Sunday, February 15, 2026
28 C
Lagos

Business

Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

President Bola Ahmed Tinubu has commended the Bank of...

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

P + Measurement Services, Nigeria’s leading independent media intelligence...

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

UAC of Nigeria Plc has announced its unaudited financial...

Repton Group Wins 2025 Dangote Cement Largest Distributor Award

…in Nigeria, Sub-Saharan Africa By Goke Ilesanmi L-R: Alhaji Aliko...

MTN: The Best Mobile Internet Performance in Nigeria 2025

  Analysis period: January 1, 2025 - December 31,...

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

Transcorp, DMO, MTN, Dangote Cement, CardinalStone, among Winners at NGX Made of Africa Awards

Transnational Corporation Plc, the Debt Management Office, CardinalStone, Chapel...

NGX Group, SEC, Nigeria Police Force Collaborate on Capital Market Integrity

Nigerian Exchange Group Plc (NGX Group) has hosted a...

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

Nigerian Exchange Group Plc (NGX Group), in partnership with...

Stockbrokers, Securities Dealing Houses Congratulate NGX on N100tn Market Capitalisation

The Chartered Institute of Stockbrokers (CIS) and the Association...

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

President Bola Tinubu has praised corporate Nigeria, citizens, and...

Insurance

SanlamAllianz General Insurance Appoints Jacqueline Agweh as MD/CEO

 SanlamAllianz General Insurance has announced the appointment of Mrs....

Stanbic IBTC Insurance Triumphs at 2025 Risk Analyst Awards, Showcase Institutional Excellence

Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings,...

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

Paga, the fintech company behind the Doroki merchant platform,...

Business

Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

President Bola Ahmed Tinubu has commended the Bank of...

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

P + Measurement Services, Nigeria’s leading independent media intelligence...

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

UAC of Nigeria Plc has announced its unaudited financial...

Repton Group Wins 2025 Dangote Cement Largest Distributor Award

…in Nigeria, Sub-Saharan Africa By Goke Ilesanmi L-R: Alhaji Aliko...

MTN: The Best Mobile Internet Performance in Nigeria 2025

  Analysis period: January 1, 2025 - December 31,...

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

Transcorp, DMO, MTN, Dangote Cement, CardinalStone, among Winners at NGX Made of Africa Awards

Transnational Corporation Plc, the Debt Management Office, CardinalStone, Chapel...

NGX Group, SEC, Nigeria Police Force Collaborate on Capital Market Integrity

Nigerian Exchange Group Plc (NGX Group) has hosted a...

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

Nigerian Exchange Group Plc (NGX Group), in partnership with...

Stockbrokers, Securities Dealing Houses Congratulate NGX on N100tn Market Capitalisation

The Chartered Institute of Stockbrokers (CIS) and the Association...

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

President Bola Tinubu has praised corporate Nigeria, citizens, and...

Insurance

SanlamAllianz General Insurance Appoints Jacqueline Agweh as MD/CEO

 SanlamAllianz General Insurance has announced the appointment of Mrs....

Stanbic IBTC Insurance Triumphs at 2025 Risk Analyst Awards, Showcase Institutional Excellence

Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings,...

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

Paga, the fintech company behind the Doroki merchant platform,...

UN: $910m Urgent Aid Required for North-East in 2025

 A total of just over US$ 910 million is required to respond to the humanitarian needs of 3.6 million people in need of life-saving assistance in Borno, Adamawa and Yobe (BAY) states in north-east Nigeria in 2025. A total of 7.8 million people are considered to be in need of humanitarian assistance.

The UN Resident and Humanitarian Coordinator in Nigeria, Mohamed Malick Fall, stated that the needs are “driven by conflict, climate shocks, and economic instability”, with the compounding effects of flooding, disease outbreaks, food insecurity and malnutrition deepening vulnerabilities.

Mr. Fall was speaking in Abuja at the launch of the 2025 Nigeria Humanitarian Needs and Response Plan (HNRP), where he was joined by the Federal Minister of Humanitarian Affairs and Poverty Reduction, Professor Nentawe Goshwe Yilwatda, high-level representatives of the diplomatic corps and senior officials from diverse government agencies as well as national and international non-governmental organisations.

Minister Yilwatda highlighted the growing humanitarian needs in north-west and north-central Nigeria. He called for combined humanitarian, development and peacebuilding efforts for that region as well. “This will enable us to get humanitarian efforts translated into durable solutions that can move people out of poverty and provide livelihoods to reach sustainable development,” he said.

Minister Yilwatda said that the restructured Ministry of Humanitarian Affairs and Poverty Reduction was committed to timely, effective life-saving humanitarian responses and poverty reduction. “We will continue to coordinate interventions at all levels, ensuring they align with national humanitarian and poverty-reduction priorities,” he said.

In their remarks, the Governor of Borno State, Professor Babagana Zulum, the Governor of Adamawa State, Ahmadu Umaru Fintiri, and the Governor of Yobe State, Mai Mala Buni, reaffirmed their commitment to sustaining collaboration with the UN and partners to address pressing humanitarian needs and foster sustainable development.

Given declining global funding for humanitarian efforts, the 2025 Nigeria HNRP aims at strengthening efficiency in the delivery of aid. This includes acting before disaster strikes, through anticipatory action to events such as floods and disease outbreaks, to mitigate their impact.

It also aims to increase direct funding to local partners on the frontline of the response and scaling up multipurpose cash assistance, as well as reducing transaction costs.

In 2025, 33 million people in Nigeria will face acute food insecurity during the lean season* with alarming levels of malnutrition threatening millions of children. In the BAY states, 5.1 million people will be affected.

Urgent funding and resources are required from donors and the Government to ensure that food and nutrition assistance and other urgent support is provided to people in critical need.

Hot this week

Nigeria Secures Permanent Seat on the Board of African Central Bank

During the just-concluded 39th Session of the Executive Council...

Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

President Bola Ahmed Tinubu has commended the Bank of...

Index-Based Livestock Insurance Consortium Disburses ₦181.9m in Claims Payouts to Livestock Herders

A consortium of insurance companies led by Leadway Assurance...

SanlamAllianz General Insurance Appoints Jacqueline Agweh as MD/CEO

 SanlamAllianz General Insurance has announced the appointment of Mrs....

BudgIT Claims 92 Fraudulent Projects Out of 2,760 in 2024/2025 Tracka Report

Tracka, BudgIT’s service delivery promotion platform, which allows citizens...

Topics

Life Insurance Explained: Why Staying the Course Matters More Than Early Withdrawal

In response to recent media inquiries highlighting common misconceptions...

South Africa to Host 46th AIO Conference June 8

The Republic of South Africa will host the 46th...

Zenith Bank Expands Global Footprints with Inauguration of Paris Branch

L-R: Mr. Wale Edun, Minister of Finance and Coordinating...

Interswitch Secures CBN Payment Service Holding Company Licence

Interswitch Group, one of Africa’s leading financial technology and...

IDC: Cloud Tech is Top Investment Priority in Next 5 Years

The potential for cloud technologies to break down silos...

Embracing Insurance Ecosystems: Key to Thriving in Today’s Evolving Market

  By Emeka Akwiwu Executive Director Continental Reinsurance Plc At the recent 5th...

VBank Leads Discourse on Innovative Payment Systems at 2021 Nigeria Fintech Week

L-R (Mudiaga Umukoro, CEO Appzone Core; Akeem Lawal, Divisional...
Exit mobile version