ISRAEL AND LEBANON AGREE TO EXTEND US-BROKERED CEASEFIRE BY 45 DAYS, STATE DEPARTMENT SAYS. (PHOTO).

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 Israel and Lebanon agree to extend US-brokered ceasefire by 45 days, State Department says Israel and Lebanon have agreed to extend a U.S.-brokered ceasefire by 45 days, according to U.S. officials, in an effort to allow further progress in ongoing negotiations aimed at reducing hostilities along their shared border. A State Department spokesperson said the April 16 cessation of hostilities would be extended by an additional 45 days following what officials described as “highly productive” talks held in Washington on Thursday and Friday. The two sides are expected to resume negotiations on June 2 and June 3. The discussions mark the third round of meetings between Israel and Lebanon since renewed fighting escalated earlier this year, including Israeli airstrikes following missile fire from Hezbollah and subsequent Israeli ground operations in southern Lebanon. While the conflict has continued in parallel with broader regional tensions, officials said violence has largely remained ...
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‎TINUBU APPROVES ESTABLISHMENT OF SOUTH-EAST INVESTMENT COMPANY TO DRIVE INDUSTRIAL GROWTH. (PHOTO).

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 ‎Tinubu approves establishment of South-East Investment Company to drive industrial growth

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‎President Bola Tinubu has granted executive approval for the establishment of the South-East Investment Company (SEIC) to drive private capital, accelerate industrialisation, and enhance competitiveness in the region.

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‎The new investment vehicle is under the South-East Development Commission (SEDC) inaugurated earlier this year.

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‎According to a statement by the presidency on Friday, the SEIC will function as a professionally governed, private-sector-led institution, operating independently of annual federal budget cycles.

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‎The statement added that the SEIC will oversee a range of targeted investment portfolios, including infrastructure, entrepreneurship, education, and other strategic interventions.

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‎Speaking on the significance of the initiative, Tinubu reiterated his administration’s resolve to support all regions with tailored, sustainable, and investment-led approaches to development.

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