a compulsory subject in all public and private secondary schools in Nigeria. The bill, sponsored by Alex Egbona, aims to support President Bola Tinubu’s Renewed Hope Agenda by promoting economic recovery and food security through enhanced agricultural education. Key Highlights &#8211; *Compulsory Agricultural Science*: The bill seeks to make Agricultural Science a compulsory subject in all secondary schools in Nigeria. &#8211; *Renewed Hope Agenda*: The bill aims to support President Tinubu&#8217;s Renewed Hope Agenda by promoting economic recovery and food security. &#8211; *Agricultural Education*: [&hellip;]
- [Tinubu Meets Danish Queen, Seeks Agricultural Partnership](https://jordan105fm.com/2025/06/25/tinubu-meets-danish-queen-seeks-agricultural-partnership/): President Bola Tinubu hosted Queen Mary Elizabeth of Denmark at the State House in Abuja, advocating for enhanced collaboration in agriculture, veterinary health, and sustainable development. During the Danish Queen’s first visit to Nigeria as patron of the UNFPA, Tinubu emphasized Nigeria’s potential and readiness to deepen ties with Denmark through knowledge transfer and sustainable agribusiness. Key Highlights &#8211; *Meeting with Danish Queen*: President Tinubu met with Queen Mary Elizabeth of Denmark to discuss potential partnerships in agriculture and sustainable development. &#8211; *Agricultural Collaboration*: The meeting focused on enhancing collaboration in agriculture, veterinary health, and sustainable development. &#8211; *Knowledge Transfer*: [&hellip;]
- [Lagos prioritises Consumer Health at 2025 Food Safety Workshop](https://jordan105fm.com/2025/06/24/lagos-prioritises-consumer-health-at-2025-food-safety-workshop/): — Experts, regulators, and industry leaders converge to tackle food safety challenges in Nigeria &nbsp; In a concerted effort to bolster consumer protection and strengthen food industry standards, stakeholders across Nigeria’s food value chain gathered for the 2025 Food Safety Workshop, held in Lagos in collaboration with DIDOMI Company Limited. Themed “Food Safety First: Protecting Consumers, Empowering Industries,” the event brought together policy makers, regulatory agencies, manufacturers, food scientists, public health experts, and business leaders to address rising concerns around food quality, safety practices, and regulatory compliance. &nbsp; Declaring the workshop open, the Director General of the Lagos State Safety [&hellip;]
- [Putin Slams Attack on Iran](https://jordan105fm.com/2025/06/24/putin-slams-attack-on-iran/): Russian President Vladimir Putin has condemned recent strikes on Iran as &#8220;unprovoked&#8221; and &#8220;unjustified.&#8221; The comments came during a meeting with Iranian Foreign Minister Abbas Araghchi, amid escalating tensions in the region. &nbsp; Key Highlights &#8211; *Condemnation of Strikes*: Putin strongly condemned the strikes on Iran, calling them unprovoked and unjustified. &#8211; *Meeting with Iranian Foreign Minister*: The meeting between Putin and Araghchi underscored Russia&#8217;s diplomatic efforts to address the situation. &#8211; *Escalating Tensions*: The region is experiencing heightened tensions following US airstrikes on Iranian nuclear facilities. Russia&#8217;s Stance Russia&#8217;s position on the conflict is significant, given its historical ties [&hellip;]
- [BOI Unveils Sustainable Finance Framework for Inclusive Growth](https://jordan105fm.com/2025/06/24/boi-unveils-sustainable-finance-framework-for-inclusive-growth/): The Bank of Industry (BOI) has launched its Sustainable Finance Framework to promote inclusive, climate-resilient growth and align its operations with global environmental, social, and governance (ESG) standards. The framework supports BOI&#8217;s 2025-2027 corporate strategy and emphasizes a triple-bottom-line approach focused on People, Planet, and Profit. &nbsp; Key Highlights &#8211; *Sustainable Finance Framework*: BOI&#8217;s new framework promotes inclusive growth, climate resilience, and environmental sustainability. &#8211; *ESG Standards*: The framework aligns BOI&#8217;s operations with global environmental, social, and governance standards. &#8211; *Triple-Bottom-Line Approach*: The framework focuses on People, Planet, and Profit to ensure sustainable development. Objectives of the Framework The Sustainable [&hellip;]
- [Lagos Demolishes Illegal Structures at Oko-Oba Abattoir](https://jordan105fm.com/2025/06/24/lagos-demolishes-illegal-structures-at-oko-oba-abattoir/): The Lagos State Government has intensified its environmental enforcement by demolishing illegal structures at the Oko-Oba Abattoir in Agege. The abattoir was shut down indefinitely due to severe sanitation violations, including Oko-Oba meat handling and waste dumping. &nbsp; Key Highlights &#8211; *Demolition of Illegal Structures*: The Lagos State Government has demolished illegal structures at the Oko-Oba Abattoir to restore order and prevent disease outbreaks. &#8211; *Sanitation Violations*: The abattoir was shut down due to severe sanitation violations, including unhygienic meat handling and waste dumping. &#8211; *Environmental Enforcement*: The demolition is part of the government&#8217;s efforts to enforce environmental regulations and [&hellip;]
