Business
Project BLOOM Scales Up Impact with Second Outreach in Ajegunle, Lagos
The Nigerian Exchange Group Plc (NGX Group), in partnership with the Lagos State Ministry of Health and Health Emergency Initiative (HEI), have expanded their flagship community nutrition intervention, Project BLOOM (Bringing Life to Our Overlooked Minors), to Ajegunle under Lagos State Health District V.
Biztellers reports that the outreach reached over 120 children with their mothers and caregivers.
It held at Ajeromi Ifelodun Local Government Secretariat in partnership with the Lagos State Health District V, builds on the success and measurable impact of the pilot held at Yaba’s Aiyetoro Primary Health Centre, where hundreds of children were screened and over 61% were found to need urgent medical intervention.
It was gathered that follow-up monitoring revealed that more than 48% of these children have shown remarkable nutritional recovery within weeks, regaining healthy weight and vitality. This progress has further strengthened the project’s mission to expand its reach across underserved communities.
At the Ajegunle outreach, children received Ready-to-Use Therapeutic Foods (RUTFs) and comprehensive health checks, while mothers and caregivers participated in practical nutrition education sessions focused on preparing low-cost, nutritious meals and maintaining proper hygiene.
Initial screening results revealed that 69 children were moderately malnourished, 29 were severely malnourished, and another 24 were at risk of becoming malnourished. The outreach also emphasized early detection of malnutrition and sustained follow-up care through local Primary Health Centres.
Notably, over 20 NGX Group employees volunteered alongside District health workers during the engagement, assisting with screenings, data collection, and caregiver training. Their participation reflects the Exchange’s commitment to fostering a culture of service and social responsibility among its workforce. Through initiatives like Project BLOOM, NGX Group continues to encourage employees to actively contribute to community development efforts, demonstrating that true sustainability is achieved through collective action and shared purpose. This approach reinforces the organisation’s broader commitment to building the long-term resilience of society and the economy.
On the impact, Group Managing Director/CEO of NGX Group, Temi Popoola, said: “Seeing 48.8% of the children identified with malnutrition now in recovery, and others who were once at risk steadily improving, has been truly inspiring. It affirms that our partnership with Health Emergency Initiative and Lagos State Government, is driving real, measurable change in our communities. For us at NGX Group, building strong capital markets goes hand in hand with building strong communities, because inclusive growth and social well-being are the true foundations of a resilient economy. This recovery rate motivates us to do even more, to scale up, to reach further, and to continue investing in the wellbeing of underserved communities.”
On his part, the Executive Director, HEI, Dr. Pascal Achunine, described the expansion as a vital response to the realities revealed by the pilot: “The first outreach showed us the depth of the malnutrition crisis and the power of swift, coordinated intervention. The results prove that when public and private sectors work together with urgency and compassion, we can save lives and restore hope.”
Similarly, Director Planning Research and Statistics, Dr Oladeinde Ebenezer Oluwaseun, representing the Permanent Secretary of Lagos State Health District V, Dr. Oladapo Ashiyanbi, commended NGX Group and HEI for their “unwavering commitment to restoring hope to vulnerable families,” noting that the initiative aligns perfectly with the Lagos State Government’s ongoing nutrition and child health programmes.
ALSO READ: FG Unveils Gas Vehicle Monitoring System as CNG Market Attracts $1bn Investments
Project BLOOM continues to advance Sustainable Development Goals (SDG) 2 (Zero Hunger), 3 (Good Health and Well-being), and 17 (Partnerships for the Goals) through measurable community impact, employee-driven engagement, and multi-sector collaboration.
With two successful outreaches completed, NGX Group is set to scale Project BLOOM across other underserved Lagos communities, with a long-term vision to reach thousands of children and across the state.
Business
Tesla Aims for 2028 Commercial Production of Flying Car
Tesla has set a 2028 commercial production date for its new Roadster sports car that can briefly rise into the air using rocket technology.
According to CNN, the date was revealed when the manufacturers demonstrated its functionality on Thursday at a SpaceX testing facility in Texas, United States, where the two-seater vehicle performed a series of manoeuvres, including driving upside down before making a short airborne movement.
