Global reinsurance business top player, Swiss Re, has announced a net income of $1 billion for the first half of 2021, as an improved performance in its property and casualty (P&C) business, helped to offset a COVID-19 driven loss posted in its life and health (L&H) reinsurance division. According to the latest performance reports on […]
Health & Environment
Australia’s Economy Rebounds, GDP Surpasses Pre-COVID 19 Rate
Australia’s economy has sustained its rebound trend, with the gross domestic product (GDP) rising by 1.8% in the first quarter of this year. Official statistics on the economy showed that the recovery surpassed analysts’ expectations as the growth rate now becomes larger than it was before the Covid-19 pandemic. According to the latest figures on […]
White House Mulls COVID-19 Vaccination Mandate For Federal Workers
The White House is reportedly mulling a policy of requiring federal employees to show evidence that they have been vaccinated against the coronavirus or otherwise submit to regular testing and wear a mask. The proposed measure is a potentially major shift in policy that reflects growing concerns about the spread of the more infectious COVID-19 […]
President Buhari Signs N982.7Bn Supplementary Budget Bill
President Muhammadu Buhari on Monday signed the 2021 Supplementary Appropriation Bill into law barely few weeks after its passage by the National Assembly. The Federal Executive Council (FEC) had about a month ago approved a draft supplementary budget of N895,842,462,917 for the year 2021. Briefing journalists at the State House on the signing of the […]
Lagos Launches Environment-Friendly Bike Share Scheme
Lagos State Government has launched a pilot phase of its Lagos Bike Share Scheme with 1,000 bikes, in line with the United Nations’ Sustainable Development Goals (SDGs) of reducing green gas emissions globally, as part of its efforts to make the state more environment-friendly for lives and fauna. Speaking at the event held at the […]
AU Envoy Tasks Pharmaceutical Firms On Local Production Of COVID-19 Vaccines
The African Union (AU) Coronavirus envoy, Strive Masiyiwa, has called on global pharmaceutical firms to license production of COVID-19 vaccines in Africa rather than just do piecemeal contract deals with governments as the pandemic enters its third wave in the continent. Masiyiwa gave the charge a day after Pfizer and BioNTech announced a “fill and […]
Global Disinfection Robots Market Revenues To Hit $561.45Mn By 2026
The global disinfection robots market has been projected to grow at a CAGR of over 30.69% during the period 2020−2026. A new report by Arizton – Advisory and Intelligence, an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world, titled ‘Disinfection Robots Market’ sourced by BRTNews.ng on Thursday indicated that […]
EU Mulls World’s First Carbon Border Tax For Cement, Other Goods
The European Commission on Wednesday initiated plans for the world’s first carbon border tax on imports of carbon-intensive steel, cement, fertilizers, aluminium, and electricity, as part of a programme to meet its new climate target. According to the commission, the border levy, which is designed to protect European industries from competitors abroad whose manufacturers can […]
France, UAE, Ecobank, Others Launch United Nations Fund On Malnutrition
UNITLIFE, the United Nations trust fund dedicated to preventing chronic malnutrition, was officially launched on the sidelines of the Generation Equality Forum held on Monday in France. The global programme created by UN Women, UN Capital Development Fund (UNCDF), Government of France, and the Abu Dhabi Crown Prince Court leverages innovative finance and partnerships to […]
NAFDAC To Certify Chemical Manufacturers’ Products, Premises
The National Agency for Food and Drug Administration and Control (NAFDAC) is set to commence the registration and certification of chemical manufacturers’ products and premises as part of its collaborative efforts to explore the international market to enhance the nation’s foreign exchange earnings and serve as a potent catalyst for industrial growth. The NAFDAC’s Director […]