- [FAAN to Hike Tariffs and Ban Cash Payments](https://jordan105fm.com/2025/06/24/faan-to-hike-tariffs-and-ban-cash-payments/): The Federal Airports Authority of Nigeria (FAAN) has announced plans to increase tariffs for service providers operating at its airports and phase out cash payments in favor of a fully automated, contactless payment system. This move aims to improve revenue generation and modernize the authority&#8217;s operations. &nbsp; Key Highlights &#8211; *Tariff Increase*: FAAN plans to hike tariffs for service providers at its airports to boost revenue. &#8211; *Automated Payment System*: The authority will introduce a fully automated, contactless payment system to enhance transparency and efficiency. &#8211; *Early Notification*: FAAN has assured service providers that they will be notified early enough [&hellip;]
- [US Urges China to Prevent Iran from Closing Strait of Hormuz Amid Rising Tensions](https://jordan105fm.com/2025/06/23/us-urges-china-to-prevent-iran-from-closing-strait-of-hormuz-amid-rising-tensions/): The United States has called on China to use its influence to stop Iran from closing the Strait of Hormuz, a vital waterway for global oil shipments. This appeal comes amid escalating tensions between the US and Iran, following US airstrikes on Iranian nuclear facilities. &nbsp; Key Highlights &#8211; *Strait of Hormuz*: A critical passage for 20% of global oil and gas shipments &#8211; *US Concerns*: The US is worried that Iran&#8217;s actions could disrupt global energy supplies and drive up oil prices &#8211; *China&#8217;s Role*: The US is urging China to leverage its influence over Iran to prevent any [&hellip;]
- [POS Transactions Hit N223tn in 2024 as Nigerians Shift Away from ATMs](https://jordan105fm.com/2025/06/23/pos-transactions-hit-n223tn-in-2024-as-nigerians-shift-away-from-atms/): Point of Sale (POS) terminals in Nigeria processed a staggering N223.27 trillion worth of transactions in 2024, more than doubling the N110.35 trillion recorded in 2023. This significant surge reflects a growing preference among Nigerians for POS platforms over traditional Automated Teller Machine (ATM) withdrawals. &nbsp; Key Highlights &#8211; *POS Transaction Value*: N223.27 trillion in 2024, more than double the N110.35 trillion in 2023 &#8211; *POS Transaction Volume*: 13.08 billion, representing a 32.7% increase from 9.85 billion in 2023 &#8211; *ATM Withdrawals*: N29.12 trillion, slightly up from N28.21 trillion in 2023 &#8211; *Monthly POS Transactions*: &#8211; *January 2024*: N11.50 trillion, [&hellip;]
- [Lagos Innovation Bill Seeks to Boost Local Tech Funding Access](https://jordan105fm.com/2025/06/23/lagos-innovation-bill-seeks-to-boost-local-tech-funding-access/): A proposed innovation bill in Lagos aims to create a centralized hub where tech entrepreneurs, universities, venture capitalists, and research labs collaborate to foster groundbreaking ideas. Modeled after Germany’s Fraunhofer Institute, the initiative would enable university graduates to experiment with innovative concepts while attracting funding from venture capitalists. Tubosun Alake, Lagos State Commissioner for Innovation, Science and Technology, highlighted the bill’s potential to localize access to tech venture funds during a keynote on global innovation ecosystems. &nbsp; Key Highlights &#8211; *Centralized Hub*: The proposed bill would create a centralized hub for tech innovation, bringing together entrepreneurs, universities, and venture capitalists [&hellip;]
- [BOI Launches Sustainable Finance Framework to Drive Inclusive Growth](https://jordan105fm.com/2025/06/23/boi-launches-sustainable-finance-framework-to-drive-inclusive-growth/): The Bank of Industry (BOI) has launched its Sustainable Finance Framework, designed to drive inclusive and climate-resilient growth in Nigeria. This framework aligns with BOI&#8217;s 2025-2027 corporate strategy, prioritizing long-term development impact, environmental stewardship, social inclusion, and creating shared value. By supporting businesses committed to sustainable practices, the framework aims to unlock access to blended and concessional capital, advancing national priorities like climate resilience, job creation, gender inclusion, and export diversification. &nbsp; Key Highlights &#8211; *Inclusive Growth*: The framework prioritizes long-term development impact, environmental stewardship, and social inclusion, ensuring that growth is equitable and sustainable. &#8211; *Climate Resilience*: BOI aims [&hellip;]
