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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SAUDI ARABIA SAYS NO NEW MOON SIGHTED, DECLARES WEDNESDAY AS EID-EL-FITR. (PHOTO).

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 Saudi Arabia says no new moon sighted, declares Wednesday as Eid-el-Fitr


Authorities in the Kingdom of Saudi Arabia on Monday said no moon crescent marking the beginning of Shawwal and the end of Ramadan has been sighted.


With this development, the Ramadan fasting will be 30 days while the Eid-el-Fitr will be celebrated on Wednesday in the Kingdom.


“The crescent moon was NOT sighted in Saudi Arabia. Therefore, Eid Al Fitr will be celebrated on Wednesday, 10th April 2024,” Haramain, a Saudi-based online resource outfit, wrote on X.


“May Allāh allow us to utilise the remaining moments of this blessed month to engage in that which pleases Him, may He accept our siyām, qiyām & a’māl & may He allow us to witness many more Ramadāns in good health. Āmīn.”


On April 7, Muhammad Abubakar, Sultan of Sokoto, asked Muslims in Nigeria to look out for the new moon of Shawwal 1445 AH on Monday.


Since March 11, Muslims across the world have abstained from eating, drinking, and any form of sexual relationship from dawn till dusk to observe Ramadan fasting which is either 29 or 30 days.


This development comes a day after the federal government announced Tuesday and Wednesday as public holidays.

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