The prototype was operated without a driver during the test, with Musk saying the decision was taken “to make sure we don’t kill anyone.”
“Success is not guaranteed. I mean that. It’ll probably work, but if it doesn’t work, we’re at a safe distance,” he said.
READ ALSO: 2027 Election: ‘Your Future Is More Valuable’ — IGP Warn Youths Against Political Violence
CNN reported that the vehicle uses 10 nozzles and high-pressure air tanks to generate thrust, with Musk claiming it could accelerate from zero to 60 miles per hour in less than a second.
The Tesla boss attributed the development to cooperation between the electric vehicle manufacturer and SpaceX, the rocket company he also leads.
He described the project as “the results of what happens when you have a collaboration with the world’s best car company and the world’s best rocket company.”
Musk also sought to assure spectators that the demonstration was genuine, saying, “We need an audience to prove that it’s not AI or SI. So you guys can tell people you saw it with your eyes, because what you see with your eyes, you will not believe.”
Despite the display, questions remain about whether the vehicle can achieve sustained flight and how practical it would be for everyday transportation.
Roger Conner, curator for vertical flight at the Smithsonian’s National Air and Space Museum, told CNN that combining the requirements of road vehicles and aircraft presented significant engineering challenges.
“Aircraft are extremely sensitive to weight, whereas with ground vehicles you want them to have bumpers and crumple zones and all that,” he said.
“Inevitably, something that is a hybrid between the two is going to be a poor performing aircraft and a poor performing vehicle, and also quite expensive,” he added.
Conner questioned whether the demonstration amounted to flying in the conventional sense.
“We’re not talking about sustained flight. We are literally talking about hopping,” he said.
However, Jim Dukhovny, chief executive of flying car startup Alef, said the technology was achievable, while pointing to the difficulties involved in making such vehicles transition safely from vertical take-off to forward flight.
“It absolutely is 100% feasible,” he told CNN.
“That being said, the hardest part on all eVTOLs, and for us, it’s a transition from (rising) vertical to (moving) forward. It needs to be extremely careful, making sure you do not lose lift, and making sure it’s very stable,” he added.
CNN also reported that Alef’s prototype weighs about 254 pounds, uses eight propellers and is designed to carry one person.
Musk said Tesla intended to begin production of the new Roadster in 2028.
CNN reported that the latest display adds to Musk’s ambitions to push Tesla’s vehicle technology beyond conventional electric cars, although the prototype’s ability to operate as a practical flying vehicle has yet to be established.
Business
Marketers Eye Portion of FG’s Petrol Discount
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged the Federal Government to add its member-stations to the petrol discount programme.
It cautioned that the current arrangement could limit the reach and deny vast consumers in underserved communities the benefits of the 30-day discount window.
The PETROAN also urged the FG to allocate at least 30 percent of the discounted petrol volume to outlets operated by its members.
READ ALSO: Tanzania Nears Completion of $42bn Equinor, Shell-Led LNG Project
The calls followed last week’s announcement by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, of a petrol discount at Nigerian National Petroleum Company Limited (NNPC Ltd) retail outlets, with priority given to public transport operators nationwide.
According to the National Publicity Secretary, Independent Petroleum Marketers Association of Nigeria (IPMAN), Chinedu Ukadike, the exclusion of independent marketers could undermine the programme’s effectiveness, particularly in communities where NNPC retail outlets have limited presence.
He argued that independent marketers, with their extensive nationwide distribution networks, were better positioned to extend the benefits of the intervention to consumers in remote and underserved areas.
“Independent oil marketers have over 90 percent coverage and presence in the nooks and crannies of this country. You are giving NNPC that is situated only in the town. So how do the poor masses, whom you intend to ensure that this petroleum product will alleviate their sufferings, how would they now get it?” Ukadike asked.
He said the association was not opposed to the government’s policy but insisted that independent marketers should be included to ensure wider access to the discounted product.
“But it’s government policies; we are not against government policies, but let it be all-inclusive; let independent marketers be part of it,” he said.