- [BOI REAFFIRMS SUPPORT FOR 12 MILLION ARTISANS](https://jordan105fm.com/2025/06/19/boi-reaffirms-support-for-12-million-artisans/): The Bank of Industry (BOI) has reiterated its commitment to empowering over 12 million artisans and technicians across Nigeria, recognizing them as vital engines for inclusive economic growth and national industrial transformation. Speaking at the 2025 Nigerian Artisans Leadership Summit in Abuja, BOI Managing Director Olasupo Olusi, represented by Executive Director Mabel Ndagi, highlighted the bank’s strategic vision under its 2025–2027 Corporate Plan. &nbsp; This strategy focuses on six priority areas: &nbsp; Support for Micro, Small, and Medium Enterprises (MSMEs) &nbsp; Youth skills development &nbsp; Expansion of the digital economy &nbsp; Climate resilience initiatives &nbsp; Infrastructure investment &nbsp; Promotion of [&hellip;]
- [NIGERIA’S FOREIGN MINISTER WARNS AGAINST ECONOMIC DEPENDENCE ON FORMER COLONIAL POWERS](https://jordan105fm.com/2025/06/19/nigerias-foreign-minister-warns-against-economic-dependence-on-former-colonial-powers/): At the opening of the 94th ECOWAS Council of Ministers session in Abuja, Nigeria’s Minister of Foreign Affairs and current ECOWAS Chairman, Ambassador Yusuf Tuggar, issued a firm warning against the region’s continued economic dependence on former colonial powers. Tuggar urged West African nations to prioritize regional trade, accelerate infrastructure development, and strengthen collective self-reliance in order to reclaim their economic destinies. &nbsp; He highlighted the original goal of ECOWAS — economic decolonization — as central to the bloc’s mission, and called for bold, collaborative decisions to deepen integration across member states. &nbsp; Also speaking at the event, ECOWAS Commission [&hellip;]
- [BENIN MONARCH RECEIVES 119 STOLEN ARTEFACTS FROM THE NETHERLAND](https://jordan105fm.com/2025/06/19/benin-monarch-receives-119-stolen-artefacts-from-the-netherland/): &nbsp; The Oba of Benin, Ewuare II, on Wednesday received 119 looted artefacts returned from the Netherlands, describing the moment as a spiritual and cultural triumph against persistent efforts by what he termed an international cartel seeking to re-loot the kingdom’s treasures. &nbsp; Speaking emotionally at the Benin Royal Palace, the revered monarch expressed profound gratitude to President Bola Tinubu and former President Muhammadu Buhari for backing the artefacts&#8217; repatriation. He also issued a stern warning against modern political interference, which he said could endanger the Benin Kingdom’s heritage. The Oba disclosed that there had been internal conspiracies in the [&hellip;]
- [Tariff Engineering Surges as Businesses Dodge Higher Duties](https://jordan105fm.com/2025/06/18/tariff-engineering-surges-as-businesses-dodge-higher-duties/): Global manufacturers are reviving &#8220;tariff engineering&#8221; to reduce duties by altering product designs, materials, or dimensions. This legal strategy allows companies to bypass higher costs while staying compliant with trade regulations, reshaping how businesses navigate the global market. &nbsp; Key Highlights &#8211; *Tariff Optimization*: Companies are using tariff engineering to optimize their supply chains and minimize costs. By making minor changes to their products, businesses can avoid higher tariffs and maintain competitiveness. &#8211; *Trade Regulations*: Tariff engineering involves a thorough analysis of trade regulations and tariffs to identify opportunities for cost savings. Companies can use this strategy to stay ahead [&hellip;]
- [Truck Drivers Halt Strike, Begin Talks with Lagos State Government](https://jordan105fm.com/2025/06/18/truck-drivers-halt-strike-begin-talks-with-lagos-state-government/): The Independent Petroleum Marketers Association of Nigeria (IPMAN) has suspended its strike following the Lagos State Government&#8217;s commitment to negotiate the contentious N12,500 electronic call-up levy on tankers along the Lekki-Epe corridor. The strike was paused after the state agreed to engage IPMAN&#8217;s National Executive Committee and the Nigerian Association of Road Transport Owners (NARTO) for an amicable resolution. &nbsp; Key Highlights &#8211; *Strike Suspension*: IPMAN&#8217;s National Secretary, James Terlumun Tor, urged members to resume normal operations and remain united as talks continue. The suspension of the strike is expected to ease the supply chain and restore normalcy to the [&hellip;]
- [PCNGi Launches CNG Pricing Framework to Meet Surging Demand](https://jordan105fm.com/2025/06/18/pcngi-launches-cng-pricing-framework-to-meet-surging-demand/): The Presidential Compressed Natural Gas Initiative (PCNGi) has rolled out a concessionary autogas supply and pricing framework to stabilize pricing and enhance supply in Nigeria’s booming auto CNG market. This initiative aims to support Nigeria&#8217;s transition to sustainable transportation with expanded refueliFramework to Meet Surgingng infrastructure. &nbsp; Key Highlights &#8211; *Stabilizing Pricing*: The framework is designed to promote the adoption of CNG as a cleaner and more cost-effective alternative to traditional fuels. By providing a stable and predictable pricing structure, the initiative aims to encourage investment in the CNG sector and support the growth of the industry. &#8211; *Surging Demand*: [&hellip;]
