MEDIA ORGANISATIONS TO ENJOY FINANCING AT SINGLE-DIGIT INTEREST RATES- FG. (PHOTO). #PRESS RELEASE

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 Media Organisations to Enjoy Financing at Single-Digit Interest Rates - FG  President Bola Ahmed Tinubu has directed the Federal Ministry of Industry, Trade and Investment, through the Bank of Industry (BOI), to extend its single-digit interest-rate financing to media organizations in the country. The Minister of Information and National Orientation, Mohammed Idris stated this in Abuja on Wednesday when he received members of the Independent Broadcasting Association of Nigeria (IBAN) on a courtesy visit to his office.   According to the Minister, the gesture is in keeping with the administration’s resolve to create an enabling business environment for the media to operate in Nigeria. “Let me say that the Federal Ministry of Information and National Orientation under my leadership, as part of our five pillars, will support all media platforms in this country, whether they are public or private. “I can tell you that the President has directed the Federal Ministry of Industry, Trade and
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ANC WILL RETAIN PARLIAMENTARY MAJORITY: SA'S PRESIDENT. (PHOTO).

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 ANC will retain parliamentary majority: SA's president


South Africa's President Cyril Ramaphosa says ANC party will retain its parliamentary majority in May 2024 elections.


South Africa's President Cyril Ramaphosa has expressed confidence that the African National Congress (ANC) will retain its parliamentary majority in the May 29, 2024 elections, even as opinion polls show that the ruling party has lost its popularity.


"The party that I am leading, the African National Congress, is not going to lose its (parliamentary) majority on May 29," Ramaphosa told reporters on Sunday in Rwanda's capital Kigali, where he had attended the commemoration of the 1994 Rwandan genocide.


"Many South Africans still love the African National Congress. And I am brimming with confidence that we are going to do well in the elections. So, watch this space," he added.


A survey conducted by SABI Strategy Group in February 2024 shows that South Africa will likely have a coalition government after May polls, which will elect a new National Assembly. The new parliament will then choose the next president. 

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