Wednesday, February 4, 2026
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Lagos

Business

Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

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UAC Records Revenue Surge, Profit Impacted by One-Off Acquisition-Related Costs

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NIPR Postpones Annual PRICE Awards to Jan 25, 2026

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ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

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NCC Spotlights Renewable Energy on World Consumer Rights Day

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Governors, NCC Set for Broadband Awareness Forum Oct 20

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

NGX Group, Lagos State, HEI Expand Project BLOOM to Alimosho, Building on Measurable Social Impact

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Stockbrokers, Securities Dealing Houses Congratulate NGX on N100tn Market Capitalisation

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FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

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NGX Expands Market Offerings with Introduction of Commercial Paper Listings

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Insurance

Paga, Leadway Assurance Partner to Safeguard Doroki Merchants with Tailored Insurance Solutions

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Linkage Assurance Reports 24% Rise in Insurance Revenue to N27.6bn in FY 2025

Underwriting giant, Linkage Assurance Plc, delivered a robust operating...

Heirs Insurance Hackathon Opens: Nine University Students to Win N9m Innovation Prize

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

Royal Exchange CEO: Recapitalisation Will Reposition Insurance Sector, Support $1tn Economy Goal

Mrs. Idu Okeahialam, Group Managing Director/CEO, Royal Exchange Plc,...

Business

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ICT

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Capital Market

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FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

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Insurance

Paga, Leadway Assurance Partner to Safeguard Doroki Merchants with Tailored Insurance Solutions

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Linkage Assurance Reports 24% Rise in Insurance Revenue to N27.6bn in FY 2025

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Japan Supports North-East Rehabilitation with $1.5m

The Government of Japan has released $1,500,000 to fund community stabilisation activities in Nigeria’s North-East region. These funds will be utilised through an ongoing programme launched in 2016, implemented by the United Nations Development Programme in Nigeria.

The interventions being implemented in the region are aimed at supporting victims of Boko Haram insurgency in the three most affected States of Adamawa, Borno and Yobe.

This builds on on-going activities that the Government of Japan has been supporting which have facilitated the rehabilitation of 20 public infrastructures and provided emergency employment to more than 2,000 Internally Displaced People (IDPs) and returnees.

In addition, more than 4,000 farmers and over 1,000 small businesses were supported with inputs and capital that helped improve and expand their sources of livelihood. The Government of Japan has already invested USD6.5 million in North-East Nigeria stabilization activities.

The funding from the Government of Japan will be utilised within the framework of Integrated Community Stabilisation Programme which UNDP has been implementing in the region intended to directly benefit 125,000 people in the three States.

An additional one million people will indirectly benefit from interventions under the project. Implemented through an integrated approach, the project’s goal is to support over 2,200 farmers, 500 small businesses, 5 community public infrastructures and provide emergency employment to over 850 community members.

“Stabilisation efforts in North-East are helping families and communities begin to rely less on humanitarian aid and more on themselves. This support from the Government of Japan will go a long way in laying a foundation for development to take place again in the region,” said Khardiata Lo Ndiaye, acting UNDP Resident Representative. Ms. Khardiata added that meeting urgent early recovery needs of the crisis affected communities remained a huge challenge requiring more partners and investment.

Mr. Shigeru Umetsu, Chargé d’affaires ad interim of Japan to Nigeria, reassured that the Government of Japan will continue to support Nigerian people’s efforts aimed at restoring stability and livelihoods for the communities in in the North-East region.

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Topics

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