- [Benue Killings Threaten Nigeria’s Food Security](https://jordan105fm.com/2025/06/18/benue-killings-threaten-nigerias-food-security/): The Christian Association of Nigeria (CAN) has warned that ongoing killings in Benue State, known as Nigeria&#8217;s food basket, threaten the country&#8217;s food security. Over 200 people were killed in Yelwata community, Benue State, in one of the deadliest attacks in recent years. CAN condemned the killings and demanded urgent action by the Federal Government to forestall further tragedies. &nbsp; Key Highlights &#8211; *Food Security at Risk*: Benue State is a major agricultural hub, producing crops like yams, rice, maize, cassava, and soybeans. The continued violence and displacement of farmers pose a significant threat to national food security. &#8211; *Displacement [&hellip;]
- [US Travel Ban: Nigeria and 35 Other Countries on the Spotlight](https://jordan105fm.com/2025/06/16/us-travel-ban-nigeria-and-35-other-countries-on-the-spotlight/): The Trump administration is considering imposing a travel ban on Nigeria and 35 other countries, mostly from Africa, according to a State Department memo reported by The Washington Post. The proposed ban could restrict entry to citizens from these additional countries, with Nigeria being one of the most populous nations affected. &nbsp; Countries Affected by the Travel Ban &#8211; *African Countries*: &#8211; *Angola* &#8211; *Cameroon* &#8211; *Côte d&#8217;Ivoire* &#8211; *Tanzania* &#8211; *Uganda* &#8211; *Zambia* &#8211; *Zimbabwe* &#8211; *Nigeria* &#8211; *Egypt* &#8211; *Ghana* &#8211; *Djibouti* &#8211; *Other Countries*: &#8211; *Saint Kitts and Nevis* &#8211; *Saint Lucia* &#8211; *Syria* &#8211; *Tonga* &#8211; [&hellip;]
- [CBN's Dividend Freeze: A Step in the Right Direction?](https://jordan105fm.com/2025/06/16/cbns-dividend-freeze-a-step-in-the-right-direction/): The Central Bank of Nigeria (CBN) has directed banks operating under regulatory forbearance to suspend dividend payments, defer bonus for executives, and halt investments in foreign subsidiaries. This move aims to strengthen the banking sector&#8217;s resilience by ensuring stronger capital bases and genuine capital injections. &nbsp; Key Highlights &#8211; *Strengthening Bank Capital*: The CBN&#8217;s decision is designed to ensure that banks operate on a stronger capital base, attracting genuine capital and promoting prudent internal capital retention. &#8211; *Recapitalization Exercise*: The move supports the ongoing recapitalization exercise, curbing financial engineering and ensuring fresh capital inflows into banks. &#8211; *Impact on Banks*: [&hellip;]
- [NGX and SEC Deepen Ties with China to Boost Investments](https://jordan105fm.com/2025/06/16/ngx-and-sec-deepen-ties-with-china-to-boost-investments/): The Nigerian Exchange Group (NGX) and the Securities and Exchange Commission (SEC) are strengthening their partnership with China to enhance Nigeria&#8217;s capital market as a hub for cross-border investments. This move aims to position Nigeria as a strategic platform for investment flows between Nigeria and China. Key Highlights &#8211; *Deepening Capital Market Partnerships*: NGX Group&#8217;s CEO, Temi Popoola, emphasized that deepening capital market partnerships is key to unlocking new investment corridors between Nigeria and China. &#8211; *Engagement with Chinese Institutions*: NGX Group is engaging with institutions such as the Shanghai Stock Exchange and Hong Kong Stock Exchange to create frameworks [&hellip;]
- [Smart Farming: The Future of Nigerian Agriculture?](https://jordan105fm.com/2025/06/16/smart-farming-the-future-of-nigerian-agriculture/): Smart farming, also known as precision agriculture, has been proposed as a key solution to address food insecurity in Nigeria. This was a major takeaway from the maiden edition of the Smart Agri-Tech Summit, organized by Smart Farm Initiative. The summit&#8217;s theme, &#8220;The Future of Smart Farming: Embracing Technology for Sustainable Agriculture,&#8221; highlighted the importance of leveraging technology to boost agricultural productivity. Farmer Lanre Badejo, Team Lead of Smart Farm Initiatives, emphasized that embracing technology can make food production more convenient and efficient. He noted that smart farming can help Nigerian farmers increase yields, reduce waste, and improve the quality [&hellip;]
- [Dangote Hints at Major Overhaul in Nigeria’s Downstream Sector Following Tinubu’s Refinery Visit](https://jordan105fm.com/2025/06/10/dangote-hints-at-major-overhaul-in-nigerias-downstream-sector-following-tinubus-refinery-visit/): Aliko Dangote, President of the Dangote Group and founder of the $20 billion Dangote Petroleum Refinery, has hinted at a significant transformation in Nigeria’s downstream oil sector. He described the upcoming move as a “major shakedown,” not related to fuel price cuts, but rather a complete restructuring of the sector. Speaking after President Bola Tinubu&#8217;s recent tour of the refinery in Lekki, Lagos, Dangote said the President&#8217;s visit had reinvigorated the company, and a major announcement would be made soon. He said the refinery was set to enter a “massive trajectory” that would go far beyond its current operations. “I [&hellip;]
