The Nigeria Deposit Insurance Corporation (NDIC) said it had embarked on collaboration and cooperation with other deposit insurance agencies globally to address the challenges facing the insurance industry. The NDIC Managing Director/Chief Executive, Bello Hassan, said this at a retreat organised by the Corporation for members of the House of Representatives Committee on Insurance and […]
Author: umunna
Insecurity linked to Nigeria’s failure to invest in human capacity building – Peter Obi
Former Governor of Anambra State, Peter Obi says banditry attacks and other insecurity challenges across the country are a form of revenge on Nigeria for neglecting to invest in human capacity building for several years. Peter Obi who is a Presidential Aspirant of the Peoples Democratic Party was speaking during a meeting with delegates at […]
EU to ban Russian oil – but no consensus on gas
European Commission President Ursula von der Leyen has just laid out details of another package of sanctions against Russia to be agreed by EU countries in the coming days. Von der Leyen said the bloc was ending its dependency on Russian oil – with purchases banned by the end of the year. She acknowledged that […]
US says WNBA star wrongfully held in Russia
The Biden administration on Tuesday said an American professional basketball player being held in Russia on charges she had illegal marijuana vaping cartridges in her luggage is being wrongfully detained. That could mean the U.S. is taking a more aggressive approach to securing the release of Brittney Griner, who has been held since she was […]
Musk says Twitter may see ‘slight cost’ for businesses and governments
Business and government users on Twitter may need to pay a “slight” fee to stay on the social media platform, Tesla boss Elon Musk has said. It comes after the board of Twitter agreed to a $44bn (£34.5bn) takeover offer from Mr Musk. However, Mr Musk said the site would always be free for “casual […]
DC reaches $750,000 settlement in Trump inauguration lawsuit
Former President Donald Trump’s businesses and inaugural committee have reached a deal to pay Washington, D.C., $750,000 to resolve a lawsuit that alleged the committee overpaid for events at his hotel and enriched the former president’s family in the process, according to the District of Columbia’s attorney general. Attorney General Karl Racine announced the settlement […]
Journalists, oxygen of democracy, agents of change, development- NHRC
The National Human Rights Commission (NHRC) on Tuesday described journalists as the oxygen of democracy, agents of change and development. The Executive Secretary of the commission, Mr Tony Ojukwu, SAN, said this in a statement in Abuja in celebration of the World Press Freedom Day. The News Agency of Nigeria (NAN) reports that the event […]
50 passengers rescued after fire guts aircraft tyres at Port Harcourt airport
All passengers onboard an aircraft have been rescued after its tyres caught fire after a planned trip out of Rivers State was aborted. The incident which involved an aircraft operated by Dana Airlines Limited occurred on Monday in Port Harcourt, the state capital. A spokesman for the airline, Kingsley Ezenwa, who confirmed the incident in […]
Amazon will pay US staff travel expenses for abortions and other treatments
Amazon will reimburse staff in the US who travel for a wide range of non-life threatening medical treatments including elective abortions. A message to Amazon staff said that the firm will pay up to $4,000 (£3,201) in travel expenses each year for treatments not available nearby. Several other companies have announced plans that ensure staff […]
Pope wants to meet Putin, compares Ukraine war to Rwanda
Pope Francis said in an interview published Tuesday that he requested a meeting with Russian President Vladimir Putin over Ukraine, while comparing the scale of the bloodshed to Rwanda’s genocide. The pontiff told Italy’s Corriere Della Sera newspaper that he had sent a message to Putin around 20 days into the conflict saying that “I […]