COVER STORY |

Experts Caution Nigeria Against Relying On Loans, Urge Focus On Domestic Revenue And Investment Transparency

Kingsley Chukwu10 months ago03 mins

As Nigeria prepares to take on new external and domestic loans totalling over $21 billion, economists are urging the government to prioritise sustainable funding models and utilise domestic revenues more effectively. Professor Sherifdeen Tella of Babcock University and Dr Ayo Teriba, CEO of Economic Associates, raised concerns over the federal government’s latest borrowing plan presented…

Veritas Kapital Wins Resilience Award Amid Expanding Role In Nigerian Insurance Sector

Kingsley Chukwu10 months ago02 mins

Lagos, Nigeria — Veritas Kapital Assurance Plc has clinched the title of ‘Most Resilient Insurance Company of the Year 2024’ at the Champions Awards, a ceremony held in Lagos to celebrate outstanding performance across Nigeria’s business landscape. The award reflects Veritas Kapital’s sustained performance during a turbulent economic period and recognises its innovation, customer-centric approach,…

Nigerian Works Minister Declares Unwavering Loyalty to President Tinubu

Kingsley Chukwu10 months ago02 mins

Nigeria’s Minister of Works, Senator David Umahi, has publicly reaffirmed his deep loyalty to President Bola Ahmed Tinubu, declaring that after God, the President is the only person from whom he takes directives. Speaking to journalists in Abakaliki, Ebonyi State, the former governor expressed profound gratitude for the president’s recent commendation of his work on…

$1trn Economy: NCRIB Urges Tinubu To Prioritise Insurance

Kingsley Chukwu10 months ago04 mins

The Nigerian Council of Registered Insurance Brokers (NCRIB) has urged President Bola Tinubu to prioritise insurance as a key driver in achieving a $1 trillion economy. Mr Tope Adaramola, Executive Secretary of NCRIB, made the call during an interview with the News Agency of Nigeria (NAN) on Monday in Lagos. Adaramola said the insurance sector…

Tinubu Making Nigeria Great Again — Lawmaker

Kingsley Chukwu10 months ago04 mins

A Lagos lawmaker, Mr Temitope Adewale, says President Bola Tinubu is working assiduously to make Nigeria great again. Adewale, representing Ifako-Ijaiye Constituency I at the Lagos State House of Assembly,sais this in a statement issued on Monday, after a visit to the President in Lagos. According to him, Tinubu’s effort to reduce poverty in Nigeria…

Association Hails FAAN’s Establishment Of Cargo Hub At Lagos Airport

Kingsley Chukwu10 months ago03 mins

The Domestic Airports Cargo Agents Association (DACAA) on Monday hailed the opening of a cargo terminal at the General Aviation Terminal operated by the Federal Airports Authority of Nigeria (FAAN) in Ikeja. The Acting Chairman, Board of Trustees, DACAA, Mr John Ekeanya, said that the new cargo hub would improve the contributions of domestic cargo…

Lagos PDP Spokesman, Other Leaders Dump Party, Join Jandor In APC

Kingsley Chukwu10 months ago08 mins

The Lagos State PDP Spokesman, Alhaji Hakeem Amode, has dumped the main opposition party in the state for the ruling All Progressives Congress (APC). Amode, along with other PDP chieftains ,announced his defection at a news conference on Monday in Ikeja. Speaking ,Amode said he and other defectors were motivated and inspired by the visionary…

Saudi Arabia Strengthens Hajj Health Protocols With Injury Prevention Guidelines

Kingsley Chukwu10 months ago02 mins

In a move to enhance the safety and well-being of pilgrims, the Saudi Ministry of Health has introduced detailed guidance to manage common health issues that may arise during or after Hajj. The multilingual guidance – published in eight languages – includes recommendations for preventing slips and falls, the proper use of footwear, and managing…

Pilgrims To Enjoy Cooler Hajj Seasons As Summer Ends For 25 Years

Kingsley Chukwu10 months ago02 mins

The National Centre for Meteorology (NCM) has confirmed that 2025 will mark a turning point for the annual Hajj pilgrimage, with this year likely being the last time it will coincide with extreme summer heat until 2050. Speaking to reporters, NCM spokesperson Hussein Al Qahtani stated that the seasonal shift comes as a natural result…

Police Nab 27 Suspects In Kaduna

Kingsley Chukwu10 months ago03 mins

The Police Command in Kaduna State, said security operatives stormed criminal hideouts in the Kawo Area of Kaduna and arrest 27 suspected criminals, recovered dangerous weapons and hard drugs. The command’s dpokesperson, DSP Mansir Hassan, confirmed the arrest in a statement issued on Monday in Kaduna . Hassan said, “The action was in line with…