- [Olori Solape Abolarin, Wife of Orangun of Oke-Ila, Passes Away as Governor Adeleke Mourns Her Loss](https://jordan105fm.com/2025/06/10/olori-solape-abolarin-wife-of-orangun-of-oke-ila-passes-away-as-governor-adeleke-mourns-her-loss/): Olori Solape Christianah Abolarin, the wife of the Orangun of Oke-Ila, Oba Adedokun Abolarin, has passed away. As of Tuesday afternoon, the exact circumstances of her death were not yet known. Osun State Governor, Ademola Adeleke, expressed deep sorrow over her passing in a statement released by his spokesperson, Olawale Rasheed. The governor described Olori Solape as a virtuous woman and a strong supporter of her husband in his leadership duties. He extended his condolences to Oba Abolarin, their children, the royal family, colleagues, and the people of Oke-Ila, urging them to find comfort in the fond memories they shared [&hellip;]
- [SportsBeat on Jordan 105.5 FM Lagos Sports Fans Hangout: A Symphony of Sports, Music, and Community](https://jordan105fm.com/2025/06/03/sportsbeat-on-jordan-105-5-fm-lagos-sports-fans-hangout-a-symphony-of-sports-music-and-community/): On Saturday, May 31st, 2025, the city of Lagos pulsed with excitement as Sports Beat on Jordan 105.5 FM hosted its unforgettable Sports Fans Hangout/UEFA Champions League Final Watch Party, a vibrant spectacle of passion, play, and pure football bliss. The day kicked off with an electrifying novelty football match that brought out the competitive fire in both fans and broadcasters. Held at the scenic Active Zone Hub, Oko Oba — a haven of sport, recreation, and relaxation — the match pitted the Jordan FM Sports Desk team, &#8220;The Sports Beat Crew,&#8221; captained by Olusola Adebayo, against a spirited assembly [&hellip;]
- [FG Launches “Skill-Up Artisan Super Programme” to Train 100,000 Nigerians in 2025](https://jordan105fm.com/2025/06/03/fg-launches-skill-up-artisan-super-programme-to-train-100000-nigerians-in-2025/): The Federal Government has launched a bold initiative to train 100,000 Nigerian artisans in 2025 under the newly unveiled Skill-Up Artisan Super Programme. Spearheaded by the Industrial Training Fund (ITF), the programme aims to align Nigerian artisans with international standards and eliminate quack practices in vocational fields. A Push for Global-Standard Skilled Labour &nbsp; Speaking at the inauguration of the South-West Secretariat of the Association of Nigeria Artisans and Technicians (ASNAT) in Akure, ITF Director-General Afiz Ogun explained that the programme is part of President Bola Tinubu’s broader economic reform agenda. It seeks to: &nbsp; Improve the technical skills of [&hellip;]
- [Lagos State Disburses ₦1.6 Billion to Support Vulnerable Residents](https://jordan105fm.com/2025/06/03/lagos-state-disburses-%e2%82%a61-6-billion-to-support-vulnerable-residents/): In a bid to alleviate poverty and support small-scale entrepreneurs, the Lagos State Government has begun disbursing ₦1.6 billion to vulnerable residents, including petty traders and indigent citizens. The initiative is part of the state’s broader commitment to economic inclusion and grassroots empowerment. 250 Beneficiaries Receive Cheques in First Phase &nbsp; At a cheque presentation ceremony held on Monday, 250 Lagosians received financial support ranging from ₦250,000 to ₦500,000, with some cases reaching up to ₦1.5 million. The disbursement follows a review of applicants’ requests and financial needs as submitted in their application letters. &nbsp; Dr. Tajudeen Afolabi, Special Adviser [&hellip;]
- [FG to Clear N2 Trillion GenCo Debt by Q3 2025 to Boost Power Sector](https://jordan105fm.com/2025/06/03/fg-to-clear-n2-trillion-genco-debt-by-q3-2025-to-boost-power-sector/): The Nigerian Presidency is taking decisive steps to resolve a major financial bottleneck in the power sector by aiming to clear a N2 trillion debt owed to electricity generation companies (GenCos) by the third quarter of 2025. A Strategic Move Toward Energy Sector Stability &nbsp; Speaking at the NESI Stakeholders Meeting, Eriye Onagoruwa—representing the Special Adviser to the President on Energy—stated that due to current fiscal constraints, the government is exploring alternative debt instruments to settle the outstanding amounts. An update on the strategy is expected within the next three months. &nbsp; Further complicating the situation, the Senate Committee on [&hellip;]
- [Nigeria’s External Reserves Dip as Crude Oil Prices Fall](https://jordan105fm.com/2025/06/02/nigerias-external-reserves-dip-as-crude-oil-prices-fall/): Nigeria’s economic stability is under fresh pressure as the country&#8217;s external reserves dropped to $37.9 billion by April 2025, a 5.91% decline from $40.88 billion in January. The decline is largely driven by falling global crude oil prices and volatile production levels. Key Economic Indicators: &nbsp; Crude oil prices fell sharply by 16.74%, from $73.29 per barrel in January to $62.78 per barrel in April. &nbsp; Oil production averaged 1.49 million barrels per day (bpd) in April, recovering slightly from 1.4 million bpd in March. &nbsp; Nigeria’s external reserves briefly rebounded to $38.46 billion by May 29, but ongoing global [&hellip;]
