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Heirs Insurance Group (HIG), comprising Heirs Life Assurance (HLA) Heirs General Insurance (HGI) and Heirs Insurance Brokers (HIB), has announced its financial results for the 2023 fiscal year, showcasing substantial growth and an impressive performance across all business indicators. The financial performance highlights the Group’s resilience and operational efficiency. The Group’s General and Life companies, ...
…Calls for innovative solutions to bridge healthcare gap Lagos State Governor, Babajide Sanwo-Olu, has revealed that the state is grappling with a staggering deficit of 66,000 hospital beds, significantly below the standards set by the World Health Organization (WHO). This alarming admission was made during the Nigerian Medical Association (NMA) Healthcare and Medical Expo held ...
…Electricity price cheapest in Nigeria compared to other African nations — Adelabu In a bid to address rising unemployment and improve access to electricity in rural areas, the Minister of Power, Oloye Adebayo Adelabu, has unveiled plans for a solar energy initiative aimed at training youths in assembling renewable energy systems. During a recent meeting ...
In a move to revamp Nigeria’s tax administration, President Bola Ahmed Tinubu has sought the approval of the National Assembly to rename the Federal Inland Revenue Service (FIRS). The President is also seeking the passage of three other bills to aid his tax reforms. Recall that President Tinubu upon assumption of office had approved the ...
…New policy will lower cost of living — Minister By Matthew Denis In order to reduce the hardship on Nigerians, the Federal government has exempted some range of key energy products and infrastructure, including Diesel, Feed Gas, Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), Electric Vehicles, Liquefied Natural Gas (LNG) infrastructure, and Clean Cooking ...
The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday signed a Memorandum of Understanding (MoU) with the Petroleum Commission, Ghana (PCG) towards developing and deepening local content regulations in Ghana’s upstream petroleum sector. The signing ceremony took place at the sidelines of the 2024 Annual Local Content Conference and Exhibition held at Takoradi, Ghana. ...
...Launches 2024-2028 strategic action Plan to combat corruption By Matthew Denis The Chairman of Independent Corrupt Practices and other related matters (ICPC), Dr. Musa Adamu Aliyu has disclosed that the commission has made significant progress in discharging its mandate by recovering over N13 billion in diverted public funds in September, 2024 alone. The Chairman made ...
In a move to tackle dilapidated road infrastructure across the country, the Minister of Works, Sen. Engr. Nweze David Umahi has launched a special operation to tackle the menace. This is as the Ministry kicked off with repairs on the failed sections of the 7 km Lagos-Sango-Otta-Abeokuta road. In a survey by NewsDirect, we observed ...
…Launch ad hoc committee to investigate Minister of Special Duties …Majority leader advocates for historical corrections in national honours By Babtunde Opoola, Abuja In a dramatic display of discontent, members of the 10th House of Representatives have unanimously protested President Bola Tinubu’s decision. Recall that Tinubu in his 64th independence speech, awarded to award Speaker ...
...Tinubu promises relief amid economic hardship, calls for patience ...We’re not happy with FG policies — Osun protesters ...Participants in Ibadan rally demand reversal of fuel subsidy removal ...Jonathan advocates for stronger institutions to secure Nigeria’s future By Correspondents As Nigeria celebrated its 64th Independence Day yesterday October 1st, the streets of Lagos, Osun, Oyo, ...
By Babatunde Opoola, Abuja President Bola Ahmed Tinubu has conferred the honour of the Grand Commander of the Order of the Niger (GCON) on the President of the Senate, Senator Godswill Akpabio, and the Chief Justice of the Federation, Justice Kudirat Kekere Ekun. The President made this declaration during his independence day speech yesterday,, adding ...
The Federal Government, through the Presidential Compressed Natural Gas Initiative (P-CNGi) and the Federal Ministry of Youth Development, has commenced the distribution of 2,000 Compressed Natural Gas (CNG)-powered tricycles. The unveiling took place on October 1, 2024, at the Old Parade Ground in Abuja, coinciding with Nigeria’s 64th Independence anniversary. Project Director of the P-CNG ...