Ukadike also urged the government to extend the discount period to 60 days, citing logistical challenges that could delay the movement of petrol from coastal depots to other parts of the country.
“And the 30 days should be extended to 60 days. Because of the circulation of petroleum products, most times it takes two weeks for a truck to leave Apapa and get to Gombe, Maiduguri, because of the bad road and all the rest of them and loading process,” he added.
Similarly, PETROAN National President, Billy Gillis-Harry, urged the Federal Government to allocate 30 per cent of the discounted petrol volume to the association’s retail outlets to facilitate broader national distribution.
Business
Tanzania Nears Completion of $42bn Equinor, Shell-Led LNG Project
In the bid to transform Tanzania into the East African regional energy hub, the country is on the verge of concluding an agreement with a consortium of energy companies, including a $42 billion LNG project.
It was gathered that the project is designed to tap the 47.13 tcf of gas discovered in Tanzania’s deep offshore fields, part of the country’s estimated 57.54 tcf in total discovered reserves, the sixth-largest in Africa, behind Nigeria, Algeria, Senegal, Mozambique and Egypt.
READ ALSO: Shell Identifies Keys to Nigeria’s Energy Future
Equinor and Shell would be the lead operators, alongside involvement from ExxonMobil Pavilion Energy and Medco Energi, while state oil major, the Tanzania Petroleum Development Corporation (TPDC), would also hold an equity stake in the project.
“It’s almost there,” Khamis Mussa Omar, Tanzania’s finance minister, told Reuters.






2z0n2x
Its like you read my mind! You seem to grasp a lot about this, like you wrote the e-book in it or something. I feel that you can do with some to power the message house a little bit, but other than that, that is wonderful blog. A fantastic read. I will certainly be back.
excellent post, very informative. I wonder why the other specialists of this sector do not notice this. You should continue your writing. I am confident, you’ve a great readers’ base already!
I¦ve learn several excellent stuff here. Certainly value bookmarking for revisiting. I surprise how so much effort you put to create the sort of fantastic informative site.
Hey there, You’ve done a fantastic job. I’ll certainly digg it and personally suggest to my friends. I am confident they’ll be benefited from this website.
I’m very happy to read this. This is the kind of manual that needs to be given and not the accidental misinformation that’s at the other blogs. Appreciate your sharing this best doc.
I precisely wished to appreciate you once more. I am not sure what I would’ve worked on in the absence of the actual creative concepts discussed by you about my subject matter. It absolutely was a very intimidating crisis in my opinion, nevertheless coming across a new professional avenue you treated it forced me to cry for contentment. Now i’m grateful for this support and thus trust you recognize what a great job you’re carrying out educating many people using your site. I am sure you’ve never come across any of us.
What i do not realize is if truth be told how you’re not really much more smartly-liked than you might be now. You’re very intelligent. You already know therefore significantly with regards to this topic, produced me individually consider it from a lot of varied angles. Its like women and men aren’t interested except it¦s something to accomplish with Girl gaga! Your personal stuffs great. All the time maintain it up!
great points altogether, you just gained a new reader. What would you suggest about your post that you made a few days ago? Any positive?
you’re really a good webmaster. The website loading speed is amazing. It seems that you’re doing any unique trick. Moreover, The contents are masterpiece. you’ve done a excellent job on this topic!
It is really a great and helpful piece of info. I am glad that you shared this useful information with us. Please keep us up to date like this. Thank you for sharing.
Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You clearly know what youre talking about, why throw away your intelligence on just posting videos to your site when you could be giving us something informative to read?
Nice read, I just passed this onto a colleague who was doing a little research on that. And he actually bought me lunch because I found it for him smile Thus let me rephrase that: Thanks for lunch! “Curiosity will conquer fear even more than bravery will.” by James Stephens.
I truly appreciate this post. I have been looking everywhere for this! Thank goodness I found it on Bing. You’ve made my day! Thank you again
I very thankful to find this internet site on bing, just what I was searching for : D likewise saved to my bookmarks.