The Nigerian Insurers Association (NIA) has inaugurated two technical committees on agricultural insurance and reinsurance to strengthen expertise and promote industry best practices. The association disclosed this in a statement on Thursday, noting that the inauguration increased its technical committees to 16. Speaking at the inauguration, NIA Director-General, Mrs Bola Odukale, described the committees as essential platforms for advancing Nigeria’s insurance industry. Odukale said the committees were set up following calls by Governing Council members and stakeholders for dedicated platforms to address emerging issues in key insurance segments. She said the Agricultural Insurance Technical Committee would promote best practices while…
Author: Newsdesk
The British American Tobacco Nigeria Foundation (BATNF), in collaboration with the Jigawa State Government, has provided poultry starter kits to 200 women to support their livelihoods. Each beneficiary received 20 Noiler birds, a bag of poultry feed and medication after undergoing training under the Empower-Her Poultry Project. Adetola Oniyelu, Project Manager of the BATN Foundation, disclosed this on Thursday at the inauguration of the project at the Jigawa State Agricultural and Rural Development Authority (JARDA), Dutse. Oniyelu, who represented the foundation’s General Manager, Oludare Odusanya, said the beneficiaries were selected from rural communities and trained in Noiler production. He said…
Mr Ganiyu Oseni, Special Adviser on Technology, Broadband and Innovation to the Lagos State Governor, has urged Nigeria to lead Africa in digital finance, tokenised assets and cross-border financial settlement. Oseni gave the charge at the close of the Gulf Information Technology Exhibition (GITEX) Nigeria, a three-day digital finance summit held in Lagos on Thursday. He said Nigeria must move beyond being a market that simply adopts technologies developed elsewhere and instead develop home-grown solutions capable of positioning the country as a leader in Africa’s digital financial ecosystem. According to him, Nigeria has the talent, technology ecosystem and market size…
Prof. Palokinam Pitche, Director-General of the West African Health Organization (WAHO), has visited the Economic Community of West African States (ECOWAS) Regional Centre for Surveillance and Disease Control (RCSDC) in Abuja. The visit, disclosed on Thursday in a statement, focused on strengthening strategic collaboration and coordination between WAHO leadership and the RCSDC to improve health security and preparedness across the ECOWAS region. During the working session, Pitche reviewed the RCSDC’s activities, including recent achievements, operational challenges and prospects for strengthening disease surveillance and response, while discussing priorities for effective regional health security. “The discussions provided an opportunity to identify areas…
President Bola Tinubu has extended warm congratulations to former Secretary to the Government of the Federation (SGF), Boss Mustapha, on the occasion of his 70th birthday. In a tribute to commemorate the milestone in Abuja, Tinubu described Mustapha as “an exceptional leader, bridge-builder, and a pillar of the nation’s public service”. Tinubu commended Mustapha on his seven decades of life, noting that the former SGF’s career has been consistently defined by humility, diligence, and an unwavering commitment to the progress of Nigeria. Reflecting on Mustapha’s tenure as SGF from 2017 to 2023 under former President Muhammadu Buhari, Tinubu praised his…
Zoho Corporation says it has upgraded its Catalyst cloud platform with new AI-powered tools to help developers turn computer-generated code into working applications more easily. The Country Head of Zoho Nigeria, Mr Kehinde Ogundare, disclosed this in a statement on Thursday in Lagos. Ogundare said the new tools would simplify the process of building, testing and launching applications, while reducing the time and effort developers spend managing technology. He noted that AI coding tools had made it faster to create applications, but getting those applications ready for real-world use remained challenging. According to him, Catalyst is designed to reduce such…
The naira strengthened further in the official foreign exchange market on Wednesday, reaching N1,326.69 per dollar, its strongest level in two years, amid improved dollar liquidity and stronger external reserves. The latest appreciation came as Nigeria’s foreign exchange market recorded increased activity, with market turnover rising to $14.68 billion in August, the highest monthly level in five months. Data from the Financial Markets Dealers Association (FMDA) showed that the naira gained 1.5 percent against the dollar during the month, reflecting improved liquidity in the Nigerian Foreign Exchange Market (NFEM). Nigeria’s external reserves also rose to $53.51 billion in August, the…
Kaduna’s ACReSAL project has started compensating residents affected by a 3.8-km flood-control initiative aimed at reducing flooding and erosion in Kawo community. The compensation, part of the ACReSAL Project, is expected to facilitate construction along the designated corridor in Kaduna North Local Government Area. Hadiza Halid, ACReSAL Project Coordinator, called the exercise a major milestone in the state’s efforts to combat persistent flooding and enhance environmental resilience. She emphasized the government’s commitment to ensuring Project Affected Persons (PAPs) receive fair compensation before construction begins. Halid also highlighted that the intervention reflects the administration’s dedication to sustainable development and protecting vulnerable…
The naira has strengthened to around N1,800 against the British pound in the official foreign exchange market, marking its strongest level against the sterling in about seven months. The latest movement represents a further appreciation of the Nigerian currency after it traded largely within the N1,800-N1,850 per pound range over the past few weeks. Recent trading has also shown reduced volatility, with the pound-naira pair settling into a narrower range as buying and selling pressures become more balanced. Market levels indicate resistance around N1,840 per pound, while stronger resistance is expected between N1,880 and N1,900. On the downside, support is…
The National Council of Women Societies (NCWS) has announced plans to organise aerobic exercise sessions every three months to promote healthy living and physical activity among Nigerian women. The National President of NCWS, Princess Edna Azura, said this on Thursday in Abuja during an aerobic exercise organised by the council for members and affiliated groups. Azura said the initiative was prompted by the need for women to adopt healthier lifestyles, particularly as changing dietary habits and inadequate physical activity contributed to poor health outcomes. She urged Nigerian women, especially older women, to embrace regular exercise as part of their daily…