- [FG Launches Ambitious Plan to Deliver 77,400 New Homes Nationwide](https://jordan105fm.com/2025/06/02/fg-launches-ambitious-plan-to-deliver-77400-new-homes-nationwide/): In a bold move to tackle Nigeria’s housing deficit, the Federal Government has unveiled plans to construct 77,400 social housing units under the Renewed Hope Agenda. The project, announced by the Minister of State for Housing and Urban Development, Yusuf Ata, aims to provide accessible and affordable housing across all 774 local government areas in the country. &nbsp; Key Highlights of the Housing Plan: &nbsp; 3,000 units will be built in each of Lagos, Abuja, and Kano under the new Renewed Hope Cities initiative. &nbsp; 250 units per state will be developed as part of dedicated estate projects. &nbsp; 100 [&hellip;]
- [Join the Conversation on Grassroots Development — Tune in to the Local Govt. Revolution Show on Jordan 105.5FM Lagos!](https://jordan105fm.com/2025/05/09/join-the-conversation-on-grassroots-development-tune-in-to-the-local-govt-revolution-show-on-jordan-105-5fm-lagos/): &nbsp; This Friday, May 9th, 2025, all roads lead to Jordan 105.5FM Lagos for a powerful and thought-provoking edition of the Local Government Revolution Show, airing live from 5:15 PM to 6:00 PM. This special broadcast will spotlight one of Lagos State&#8217;s most dynamic and result-oriented local government leaders — Mayor Muibi Alade Folawiyo, Chairman of Lagos Island East Local Council Development Area (LCDA). With the theme “Towards 2nd Term in Office: A Service of Excellence and Development at the Grassroots”, the show aims to shed light on the remarkable achievements of Mayor Folawiyo’s first term, while also offering insights [&hellip;]
- [FG Approves N187 Billion for Completion of Benin-Shagamu-Ore Expressway to Boost Economic Growth](https://jordan105fm.com/2025/05/07/7988/): The Federal Government has taken a significant step towards enhancing the nation&#8217;s transportation infrastructure with the approval of N187 billion for the completion of the remaining 96 kilometers of the Benin-Shagamu-Ore expressway. This major infrastructure project is designed to ease transportation challenges, reduce travel times, and facilitate economic growth in the region. According to the Minister of Works, David Umahi, the approved section spans 48 kilometers on each lane, totaling 96 kilometers, and will complete the dual carriageway. The completion of this expressway is expected to have a profound impact on the lives of citizens, businesses, and the overall economy [&hellip;]
- [Policy Group Questions IMF's 3% Growth Forecast for Nigeria, Cites Economic Diversification](https://jordan105fm.com/2025/05/07/policy-group-questions-imfs-3-growth-forecast-for-nigeria-cites-economic-diversification/): A policy think tank, the Independent Media and Policy Initiative (IMPI), has expressed skepticism over the International Monetary Fund&#8217;s (IMF) recent downgrade of Nigeria&#8217;s economic growth forecast to 3% for 2025. The group&#8217;s chairman argued that the Nigerian economy has undergone significant diversification beyond oil, with substantial growth in non-oil exports, making the IMF&#8217;s forecast overly pessimistic. IMPI noted that the IMF&#8217;s projection seems to be overly reliant on the oil sector, which is no longer the sole driver of Nigeria&#8217;s economy. The think tank pointed to the country&#8217;s ongoing economic diversification efforts and the impact of government policies as [&hellip;]
- [FG Commissions N5.7 Billion Gashua Water Scheme to Boost Access to Clean Water](https://jordan105fm.com/2025/05/07/fg-commissions-n5-7-billion-gashua-water-scheme-to-boost-access-to-clean-water/): &nbsp; The Federal Government has taken a significant step towards improving access to clean water in Yobe State with the commissioning of the N5.7 billion Gashua Water Supply Scheme. This project, inaugurated by the Minister of Water Resources and Sanitation, is designed to provide clean water to over 1 million residents in Gashua and surrounding communities. The scheme is expected to have a profound impact on the lives of the people in the region, addressing the long-standing issue of water scarcity and reducing the prevalence of waterborne diseases. By expanding access to portable water, the project aligns with the government&#8217;s [&hellip;]
