Business news
Amaka Obiefuna. The National Insurance Commission (NAICOM) has identified that the implementation of the Index Based Agricultural Insurance (IBAI) would enhance agricultural productivity, create employment opportunies and also play key role in ongoing efforts by the present administration to diversify the Nigerian economy in the next few years. IBAI is a relatively new financial instrument […]
About 152 million Nigerians live on less than $2 a day, representing about 80 per cent of the country’s estimated 190 million population, the African Development Bank has said. According to the AfDB, which stated this in its 2018 Nigeria Economic Outlook, the level of poverty in the country is unacceptably high. The Nigeria Economic […]
The naira recorded a marginal gain at the parallel market on Monday, closing at 363 per United States dollar, up from 364/dollar on Friday. The local currency has been trading between 362/dollar and 365/dollar in recent weeks. Analysts have said that the naira is likely to remain stable against the greenback this week as demand […]
Amaka Obiefune Nigeria’s Insurance Sector needs strong media support for image improvement just as the Insurance Industry Consultative Industry (IICC ) was formed to raise the profile of the industry, Funmi Babingtom-Ashaye, the Chairman, IICC has said delivering her welcome address at the ongoing 2018 IICC Media Retreat taking place in Ijebu-Ode, […]
The Nigerian Air Force (NAF) has graduated 1,544 recruits. The recruits have just successfully completed the Basic Military Training Course (BMTC) 38/2017 at the NAF’s Military Training Centre (MTC), Kaduna. According to a press statement by Air Vice Marshal , Director of Public Relations and Information Olatokunbo Adesanya , the Nigerian Air Force Chief of […]
Winifred Bosa Young people must be involved at all levels of policy-making and in all processes that affect them, including in the design of national plans, according to a summary statement issued at the end of a United Nations forum on youth. The statement – issued by the President of the UN Economic and Social […]
Stressing the importance of quality education for the future of young people and children, senior United Nations officials, including the head of its education agency and the UN youth envoy, called for cooperation to strengthen education and learning programmes in all corners of the world. “No single country or agency can tackle the challenges of […]
Millions of people suffering from cancer in developing countries still lack access to effective prevention, screening, early diagnosis and treatment, the head of the United Nations International Atomic Energy Agency (IAEA) said, urging continued efforts to ensure greater access to these vital services. “Twenty-eight African countries do not have a single radiotherapy machine,” said Yukiya […]
Secretary-General António Guterres has made it clear that the United Nations will not tolerate sexual harassment “anytime, anywhere,” within its ranks and laid out a five-point plan to ensure equality across the Organization, which he said was critical to tackle on the challenge of such behavior. “I reaffirm my total commitment to the UN’s zero […]
Nearly three in ten young people between the ages of 15 and 24 living in conflict- or disaster-affected countries are illiterate, the United Nations Children’s Fund (UNICEF) said calling for greater investments in the education, particularly for the most disadvantaged children and youth. The situation is particularly dire for girls and young women in that […]