BADAGRY ANGELS WIN LAGOS SOFTBALL TOURNEY . (PHOTOS). #PRESS RELEASE.

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 BADAGRY ANGELS WIN LAGOS SOFTBALL TOURNEY  Badagry Angels have been crowned champions of the Lagos U-15 Softball Championship held recently at the Badagry Grammar School playing field, Badagry. The five-day tournament, which began on November 11, 2024, ended on Friday, November 15 where eight teams participated in the competition designed to drive the growth of the sport at the grassroots level. As Champions of the tournament, Badagry Angels showcased their dexterity and skills against Rak Angels in the grand finale, maintaining their good position and dominance on the field before finally trouncing their opponents 9 runs to 1. Speaking after the presentation of medals to the champions, the Director-General, Lagos State Sports Commission (LSSC), Lekan Fatodu highlighted the significance of the tournament, which is bringing softball game closer to the suburb, to expand and implement Governor Babajide Sanwo-Olu's cardinal programme of inclusivity of all Lagosians, irrespective of th
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IFC, CBN SIGN DEAL TO BOOST LOCAL CURRENCY FINANCING IN NIGERIA. (PHOTO).

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 IFC, CBN sign deal to boost local currency financing in Nigeria


The International Finance Corporation, a member of the World Bank Group and the Central Bank of Nigeria have announced an agreement to scale up local currency financing, unlocking over $1bn in investments across key sectors of the Nigerian economy.


This was according to a joint press statement from the IFC and the CBN on Monday.


The agreement, signed by IFC Managing Director Makhtar Diop and CBN Governor Yemi Cardoso, will provide naira-based financing to sectors such as agriculture, infrastructure, housing, energy, small and medium enterprises, and Nigeria’s youth and creative industries.


This deal will enable private businesses to thrive by improving access to long-term, affordable local currency funding, essential for mitigating currency risks.


The statement read, “IFC, a member of the World Bank Group, and the Central Bank of Nigeria have signed an agreement to increase local currency financing to enable private businesses in Nigeria to grow and thrive.


“The partnership will allow IFC to manage currency risks and increase its investment in Nigerian naira across priority sectors of the economy, including agriculture, housing, infrastructure, energy, small and medium enterprises and the creative and youth economy.

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