- [NEMA Receives Over 200 Stranded Nigerians from Libya](https://jordan105fm.com/2025/04/29/nema-receives-over-200-stranded-nigerians-from-libya/): &nbsp; The National Emergency Management Agency (NEMA), through its Lagos Operations Office, in partnership with key humanitarian and immigration stakeholders, received 203 vulnerable Nigerian returnees from Libya on Monday, April 28, 2025. The returnees arrived at the Murtala Muhammed International Airport, Lagos, at about 7:00 p.m. aboard a chartered Al Buraq Air flight. The group consisted of 50 adult males, 96 adult females, 29 children, and 28 infants—many of whom had endured months, or even years, of hardship while stranded in various parts of Libya. &nbsp; The evacuation was made possible with the support of the International Organisation for Migration [&hellip;]
- [EUROPEAN MARKETS FALL AHEAD OF EUROPEAN CENTRAL BANK'S DECISION](https://jordan105fm.com/2025/04/17/european-markets-fall-ahead-of-european-central-banks-decision/): European stock markets declined today as investors await the latest monetary policy decision from the European Central Bank (ECB). The Stoxx 600 index dropped by 0.66% as of 10:11 a.m. London time, with nearly all sectors recording losses — except oil and gas. &nbsp; A notable exception on the trading floor was Siemens Energy, whose shares surged by 12% after the company raised its fiscal 2025 outlook, offering some relief amid the broader market decline. &nbsp; Investors are watching closely as the ECB is widely expected to implement a third interest rate cut this year. Analysts anticipate a quarter-point reduction, [&hellip;]
- [CUSTOMS GENERATE N190BN, SEIZE N10BN WORTH OF ILLICIT GOODS](https://jordan105fm.com/2025/04/17/customs-generate-n190bn-seize-n10bn-worth-of-illicit-goods/): The Nigerian Customs Service (NCS), Area 2 Command in Onne, Rivers State, has announced that it generated over N190 billion in revenue during the first quarter of 2025. Comptroller Mohammed Babandede, the Customs Area Controller, disclosed this at a news briefing in Onne. &nbsp; In addition to the revenue generated, the Command also seized 20 containers of contraband goods illegally imported into the country. The total estimated value of the seized items stands at N10.2 billion. &nbsp; Babandede highlighted that the exports processed during the period — consisting mainly of agricultural products and solid minerals — were worth over N2.3 [&hellip;]
- [NAIRA SETTLES AT N1,620/$ AT UNOFFICIAL MARKET AMID WEAK DOLLAR INDEX](https://jordan105fm.com/2025/04/17/naira-settles-at-n1620-at-unofficial-market-amid-weak-dollar-index/): The Nigerian currency showed signs of weakness during midweek trading at the unofficial market, despite improvements in the country’s official market. &nbsp; The naira traded at N1,620 to $1, compared to N1,605 to $1 the previous day, indicating a depreciation. &nbsp; However, traders remain cautiously optimistic as the spot market reflects a stronger naira value than what had been projected in the forward market. This comes despite global conditions marked by a weaker U.S. dollar index. &nbsp; In terms of liquidity, the NAFEM window saw an increase in foreign exchange inflows, reaching $847 million, up from $795 million recorded the [&hellip;]
- [Putin Open to ‘Permanent Peace’ Deal in Ukraine – Trump Envoy](https://jordan105fm.com/2025/04/15/putin-open-to-permanent-peace-deal-in-ukraine-trump-envoy/): In a major international development, Steve Witkoff, U.S. President Donald Trump’s special envoy, has revealed that Russian President Vladimir Putin is open to a “permanent peace” deal with Ukraine. &nbsp; This update follows the third round of talks held in Saint Petersburg, where Witkoff described the meeting as “compelling,” noting the presence of senior Russian officials, including Yuri Ushakov and Kirill Dmitriev, two of Putin’s key advisers. Witkoff expressed optimism, stating that a peace agreement is beginning to emerge, although no major breakthrough has been officially confirmed yet. &nbsp; Despite Trump&#8217;s push for a ceasefire, Putin has previously rejected a [&hellip;]

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- [EXECUTIVE SUMMARY ESTABLISHMENT OF LEATHER INDUSTRIAL PROCESSING AND EXPORT ZONE IN LAGOS FOR  SOUTHWEST](https://jordan105fm.com/executive-summary-establishment-of-leather-industrial-processing-and-export-zone-in-lagos-for-southwest/): EXECUTIVE SUMMARY ESTABLISHMENT OF LEATHER INDUSTRIAL PROCESSING AND EXPORT ZONE IN LAGOS FOR SOUTHWEST       The establishment of the leather industrial processing and export zone for the entire southwest region is one of the strategic national programmes aimed at developing local content, value addition and export for leather sector across the six regions nationwide. The project is one of the initiatives of the Federal Government which is being organized and facilitated by the Nigerian Leather and Science Technology (NILEST) under the Federal Ministry of Innovation, Science and Technology in partnership with Roseate Forte Nig LTD (promoter/consultant) and various [&hellip;]
- [Leather Summit Registration Form](https://jordan105fm.com/leather-summit-registration-form/): Nigerian Institute of leather, science and technology Under The Ministry of Innovation, Science and Technology in collaboration with Roseate Forte and Jordan fm presents National leather investment summit southwest   [ Refresh page if form dosen&#8217;t appear ] NILEST JORDAN 105FM LAGOS ROSEATE FORTE NIG LTD &nbsp;
