$1tr GDP target
6 May
The National Insurance Commission (NAICOM) said that the insurance industry's contribution is vital to the realisation of the one trillion-dollar economy target of the federal government by 2026.
Latest
12 mins ago
• As output surpasses World Bank, IMF projections • Self-employed jobs jump to 85.6 per cent • Rising debt poses major risk to private sector growth, says Muda Yusuf Notwithstanding the high inflation rate, rising interest rates and company closure, escalating energy, insecurity and several other headwinds have impacted the economy, the National Bureau of…
15 mins ago
The defection of 27 lawmakers from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC) has left Rivers State in political turmoil and drawn condemnation from elder statesman Edwin Clark, who described the move as unconstitutional. Amid an escalating rift between Governor Siminalayi Fubara and former Governor Nyesom Wike, allegations of judicial compromise…
38 mins ago
Leading cola brand, Pepsi, has relaunched its 60cl LongThroat bottle with a disruptive marketing campaign. The brand tapped into the fabric of pop culture, unveiling its message of Big Big Tinz (Big Refreshment. Big Value) while leveraging the hit Big Big Things By Afrobeat Star, Young Jonn, to launch a Pepsi remix as the official…
40 mins ago
A non-governmental Organisation, Golden Organisation for Accountability in Leadership and Development (GOLD), focused on national development with Anambra State, has commenced the process of establishing skill-based universities in the South East. The Convener of the group, Ralphs Okey Nwosu, who spoke at the unveiling of the plan, yesterday, said the initiative is to drive socio-economic…
41 mins ago
Abia State Government has banned a free medical mission in Abiriba, Ohafia Local Council, disclosing that organisers did not obtain formal approval from the state Ministry of Health. The Commissioner for Health, Prof. Enoch Uche, in a statement, said that the attention of the state government has been drawn to the “unauthorised delivery of healthcare…
42 mins ago
Deputy Speaker of the House of Representatives, Benjamin Kalu, has said the South East geo-political zone accounts for no fewer than 268,000 Internally Displaced Persons (IDPs) due to ecological disaster. Speaking at a Roundtable Discussion with International Non-Governmental organisations (INGOs) in a programme titled, ‘Through Their Eyes: A Call To Action, Addressing Humanitarian Challenges In…
42 mins ago
The Nigerian Institute of Quantity Surveyors (NIQS) has decried the non-involvement of professionals, especially quantity surveyors in the costing component of the N15.36 trillion Lagos-Calabar coastal highway project. The body urged the Federal Government to revisit some of its policies that are causing hyperinflation to adversely affect the economy. The highway project has faced public…
44 mins ago
The European Union (EU), through an International Non-Governmental Organisation, Search for Common Ground (SEARCH), has partnered with Bundu-Ama and Igbisikala-Ama communities in Port Harcourt City Local Council, as well as security agencies to create a crime-free environment. The organisation's representatives, the community members, including youths, men and women, as well as some security operatives, at…
45 mins ago
The Monday sit-at-home in Anambra State has intensified, following recent attacks across the state. In response, private and mission schools operating on Mondays have suspended classes until further notice. The Catholic Education Council issued a directive, citing security concerns, announcing that schools would no longer hold on Mondays. Students were advised to stay home and…
46 mins ago
Stakeholders in the insurance industry across Africa said optimal adoption of artificial intelligence (AI) is needed to increase the penetration and growth of the industry. Insurance experts who gathered at the just-concluded West African Insurance Companies Association Conference in Accra, Ghana, said AI adoption would transform the industry. AI technology, according to them, has gained…