...Approves new conditions for agric credit loans to smallholder farmers Excitement was palpable as Oyo State Governor, Engr. Seyi Makinde yesterday declared a six-month extension for the state’s Sustainable Action for Economic Recovery (SAfER) Transport Scheme. The Governor made this known during his Independence Day Address relayed on the Broadcasting Corporation of Oyo State (BCOS). ...
By Sodiq Adelakun President Bola Ahmed Tinubu has assured Nigerians of his administration's commitment to eradicating the threats posed by Boko Haram, bandits, and kidnappers. Speaking in his Independence Day address on Tuesday, he commended the armed forces and security agencies for their intensified efforts in combating insecurity across the nation. “On the security front, ...
Babatunde Opoola Abuja. President Bola Ahmed Tinubu conferred the prestigious Grand Commander of the Order of the Niger (GCON) upon Senate President Godswill Akpabio and Chief Justice of the Federation, Justice Kudirat Kekere Ekun, during his Independence Day speech on Tuesday. The President also announced that the Deputy Senate President, Senator Barau Jibrin, and the ...
Access Bank Plc has reinforced its dedication to advancing women’s empowerment across Southern Africa with the relaunch of its ‘W’ Initiative in Zambia and Botswana. The ‘W’ Initiative, which provides a wide array of financial services and support programs specifically designed for women, is a key component of Access Bank’s broader strategy to drive financial ...
In a groundbreaking move, the Federal Government, through the Midstream and Downstream Gas Infrastructure Fund (MDGIF), has approved the investment of N122 billion in six indigenous companies, marking a significant milestone in Nigeria’s quest for energy security and gas infrastructure development. Minister of State Petroleum Resources (Gas) and Chairman of the MDGIF Governing Council, Rt. ...
…We’ll not be deterred – Sowore vows as police deploy personnel …No procession, rally will be allowed in Abuja – AIG …Atiku warns of democratic erosion, says Nigeria’s progress threatened by lack of political inclusivity …Nigeria still a crawling giant at 64 – CUPP By Sodiq Adelakun As Nigeria celebrates its 64th independence day, the ...
In a display of compassion and justice, Ondo State Governor, Hon. Lucky Orimisan Aiyedatiwa, has graciously extended mercy to 117 convicts currently serving prison terms in the State, a transformative decision aimed at reforming the lives of those affected. This initiative follows recommendations from the Advisory Council on the Prerogative of Mercy, highlighting a commitment ...
President Bola Tinubu will deliver a nationwide broadcast on Tuesday, 1 October 2024, at 7 am. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, announced this in a statement on Monday. The statement is titled, ‘October 1st 2024 Independence Day: President Tinubu addresses the nation.’ Onanuga added that the broadcast is ...
President Bola Tinubu on Monday promised to uphold the independence and sanctity of the Nigerian judiciary. Tinubu reiterated this when he swore in Justice Kudirat Kekere-Ekun as the 23rd substantive Chief Justice of Nigeria at the Council Chamber of the Aso Rock Villa, Abuja. Kekere-Ekun, the second female CJN in Nigeria’s history, was sworn in following ...
…Tinubu reiterates commitment to easing cost of living …As unions express growing frustration over fuel hikes By Sodiq Adelakun In a significant move aimed at alleviating the cost of living for Nigerian workers, the government of President Bola Tinubu on Sunday presented 64 Compressed Natural Gas (CNG) buses to labour and student leaders at the ...
Social media personality and cross-dresser, Idris Okuneye, popularly known as Bobrisky, has slammed a lN1bn defamation lawsuit against internet activist and influencer, VeryDarkMan (VDM). The legal battle stems from VDM sharing a voice recording, which he alleged was that of Bobrisky claiming to have bribed officials of the Economic and Financial Crimes Commission, EFCC, with ...
