The Development Bank of Nigeria says it plans to disburse N150 billion to Micro Small and Medium Enterprises across the country. Nnanna said that the disbursement would be done through participating financial institutions for onward lending to MSMEs across various sectors of the economy. “By and large we have seen some growth across the MSME space because we measure the job creation levels of the money we disburse through our participating financial institutions. Nnanna urged the participating financial institutions to provide the needed aid for MSMEs to continue to grow amidst the prevailing economic challenges in the country. “Consequently, I sincerely believe there is probably more now than ever development financial institutions have to spring into action to come to their aid.

September 11, 2023 20:22 UTC

The United States President, Joe Biden, who met with President Bola Tinubu, Sunday, on the sidelines of the G20 in New Delhi, India, said the meeting was to reaffirm the country’s commitment to the US-Nigeria relationship. Biden said his administration was committed to the longstanding friendship between both countries and peoples. Biden praised the efforts made by the Tinubu administration to bring about economic reforms in Nigeria. The PUNCH also reports that Tinubu held bilateral meetings with the leaders of Germany, South Korea and India. Responding to the economic focus of Tinubu’s proposal, the German Chancellor acknowledged the mutually beneficial nature of an escalation in the scale of economic ties with Nigeria.

September 11, 2023 20:22 UTC

It’s not out of place to want to cut down on spending, if you notice the need for it. Deciding to reduce spending could increase your chances of saving more, and avoid financial leakages. This will help to cut down on spending. AutosaveTo cut down on spending, some applications have an autosave option that you could use. Keep your savings account credit card out of sightIf you have savings in an account, and you know you can easily access the credit cards.

September 11, 2023 19:48 UTC

Four people died near Barcelona after being hit by a suburban train, authorities made this known on Monday. Initially, the Civil Protection Agency had reported three dead and one injured in Sunday night’s accident but later it said in a post on social media platform X, formerly Twitter. The fourth person dead was the injured person who died in the hospital. A group of seven people had tried to cross the tracks near Montmeló station, within the Barcelona metropolitan area, when it was already dark in an area where crossing isn’t allowed. Accidents occur often when people try to cross the tracks instead of using pedestrian underpasses in suburban areas of Spain.

September 11, 2023 11:26 UTC

India formally handed over the G20 presidency to Brazil at the closing ceremony of the annual summit of the grouping, that was held in New Delhi this weekend. India Prime Minister Narendra Modi completed the transition by handing over the ceremonial gavel of the presidency to Brazil President Luiz Inacio Lula da Silva. India has had the presidency of the G20 since Dec. 1, when it took over from Indonesia, and will continue to hold the position until Nov. 30. During the two-day summit, the bloc adopted a consensus declaration that made commitments on several issues, including food and energy security, climate change, and global debt vulnerabilities. “In that session, we can review the topics decided during this summit,” Modi said, adding that details would be shared with members.

September 11, 2023 08:34 UTC





In this piece, JOSEPH INOKOTONG writes that innovation through the use of technology will continue to shape the landscape of the insurance industry in Nigeria. There are potential ways in which innovation can enhance the growth of the insurance industry in Nigeria. In addition to focusing on customer experience and feedback, there are a few other ways insurance companies can work with customers to drive innovation. Ms. Prisca Soares, former Secretary General of the African Insurance Organisation (AIO), said the lack of skilled manpower, especially the dearth of actuaries, is presently challenging the insurance industry. The insurance industry needs conscious efforts to address this because it is critical to their business,” she stated.

September 11, 2023 06:40 UTC

The governors under the auspices of the North-East Governors’ Forum stated this in a communique issued at the end of their 8th Meeting which was held in Maiduguri, Borno State on Saturday, September 9th, 2023. They specifically mentioned Bauchi, Gombe, and Taraba States as becoming a safe haven for the terrorists. “While acknowledging the relative success recorded against insurgency, a new dimension of growing banditry is added to worsen the security situation in the subregion. “The case is becoming worse in Bauchi, Gombe, and Taraba, places hitherto without banditry. It added that the proliferation of legal and illegal mining in the region is becoming a problem, noting that there is a link between mining activities and insecurity, especially the abuse of the mining leases.

