TRAGEDY AVERTED AS 120-YEAR-OLD ANCESTRAL TREE FALLS AT OBOSI MARKET. (PHOTO).#PRESS RELEASE.

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 Tragedy Averted as 120-Year-Old Ancestral Tree Falls at Obosi Market By Chiedu Okoye A major tragedy was averted at Eke Obosi Market in Idemili North Local Government Area of Anambra State after a 120-year-old ancestral tree collapsed, destroying shops and goods but leaving traders and visitors unharmed. The massive tree, estimated to be about 150 feet tall, fell within the market premises, damaging at least 12 shops and valuable merchandise. Residents and traders described the incident as miraculous, noting that no lives were lost despite the extent of the destruction. The fallen tree held significant cultural importance as a sacred symbol of Eke Obosi Market, which is regarded as a stronghold of the traditions and cultural heritage of the Obosi people. Beyond serving as a centre for commercial activities, the market is also known as a venue for communal traditional rites and ceremonies. Eke Obosi Market was recently rebuilt and modernised by renowned businessman, politician and ...
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WORLD BANK APPROVES $165BN IN LOANS FOR NIGERIA IN 2025.(PHOTO).

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 World Bank Approves $1.65bn in Loans for Nigeria in 2025


The World Bank plans to approve three major loan projects for Nigeria in 2025, totaling $1.65 billion. These loans will focus on addressing critical issues such as internally displaced persons, education, and nutrition.


 The projects include the $300 million Solutions for the Internally Displaced and Host Communities Project, the $553.8 million HOPE for Quality Basic Education for All project, and the $800 million Accelerating Nutrition Results in Nigeria 2.0. These loans are part of the World Bank’s ongoing support for Nigeria’s development and economic recovery, and the loans are expected to be approved in early 2025. The World Bank has approved $6.95 billion in loans for Nigeria under President Bola Tinubu's administration over the past 18 months.

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