Accounting & Financial Reports Agriculture & Agribusiness Banking Infrastructure & Capital Projects Investments/Capital Market Latest News Oil & Gas Planning & Economic Development Power/Electricity Sanitation & Hygiene Matters Science 'n' Technology

NSIA Reports N153.56Bn Profit Amid Global Investment Climate Uncertainties

Despite uncertainties in the global investment space and sundry fiscal constraints in the domestic environment, the Nigerian Sovereign Investment Authority (NSIA) has reported N153.56bn profit in the 2021 financial year. Despite the increasingly volatile global investment climate,  the NSIA which was set up by the Federal Government in 2012 to manage Nigeria’s Sovereign Wealth Fund, […]

Budgeting Economy News Extra Health & Environment Latest News Privatisation & Commerce Sanitation & Hygiene Matters

Functional healthcare system key to Nigeria’s socio-economic devt – Osinbajo

The Vice President, Prof. Yemi Osinbajo, has said that quality and affordable healthcare are central to Nigeria’s socio-economic development. The Vice President, this remark at the inauguration of the Health Sector Reform Committee recently. Osinbajo noted that “a society is probably only as prosperous, developed and happy as its healthcare system which is central to […]

Budgeting Economy News Extra Environment Latest News Sanitation & Hygiene Matters

AfDB Approves $10Mn To Enhance Liberia’s Climate Information Systems

The Board of Directors of the African Development Bank (AfDB) has approved a $10 million grant from the Green Climate Fund, for which the Bank is the accredited agency, to improve Liberia’s early warning weather systems. In addition to the grant, the project will also receive $431,969 from the Bank’s ClimDev Africa Special Fund and […]

Economy News Extra Health & Environment Hospitality & Tourism Industry Latest News Sanitation & Hygiene Matters Transportation

UAE Lifts Entry Restrictions On Nigeria, Kenya, South Africa

The United Arab Emirates (UAE) on Wednesday indicated its readiness to lift its entry and transit ban on travellers who had recently visited South Africa, Kenya, Nigeria, Ethiopia and eight other African countries. Other countries to be affected by the lifting include, Tanzania, Republic of Congo, Botswana, Eswatini, Lesotho, Mozambique, Namibia and Zimbabwe. The country’s […]

Economy News Extra Environment Health & Environment Latest News Manufacturing Sanitation & Hygiene Matters

NAFDAC Bans Sachet Alcoholic Drinks’ Registration

The National Agency for Food and Drug Administration and Control (NAFDAC) has banned the registration of alcohol drinks in sachets, small volume PET and glass bottles below 200ml. A statement signed by the agency’s Director General, Prof Mojisola Adeyeye, on the ban indicated that “the registration of new alcoholic drinks in sachets and small volume […]

Economy News Extra Environment Insurance & Pension Latest News Political Economy Sanitation & Hygiene Matters

Underwriters Believe Some Climate Risks Will Be Uninsurable – Researcher

Results from a new study by AXA, one of the global one of the world leading insurance and asset management groups serving over 100 million clients, indicated that 60% of risk managers fear that certain geographies or activities will become uninsurable in future due to the impact of climate change. AXA, in its latest its […]

Economy News Extra Environment Health & Environment Latest News Manufacturing Sanitation & Hygiene Matters

LCCI Charts Multi-Pronged COVID-19 Control Strategy For FG

As the surging wave of the new Omicron variant of the COVID-19 pandemic continues to create new anxieties across geo-political zones globally, the Lagos Chamber of Commerce and Industry (LCCI) has canvassed the adoption of a multi pronged approach by the government to further strengthen Nigeria’s response to the pandemic, especially in view of the […]

Investments/Capital Market Latest News Revenue Sanitation & Hygiene Matters

US SEC Charges Firm, Former Executives With Revenue Manipulation Scheme

The United States’ Securities and Exchange Commission (SEC) on Monday charged American Renal Associates Holdings, Inc. (ARA), a provider of dialysis services through clinics across the country, with engaging in a revenue manipulation scheme that resulted in the restatement of several years of financial reporting. The commission also charged two of ARA’s former chief financial […]

Budgeting Economy News Extra Health & Environment Latest News Professionals & HR Devt. Sanitation & Hygiene Matters

ILO Urges Global Leaders To Support UN’s Jobs, Social Protection Initiative

The International Labour Organisation (ILO) has called on countries to support the United Nations’ Global Accelerator for Jobs and Social Protection initiative in order to ensure a human-centred recovery from the pandemic and empower people to navigate the challenges of a rapidly changing world of work. ILO Director-General, Guy Ryder, who gave the charge in […]

Banking Economy News Extra Foreign Health & Environment Latest News Political Economy Sanitation & Hygiene Matters

Nigeria, 19 Others Benefitted From $2.69Bn COVID-19 Facility – World Bank

The World Bank Group has disclosed that Nigeria and 19 other countries benefitted about $2.69bn from the guarantees issued under the COVID-19 Fast Track Facility between 2020 and 2021. The Breton Woods institution made the disclosure in one of its newly published FY21 Multilateral Investment Guarantee Agency’s (MIGA’s) financial statement. It listed other beneficiaries of […]