September 11, 2023 02:24 UTC

The Minister of State for Health and Social Welfare, Dr. Tunji Alausa, said the Federal Government will digitalise the healthcare system for better health outcomes. He also said the government will increase funding for research and digitalising the health system will help to facilitate accurate data to improve the sector in line with the ‘Renewed Hope Agenda’ of President Bola Tinubu. We will unleash our clinical research, translational research, and basic research because we will put more money into research. “We’ve done trials on Nigerians, and we know how the drug will work better, and which one will not work better. So we will be really moving our research system into a more robust, focused, and directional platform.”

September 10, 2023 23:51 UTC

He said, “Paul said his brother (Ejike) had a son who had a hunchback which he was planning to do away with. He said when the boy was much younger, the father attempted to sell him, but it didn’t work out well. “My first contact was an NGO in Owerri, Imo State, which said they would extract the ‘mercury’ and pay us N5m. He noted that the victim’s father, Ejike, kept visiting his office and disturbing him. Speaking through his media aide, Obed Douglas, he confirmed the arrest, adding that the two pastors and the victim’s father had been arrested.

September 10, 2023 21:02 UTC

Flowers attract pollinators like butterflies, bees and moths, which are crucial to our survival. Insects are also beneficial to our human existence. According to the Federation of Wild Life, insects pollinate our crops and wild plants, providing one-third of our food and allowing wild plants to reproduce and produce the berries, fruits, seeds, and other plant foods that form the base of the natural food web. You just might be saving humanity from hunger by planting flowers.

September 10, 2023 20:06 UTC

The Asset Management Corporation of Nigeria (AMCON) is Unity Bank’s foremost shareholder, holding 34.2 per cent of the bank’s ordinary shares. Unity Bank’s foreign exchange revaluation loss for the period stood at N35.4 billion, according to the bank’s financials, compared to N16.2 million a year earlier. The financials showed N8.9 billion in long-term loans from the African Export-Import Bank after conversion from the US dollar. Revenue for the period saw a flattish growth as gross earnings climbed to N27.8 billion from N27.6 billion. According to the balance sheet, its total liabilities of N688.8 billion exceeded its total assets by 35.1 per cent.

September 10, 2023 19:09 UTC

What's New Your Weekly Catchup With Guardian Life By Chidinma Okobi In a world brimming with captivating stories, Guardian Life has diligently curated the week's most enthralling and enlightening events. BBN All-Stars Eviction During the latest episode of the BBN All-Stars, Ike and Seyi were the contestants to face eviction. Lucy, Prince Nelson, and Seyi shared their final moments with…In a world brimming with captivating stories, Guardian Life has diligently curated the week’s most enthralling and enlightening events. Lucy, Prince Nelson, and Seyi shared their final moments with their fellow housemates, offering their parting words. Lucy and Prince Nelson made history as the first pair to exit the All-Stars house, with Prince Nelson expressing gratitude for the entire experience.

September 10, 2023 17:14 UTC

I do not know what else one diagnoses after he spent most of 10 hours listening to the Presidential Election Petitions Court. And then they went on, for half the day, rambling not really about substance or justice, but about libraries of technicalities. Into the hands of Mr Jonathan fell the Justice Uwais report. It is why, when he comments on the presidential tribunal, he makes people laugh. For 15 years, as Nigerian elections progressively deteriorated, we have lacked the motivation to put to work the meticulous and robust Justice Uwais report.

September 10, 2023 15:39 UTC

Recall that, arising from his attempt to overturn the outcome of the 2020 presidential election, President Donald Trump faced trial on a litany of felony charges. Nigeria’s Vice-President Kashim Shettima, against the run of play, had stormed the Appeal Court in Abuja, venue of the Presidential Election Petition Tribunal, (PEPT) to witness the delivery of judgment. After their Lord Justices had declared the APC candidate winner of the election, Shettima then spoke to the press, haughtiness, conceit and his obsession for bombast crowding his face. Or was Shettima simply referencing Fombina, the southlands, an earliest name for the emirate south of Bornu and Sokoto? I’d buy him goats, broilers and layers, so that he can spend his days rearing cows and broilers”?

September 10, 2023 15:28 UTC

With these responsibilities, the welfare of the judiciary would determine to a great extent the state in which the nation’s democracy would survive. With corruption, justice is in the pocket of the wealthy while the poor suffer thereby collapsing the justice system of the country. Meanwhile, there have been several moves in the past to review the take-home of judiciary workers but nothing has been achieved to date. They should enhance judiciary salary in all ramifications, starting from the magistrates. “Let’s review the salary of workers generally so that they will be less prone to corruption.

September 10, 2023 14:40 UTC