According to The Punch, Agriculture forms the backbone of Nigeria’s economy, providing employment for over 70 per cent of the population and contributing significantly to the country’s Gross Domestic Product. However, despite its critical role, Nigeria faces persistent food insecurity. One of the major causes is post-harvest losses—losses that occur after crops have been harvested but...
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...
The Attorney-General of the Federation, Mr Lateef Fagbemi (SAN), has hailed Monday’s decision by the Supreme Court, affirming the President’s power to declare emergency rule in any state of the federation. This is contained in a statement issued by Mr Kamarudeen Ogundele, the Senior Assistant to the President Communication and Publicity office of the AGF...
The Association of Resident Doctors, University of Abuja Teaching Hospital (ARD-UATH), has urged Nigerians to be more conscious of their health and adopt preventive measures to avoid falling sick. The President of ARD-UATH, Dr Adewale-Adeleye Premiere, made the call during a medical outreach organised for police officers at Mopol 44 Barracks, Kuje, Abuja, and their...
The Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc. This is according to a statement by CBN’s Acting Director, Corporate Communications Department, Hakama Sidi-Al. Sidi-Ali said the action was part of the apex bank’s efforts to re-position the mortgage sub-sector...
Nigeria’s digital healthcare sector could grow to 3.3 billion dollars by 2030, according to the News Agency of Nigeria, signalling expanding investment, technology adoption, and opportunities within the country’s health industry. A Consultant Public Health Physician at the University of Ilorin Teaching Hospital, Dr Sarumi Olakunle, disclosed this Tuesday in Ilorin during a paper presentation...
The Nigeria Police Force had insisted that there was no court order that restrained the force from enforcing tinted glass permit as being speculated. The Force Public Relations Officer, CSP Benjamin Hundeyin told newsmen on Tuesday in Abuja that the order being talked about was to maintain status quo on the issue. He said the...