Non-life premium volume to reach £3.7trn globally in 2025
Despite this, Swiss Re believes the global economy has remained remarkably resilient, setting the scene for growth and improved profitability across the insurance industry. Jérôme Haegeli, Swiss Re’s Group Chief Economist said the insurance industry has reached a new equilibrium after the challenges of recent years. This resilient growth is expected to continue into 2025 at 2.8 percent in real terms. However, returning to target inflation levels is unlikely to be a smooth journey, the organisation said. In the US, inflation is expected to return to target in 2025, due to higher-than-anticipated core services prices.
Source:Nigerian Tribune
July 22, 2024 18:52 UTC
I’ll unite US to defeat Trump — Kamala Harris
US vice-president, Kamala Harris has vowed to defeat Republican presidential candidate, Donald Trump and what she termed ‘his extreme project 2025 agenda’. She expressed honour to be endorsed as the presidential nominee of the Democratic Party. In a statement, Harris said she would “earn and win” the nomination, adding that she would work hard to unite the party and country to defeat Trump, according to the London Evening Standard. “I first came to know President Biden through his son Beau. “I will do everything in my power to unite the Democratic Party and unite our nation to defeat Donald Trump and his extreme Project 2025 agenda.
Source:Nigerian Tribune
July 22, 2024 18:38 UTC
‘Maintain healthy body weight to prevent diabetes’
To prevent diabetes, health experts have said there is need to maintain healthy body weight. Other recommendations include eating healthy diet, avoiding sugar, saturated fats and smoking, all of which increase the risk of diabetes and cardiovascular diseases. They described the ailment as a chronic, non-communicable disease in which there is persistent raised blood sugar, hyperglycemia, in the body system. “Type 2 diabetes develops, when the body becomes resistant to insulin or when the pancreas is unable to produce enough insulin. He said: “Type 1 diabetes is more common in younger people, while Type 2 diabetes is more common in adults, although it is now becoming common in younger people.
Source:The Guardian
July 22, 2024 18:05 UTC
US Secret Service failed to protect Trump — Director
The United States Secret Service Director, Kimberly Cheatle, acknowledged on Monday that the agency “failed” in its mission to prevent the assassination attempt on former president Donald Trump. As director of the United States Secret Service, I take full responsibility for any security lapse,” she said. Crooks was shot dead by a Secret Service sniper 26 seconds after firing the first of eight shots. “The Secret Service has a zero-fail mission, but it failed on July 13 and in the days leading up to the rally. “The Secret Service has thousands of employees and a significant budget, but it has now become the face of incompetence.”ALSO READ THESE TOP STORIES FROM NIGERIAN TRIBUNETinubu appoints new DG Nigerian Institute of Medical Research
Source:Nigerian Tribune
July 22, 2024 17:30 UTC
Flesh to Metal: Robot Boxing comes to Punch Club 2 with the Iron Fist DLC
Punch Club 2 Iron Fist – go roboticBoxing can be pretty brutal, and that’s an understatement. Punch Club 2: Iron Fist is a DLC for 2023’s Punch Club 2: Fast Forward, and sees some gnarly AI contraptions enter the ring. From there, get involved with what is now available on Xbox, PlayStation, Switch and PC, as Punch Club 2: Iron Fist continues the boxing management-sim adventure that was kickstarted by the original Punch Club in 2016. Then, the Iron Fist DLC will cost you an additional £8.39. Punch Club 2: Iron Fist DescriptionPunch Club 2: Iron Fist will introduce a new storyline, league, skills, and tech tree.
