Monday, October 20, 2025
24.1 C
Lagos

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

AMCON Empowers IDPs in Borno State with Relief Materials

The Asset Management Corporation of Nigeria (AMCON) yesterday in Biu Local Government Area of Borno State commenced the second tranche of the distribution of educational materials for children; foods and other support items for families of Internally Displaced Persons (IDPs).

The programme is part of on-going AMCON intervention exercise to three northeastern state that were worst hit by the activities of insurgence.

Some of the AMCON-donated items distributed at Central Primary School, Biu, Borno State

Addressing the host community at the Central Primary School, Biu, during the flagging-off of the presentation of the items to beneficiaries in Biu area, Mr. Usman Abubakar who led the team of AMCON officials to Borno State said AMCON was in the state to show support and assist in whatever way it can to the affected children and families that were traumatised and distabilised by insurgence in the northeast, where violent attacks by extremists forced more than 2.2 million people to flee their homes including over one million children who are presently out of school.

Usman who called on the benefitting children and families to make judicious use of the items said this kind gesture by AMCON led by Mr. Ahmed Kuru has demonstrated that the society has not abandoned the IDPs in their times of trouble.

He also called on well-meaning individuals, corporate and government organisations to come to the aide of the affected children and families in the northeast, which he said would greatly ameliorate their suffering.

While praying for the end to insurgence not only in the northeast but all over Nigeria, Usman also commended the management of the Nigeria Education Crisis Response (ECR), whom AMCON is using to ensure effective and equitable distribution of the donated items in Biu and other locations in Borno State.

AMCON officials, some district/village heads, officials of USAID-Education Crisis Response and some of the benefiting children and families in a group photograph at the event

According to him, the ECR programmes are engaging communities and officials in the localities to get out-of-school children between the ages of 6 to 17 into formal and non-formal learning centres, as well as providing the psychosocial support required to start the emotional healing process.

Usman said it was these outstanding qualities of ECR led by Mr. Ayo Oladini that convinced AMCON to select ECR who is also in partnership with USAID, as the appropriate channel for the distribution of the items in Borno State from a host of other Non-Governmental Organisations operating in the areas.

The items that were distributed include scholastic materials to Mainstreamed Learners and Parents Caregivers; starter packs for small scale businesses as well as food items such as rice, beans, semovita, groundnut oil, cooking utensils and salt, among others. The AMCON team also paid a courtesy visit on Emir of Biu, Alhaji Umar Mai Mustapha Aliyu.

AMCON began the distribution of the IDP relief materials in Yola, Adamawa State on November 2, 2017 across the seven local government areas of the state. The benefited LGS include Girei, Fufore, Shelleng, Song, Numan, Yola North and Yola South where over 3,000 individuals directly benefited from the items.

Hot this week

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Stanbic IBTC Bank, LOXEA BYD forge alliance for Electric Vehicle Financing

In a strategic move to advance Nigeria’s shift toward...

CBN, Bank of Angola Sign MoU on Technical Co-operation at IMF/World Bank Meeting

In an effort to enhance bilateral cooperation and technical...

NBS: Nigeria’s Inflation Falls to 18.02% in September, Lowest Level in Three Years

Nigeria’s headline inflation rate fell for the sixth consecutive...

NUPEMCO Marks 2025 CSW with Nationwide Pension Awareness Activities, Huawei-Supported National Essay competition

The Nigerian University Pension Management Company (NUPEMCO) celebrated the...

Topics

2022 Nigeria DigitalSENSE Forum Set for June 9

The 2022 Nigeria DigitalSENSE Africa Forum (NDSF) on Internet...

MTN Denies Improper Repatriation of $13.92bn

MTN has vigorously denied lingering allegations of improper repatriation...

IFC: Africa’s Agribusiness Industry Could Earn $1tr by 2030

The African agribusiness sector should generate a trillion dollars...

UNDP @ 50: ‘World Must Step Up to Beat Poverty by 2030’

Meeting the Sustainable Development Goals (SDGs) is only possible...

Sanlam Life Donates Items to 5 Orphanages in Jos

   L-R: Odinakachi Umekwe, Executive Director, Retail Distribution, Sanlam Life...

Pantami, Danbatta to Celebrate Arrival of Google’s Equiano Cable in Lagos

The Honourable Minister, Federal Ministry of Communications & Digital Economy - Professor...

N411m Fraud: Ecobank Turns in Ex-Manager for Prosecution

A Federal High Court in Ikoyi, Lagos, has ordered...

Verve Card Formally Announces its Acceptance in Ghana

Verve, a leading payments technology and card business in...
Exit mobile version