According to This Day, The newly elected Chairman of the Nigerian Insurers Association (NIA), Kunle Ahmed, has said the increase in foreign Direct Investment (FDI) coming to insurance industry, especially in Q1 2024 and the various economic challenges plaguing Nigeria, have presented insurance industry with unique opportunities for growth and innovation. Ahmed stated this during...
According to Daily Trust, The Chairman, of the Senate Committee on Banking, Insurance and other Financial Institution, Senator Mukhail Abiru (APC, Lagos East) at the weekend stated that the recent increase in deposit insurance coverage by the Nigeria Deposit Insurance Corporation (NDIC) will enhance safety nets for depositors. The NDIC had earlier in the year...
Chidimma Uchegbu – Abuja The Minister of Information and National Orientation, Mohammed Idris, has urged the new generation of content creators and social media influencers to tone down negative rhetoric’s about Nigeria and prioritize the nation‘s interests by upholding the highest ethical standards in the expression and delivery of their crafts. Idris made the remarks...
The Minister of Works, Engr. David Umahi has described the award of the contract for the construction of Sokoto – Badagry Superhighway as a forty-eight year jinx being broken and a show of love for the people of the Northern part of the country by President Bola Ahmed Tinubu. Umahi who stated this at the...
Chidimma Uchegbu – Abuja Honourable Minister of Defence, H.E. Mohammed Badaru Abubakar CON mni, has urged the Nigerian Air Force to intensify efforts to dominate the airspace and contribute to ending insecurity in Nigeria, particularly in the North-West region. During a visit to the Headquarters 213 Forward Operating Base in Katsina State, the Minister stated,...
JONAS EZIEKE, Abuja The Federal Republic of Nigeria has sent words to congratulate incoming President Donald Trump on his victory as the next President of the United States of America. This is contained in a statement issued to newsmen by the Spokesperson Ministry of Foreign Affairs Amb. Eche Abu-Obe on Wednesday in Abuja. Nigeria he...
Phil Okose, Onitsha Movement for Actualization of Sovereign State of Biafra, MASSOB, otherwise called Biafra Independence Movement, BIM, reacted Friday to former President Olusegun Obasanjo’s comment on secession, saying Obasanjo’s hatred for the İgbos before, during and after the Biafran – Nigeria civil war, was real reason Igbos struggle for secession. In a swift reaction...
Peoples Democratic Party (PDP) has called on Economic and Financial Crimes commission (EFCC) to immediately release of former Gov. Ifeanyi Okowa of Delta. The party’s Deputy National Deputy Youth Leader, Timothy Osadolor, made the call at a news conference on Tuesday in Abuja. Operatives of the anti-graft agency had confirmed the arrest of Okowa, the...
IBRAHIM QUADRI As Nigerians face economic challenges, Lagos State Governor, Mr Babajide Sanwo-Olu on Tuesday urged citizens to, unlearn and upskill in vocational skills to remain viable for themselves and the country. Sanwo-Olu gave the charge at the 12th Graduation Ceremony for Up Skilled Tradesmen and Artisans, held in Agidingbi, Ikeja, Lagos. The event which had 1,...
The Nigeria Customs Service and the Nigerian Midstream and Downstream Petroleum Regulatory Authority are working together to tackle the problem of fuel that is meant for local use but is being diverted elsewhere. This collaboration is an important part of Nigeria’s overall plan to enhance energy security while also increasing fuel exports. This was discussed...
The Lagos State Traffic Management Authority (LASTMA) says a fatal road traffic collision on Ikorodu Road has claimed the lives of an eight-month-old baby and a female passenger. The General Manager of LASTMA, Mr Olalekan Bakare-Oki, said this in a statement on Sunday in Lagos. Bakare-Oki noted that the collision occurred opposite Olabode House, between...
No fewer than 11 people have been killed in a mass shooting at a Jewish festival in Sydney, Australian authorities say, adding that one of the two suspected gunmen was also killed in the “terrorist incident”. A total of 29 people were injured and taken to hospital, including two police officers, after the attackers on...
United Bank for Africa Plc (UBA) has announced significant changes to its Executive Board, following the completion of tenure by four long-serving Executive Directors. The retirements, which take effect on January 1, 2026, include Deputy Managing Director Mr. Muyiwa Akinyemi, and Executive Directors Mrs. Abiola Bawuah, Mr. Alex Alozie, and Mrs. Sola Yomi-Ajayi. In line...
Prominent Nigerian leaders have harped on the need for national unity through peaceful cohesion as a panacea to sustainable growth and development in the country. The leaders, include the National Security Adviser (NSA) Malam Nuhu Ribadu, Director-General of the Department of State Services Mr Oluwatosin Ajayi, Benue Governor Rev. Fr. Hyacinth Alia, Gombe State Governor...