Source:Punch
July 22, 2024 16:18 UTC
Jalaur dam, power line, POGOs highlight in Marcos’ SONA
Marcos emphasized the inauguration of the P19.7 billion Jalaur River Multi-Purpose Project Stage II (JRMP II) in Calinog, Central Iloilo, as a testament to the benefits of investing in irrigation projects to spur economic growth. The JRMP II has three key components: irrigation development, environmental and watershed management, and institutional development. The project also has the capacity to produce 6.6 megawatts of hydroelectric power to augment Panay Island’s power supply. Marcos previously stated that the JRMP II serves as a benchmark and an inspiration for other infrastructure projects due to its scale and magnitude. Data from the Department of Health Western Visayas (DOH-6) showed that at least 61.36 percent of children are fully immunized, below the target of 95 percent.
Source:The Guardian
July 22, 2024 16:07 UTC
Dangote ‘offers’ 650,000 bpd oil refinery to NNPCL
Chairman and Chief Executive Officer (CEO) Dangote Group, Aliko Dangote, has said he is ready to give up ownership of his multibillion-dollar oil refinery to the state-owned energy company Nigerian National Petroleum Corporation Limited (NNPCL). Nigeria’s online news medium, PREMIUM TIMES, in an exclusive report, quoted Dangote as saying that the NNPCL should buy him out and run the refinery the best way they can. So I am ready to let go, let the NNPC buy me out, run the refinery. So I am ready to let go, let the NNPC buy me out, run the refinery. In a statement the company said the representatives observed the testing of Automotive Gas Oil (diesel) from two petrol stations alongside Dangote Petroleum Refinery, and praised the company for its significant investments and contributions to Nigeria’s development.
Source:The Guardian
July 22, 2024 16:05 UTC
Tata Punch tops sales charts in June 2024; overtakes Maruti Swift
The Punch, Swift, Creta, Ertiga and Baleno were top 5 best-selling cars of June 2024. The Tata Punch is back on top as the highest-selling model in June 2024. Tata Motors sold 18,238 units of the Punch, followed by the Swift with 16,422 units. The Tata Punch had been topping the sales charts for a few months, before the Maruti Suzuki Swift took the crown in May 2024. Swift sales dropped by 16% M-o-M in June.
Source:Punch
July 22, 2024 12:34 UTC
From Times Square to 2024 PUBG MOBILE World Cup – Infinix GT 20 Pro’s Path to Gaming Glory
As the official gaming phone for the 2024 PMSL EMEA and CSA seasons, the Infinix GT 20 Pro has consistently delivered exceptional gaming experiences to team players. Taking on the Esports World CupThe 2024 PUBG MOBILE WORLD CUP (PMWC) and ESPORTS WORLD CUP stand as the first grand event in the PUBG MOBILE esports ecosystem, with only teams that have endured rigorous challenges in the PUBG MOBILE regional series tournaments earning the coveted qualification to compete in the 2024 PMWC. Infinix GT 20 Pro will continue to empower teams and players from across the PMSL regions as they embark on their PMWC adventure. Champion Teams and MVPs Praise Infinix GT 20 Pro“TheInfinix GT 20 Pro is an incredibly successful gaming phone. We will continue using the GT 20 Pro for our upcoming matches and practice sessions.
Source:Punch
July 22, 2024 12:31 UTC
Police warns against fake news, mischievous recycled contents
The Nigeria Police Force (NPF) has warned the public against the spread of misinformation, disinformation, and fake news, or mischievous recycled contents which are capable of causing a breakdown of law and order. The Police spokesman, ACP Olumuyiwa Adejobi, issued the warning in a statement on Sunday night, saying such actions are criminal and punishable under the Cybercrimes (Prohibition, Prevention) Act, 2024 and other extant laws in Nigeria. Adejobi gave the warning following a message which poses several questions and opinions about protests, currently circulating alongside a picture of the Inspector General of Police, IGP Kayode Egbetokun. “The message, which poses several questions and opinions about protests, does not essentially represent the ideals or views of the Nigeria Police Force. Adejobi on behalf of the NPF also encouraged all Nigerians to engage in peaceful and constructive activities that would contribute to the progress and unity of the country.