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- [Podcasts](https://jordan105fm.com/podcasts/): Jordan Lounge Noble Bafon Womenpreneur 1 The importance of financial stability in women before relationship or marriage Deji Bobare Real Estate Show 1 Attracting Diasporan in Real Estate Investment Charles Ideho Dr. Abel Damina Interview Jordan 105fm 2 DR. Abel Damina on Feedback with Charles Ideho
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- [Lagos State (Local govt revolution) Business Data collection](https://jordan105fm.com/lagos-state-business-data-collection/): LGA revolution for Business owners Are you a business owner? Fill in your business details to join the LGA revolution and empower your local community by clicking the form below. Fill form now LGA revolution for Youths  Fill in your details to join the LGA revolution and empower your local community by clicking the form below Fill form now
- [Progressive merchant cooperative](https://jordan105fm.com/progressive-merchant-cooperative/): progressive merchant cooperative (pmc) Roseate Forte Nigeria, in conjunction with Progressive Merchants Cooperative (PMC) is offering small and medium enterprises the opportunity to become land and house owners Benefits Own your own land within 24 months by paying daily / monthly contribution. Own your own house with 24 months  Business Support Support team Free Online store Note the following Registration fee is N5,000 You can pay ahead for a whole week or a whole month On the last day of the month, the contribution will be given to the system Payment details &nbsp;NAME : FOOD VENDORS AND STREET MERCHANTS COOPERATIVE [&hellip;]
- [MSME GROWTH](https://jordan105fm.com/msme/): MSME Business growth and tools MSME (Micro, small and medium enterprises) make a vital contribution to your business growth and we give you business all the basic tools to switch to the digital space through Jordan 105.5fm Marketplace.  Register now what we offer you ! Level 1 Your brand visibility on Jordan 105.5fm  Marketplace Online Store for your brand products and services  Basic business tools / e-commerce tools Level 2 Your brand visibility on Jordan 105.5fm  Marketplace Online Store for your brand products and services  Basic business tools / e-commerce tools GMB &#8211; Google My Business Set-up level 3 Your [&hellip;]
- [About us](https://jordan105fm.com/about-us/): Jordan 105.5 fm launched in 2018, It was a tiny revolution. The radio station at one year was the first radio station to create a niche for entrepreneurship and women  empowerment. Jordan 105.5fm has successfully carved out its own space in the airwaves, listeners can find it on the Fm station 105.5. Jordan Fm radio running on the frequency 105.5fm and transmitting from Abule Egba, Lagos, Nigeria. We woke up Lagos on the 1st of October 2018 and waxing strong as “My Voice! your Voice!”. As a multiple award&#8211;winning media brand, some of our awards are follows, City people magazine [&hellip;]
- [My voice, your voice, our voice](https://jordan105fm.com/): Top News News 0 Nigeria’s External Reserves Dip as Crude Oil Prices Fall Olakunle Oke June 2, 2025 News 0 FG Launches Ambitious Plan to Deliver 77,400 New Homes Nationwide Olakunle Oke June 2, 2025 LGA Revolution 0 Join the Conversation on Grassroots Development — Tune in to the Local Govt. Revolution Show on Jordan 105.5FM Lagos! Olakunle Oke May 9, 2025 News 0 FG Approves N187 Billion for Completion of Benin-Shagamu-Ore Expressway to Boost Economic Growth Olakunle Oke May 7, 2025 News 0 Policy Group Questions IMF&#8217;s 3% Growth Forecast for Nigeria, Cites Economic Diversification Olakunle Oke May 7, [&hellip;]
- [Stream](https://jordan105fm.com/stream/): You can put any content in the pop-up player or add any widget with the dedicated sidebar. You can also link to any other external page even from other websites.
- [Contact us now!](https://jordan105fm.com/contacts/)
- [Jordan OAP's/Team](https://jordan105fm.com/team-members/)
- [Show Schedule](https://jordan105fm.com/show-schedule/): Upcoming JORDAN DRIVE 16:00 20:00 WEEK Monday Tuesday Wednesday Thursday Friday Saturday Sunday Choose a day MondayTuesdayWednesdayThursdayFridaySaturdaySunday Jordan Breakfast show 07:00Monday 07:00Monday It is hosted by our Radio queens: Adeyinka Akinremi also known as Supergirl and Oreoluwa Ogunsolu. Our Breakfast Show has a plethora of activities lined up for your delight to make you have a swirl time throughout the morning ride. Our various segments of the morning belt will keep you glued to your radio set. Jordan Breakfast Show  ~Newspaper Review-7:00-7:45am ÒTUN INÚ ÌWÉ ÌRÓYÌN ~Òtun Inú Ìwé Ìróyìn (Yoruba version of the Newspaper Review)-7:45am-8:30am ~Sport Beats- 8:30am-9:30am ~Financial [&hellip;]
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- [News](https://jordan105fm.com/news/)


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