The recent banking meltdown and collapse of Silicon Valley Bank have led to investors seeking more stable alternatives, and money market funds have seen an influx of cash as a result. These funds invest in short-term securities like government bonds and commercial debt, and aim to provide investors with a stable investment option that offers…
Some residents of Kogi, Nasarawa and Minna have received with mixed feelings, the third-party insurance policy being enforced by the Nigeria Police Force across the country. The News Agency of Nigeria (NAN) reports that while some residents welcomed the policy they described as a blessing in disguise, some kicked against it, saying it would benefit…
The healthcare sector in Zamfara State has been thrown into turmoil as nurses and midwives embarked on a six-day strike over the state government’s failure to fulfil long-standing promises. The industrial action, which began on Monday, was announced by the leadership of the Nurses and Midwives Association of Zamfara State, who described the move as…
The National Agency for the Prohibition of Trafficking in Persons (NAPTIP), Kano Zonal Office, says lack of economic opportunities, poor access to education and ignorance of associated risks are major drivers of human trafficking in Nigeria. The Zonal Commander, Mr Abdullahi Babale, said this on Wednesday in Kano, while presenting a paper at a two-day…
Nigeria is partnering with Australia to address the skills deficit in the mining sector. This announcement was made by Dele Alake, the Minister of Solid Minerals Development, through a statement from his media assistant, Segun Tomori, on Sunday in Abuja. One of the notable outcomes of this partnership is the recent launch of a two-week…
The release of U.S. national, Marc Fogel, sentenced in Russia to 14 years in prison for possession of cannabis, demonstrates that the great friendship between Presidents Donald Trump and Vladimir Putin would continue, U.S. Special Envoy to the Middle East, Steve Witkoff said on Wednesday. “And I think that’s maybe a sign about what working…
A Nigerian policy advocacy group has called on President Bola Tinubu to press ahead with his economic reforms, warning that the approach to the 2027 general elections must not derail ongoing progress. At a press briefing in Abuja on Tuesday, Omoniyi Akinsiju, Chairman of the Independent Media and Policy Initiative (IMPI), said the government’s structural…
Israel has ordered the closure of six schools run by the UN agency for Palestinian refugees (UNRWA) in occupied East Jerusalem, Palestinian authorities have said. The UN agency said the security forces entered the six schools and gave “illegal” closure orders effective in 30 days. It said the school closure directly impacted some 800 boys…
Mr Bola Babarinde, a former Chairman of All Progressives Congress (APC) in South Africa, has urged Nigerian government and other African countries, to leverage on President Donald Trump’s perceived harsh policies to accelerate development in the continental. This is contained in a statement signed by Babarinde and made available to the News Agency of Nigeria…
India reported over 12,000 COVID-19 infections on Thursday, an increase of nearly 2,000 cases compared to yesterday. As many as 12,591 cases were registered, the daily COVID-19 report shared by the government showed. The country’s active caseload currently stands at 65,286 – 0.14% percent of the total cases. India reported over 10,000 cases for the…