Source:The Guardian
July 22, 2024 12:12 UTC
‘AI development relies on data management’
A release noted that the Western Digital Sales Director, Ghassan Azzi, stated in a presentation titled “The AI Data Cycle: Understanding the Optimal Storage Mix for AI Workloads at Scale”. According to Azzi, the AI industry is building a massive infrastructure to train AI models and offer AI services, which has significant implications for data storage. He coined the term “AI data cycle” to describe the continuous loop of data generation and storage, driving demand for advanced, cost-effective, and power-efficient storage solutions. This leads to a virtuous cycle where increased data generation fuels expanded data storage, further fueling data generation,” he added. “The ongoing innovation in storage technology is crucial for managing large AI data sets and ensuring the efficient re-factoring of complex data, driving further advancements in AI,” he said.
Source:Punch
July 22, 2024 11:11 UTC
1999 Constitution and the future of Nigeria
It must have a confederal or federal constitution. Accordingly with its peculiarities, Nigeria must have a confederal or federal constitution, accepted by all or most ethnic groups of the country. This is the ratio decidendi – rationale – for a people’s constitution of Nigeria, the restoration or achievement of a truly federal or confederal constitution of Nigeria. But how can we achieve restructuring Nigeria, with devolution powers, before year 2027? The five successive stages of industrialization are: pre-conditions for take-off, take-off, transition to industrial maturity, industrial maturity, and search for quality.
Source:Nigerian Tribune
July 22, 2024 09:12 UTC
Fire-Breathing Smoke Storms Punch High Into the Atmosphere
As wildfires have sent palls of smoke streaming across large swaths of North America, some have spawned fire-breathing thunderstorm clouds. They also can help spread harmful particulate pollution far and wide, and even drive smoke into the stratosphere, five to seven miles above Earth's surface. A Rise in Fire-Breathing Smoke Storm ActivityIt has long been known that pyrocumulonimbus clouds rise up from volcanic eruptions and nuclear explosions. This gargantuan cloud propelled a chimney of smoke into the stratosphere, as high as 10 miles up. As part of the study, scientists analyzed 13 years of airborne observations to determine what makes up pyrocumulonimbus smoke and to quantify its impact on the stratosphere.
Source:Punch
July 22, 2024 07:07 UTC
Only Saudi Arabia not experiencing economic challenges globally — Oluwo
The Oluwo of Iwo land, Oba Abdulrosheed Akanbi, on Sunday, stated that of all the countries of the world, only Saudi Arabia is not experiencing economic challenges at the moment, saying this is because they place all their affairs in God’s hands and trust in God. He noted that God is the only panacea to the economic challenges confronting Nigeria and charged President Bola Tinubu, governors, senators, all political leaders and citizens in the country to resign to God for solutions. According to him, “Today, there is no country in the world where there is no economic challenges except in Saudi Arabia. This is so because they place all their affairs in God’s hands and trust in God. He pointed out that Oluwo has dignified himself among the Obas, describing his exemplary roles during the Hajj period in Saudi Arabia as outstanding.
Source:Nigerian Tribune
July 22, 2024 06:22 UTC
Historic achievement: Fola David breaks Guinness World Record for largest drawing by an individual
On July 16, 2024, Dr Fola David embarked on an extraordinary journey to break the Guinness World Record for the largest drawing by an individual. With the previous record set at 629.98 square meters by Ravi Sony in 5 days, Dr Fola David’s ambition and talent were on full display as he aimed to surpass this monumental feat. By 9 PM on July 19, 2024, Dr Fola David had not only broken the existing record but had set a new benchmark, covering an astounding 689 square meters in just four days. Attendees have been treated to an exhilarating experience of the various presentations of the National Troupe of Nigeria amongst others while watching Dr Fola David push through challenges and continue to expand his masterpiece. We invite you all to witness the grand finale on Sunday, July 21, 2024, as Fola David puts the final strokes on this magnificent canvas.
Source:Nigerian Tribune
July 22, 2024 03:57 UTC