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1,500 People Benefited From Free Surgery Programme- Gov Abiodun

Ogun State Governor, Prince Dapo Abiodun, on Monday disclosed that over 1,500 people had so far benefitted from the ongoing surgeries under the Free Surgery Intervention Programme of his administration. The governor, who disclosed this while monitoring the sale of discounted rice to civil servants at the State Secretariat, Oke-Mosan Abeokuta, maintained that thousands of […]

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Global Nat Cat Insured Losses Hit $20Bn In Q1 2024 – Gallagher Re

Gallagher Re has estimated that global insured losses from natural catastrophes in Q1 of 2024 were $20 billion, heavily driven by severe convective storm (SCS) activity in the US. According to the global reinsurance broker’s Natural Catastrophe & Climate Report, insured losses in Q1 2024 were 10% higher than the decadal average of $18 billion. […]

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Nigeria Blazes Medical Trail, Launches Men5CV Meningitis Vaccine

Nigeria has become the first country globally to launch Men5CV vaccine, which is recommended by the World Health Organization (WHO) for the prevention of meningitis globally. The Men5CV vaccine rollout by the country represented a major milestone in the global efforts targeted at combating meningitis outbreak, as it provides broader protection than the previous vaccines. […]

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Welfarist Policies Crucial To Bridging Nigeria’s Housing Deficit – Adesina

…As 49% Of Population Lives In Slums The President of African Development Bank (AfDB), Dr. Akinwumi Adesina, has charged the Nigerian government to urgently introduce welfarist policies needed to ensure all Nigerians have access to basic and affordable housing. Adesina, who gave the charge in his lecture at the occasion where he was honoured with […]

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‘Cost of Healthy Diet’ Highest In S/West In January 2024 – NBS

The National Bureau of Statistics (NBS) reported on Friday that the National average Cost of a Healthy Diet (CoHD) was N858 in January 2024. The Bureau, in its ‘Cost of Healthy Diet January 2024’ report published on Friday, March 8, indicated that the report’s findings showed that the average CoHD was highest in the South […]

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FG Inaugurates Committee On Carbon Market Activation Plan

The Federal Government on Thursday inaugurated an Intergovernmental Committee on Carbon Market Activation Plan with the mandate of exploring opportunities in Africa’s $2.5 billion carbon market for the nation’s economic development The Vice President, Kashim Shettima, who inaugurated the committee on behalf of the President, Bola Tinubu, said the committee’s mandate was to develop a […]

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World Bank, UN, Gates Foundation Pledge $600Mn To Combat Cancer

Global health donors, including the World Bank Group, Bill & Melinda Gates Foundation and the United Nations Children Education Fund (UNICEF), have pledged nearly $600 million to combat cervical cancer, marking the first-ever global forum solely dedicated to eradicating the disease. The World Bank is committing $400 million to the fund over three years, while […]

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Reps Urge NAFDAC To Suspend Ban On Sachet Alcoholic Drinks

The House of Representatives Committee on National Agency on Food, Drugs Administration, and Control (NAFDAC), has advised the agency to suspend the enforcement of its recent ban on sale of spirits and alcoholic drinks in sachets and pet bottles. The committee’s advice was based on the need for the Legislature to conclude its investigation on […]

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AFC Seals $40Mn Equity Investment Deal On Abuja Hospital Project

Africa Finance Corporation (AFC) the continent’s leading instrumental infrastructure solutions provider, today signed an equity investment term sheet at the inaugural AMCE African Health Forum in Abuja, pledging up to US$40 million towards the construction of the African Medical Centre of Excellence (AMCE) Abuja hospital. The 500-bed medical health facility is currently being developed by […]

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AfDB Board Approves $10Mn For Africa’s Green Transition Projects

The Board of Directors of the African Development Bank Group (AfDB) has approved the proposal to take an initial stake of up to $10 million in the “Alliance for Green Infrastructure in Africa – Project Development” (AGIA-PD)” Fund as part of its investment supports for successful green transition of African countries. A news report from […]