World Leaks

Prudential Plc has announced that it has reached an agreement to acquire the remaining shares of Prudential Zenith Life Insurance Limited (PZL), its joint venture business in Nigeria. PZL has existing bancassurance partnerships with Zenith Bank in Nigeria and Ghana. In 2017, Prudential purchased a 51% stake in Zenith Life Insurance Limited in Nigeria, which […]

The National Inland Waterways Authority (NIWA) is set to revive three of its moribund river ports valued at about N9.4 billion. This is even as it said it intends to tackle the frequency of boat mishaps in the nation’s waterways. The move is aimed at repositioning the Authority to also contribute to the economic growth […]

The money the federal government earned from the sale of crude oil dropped by 79 per cent in 2023, from $11.199bn it made in 2022 to $2.329bn, the Nigeria Extractive Industries Transparency Initiative’s (NEITI) 2022 and 2023 Independent Oil and Gas Industry Report has shown. The report stated that the significant drop in the government’s […]

Experts warn against further tightening   The Central Bank of Nigeria, under the leadership of Olayemi Cardoso, has continued to raise interest rates, otherwise known as Monetary Policy Rates (MPR), which is the benchmark rate for borrowing by commercial banks in the country. Daily Trust reports that President Tinubu appointed Olayemi Cardoso as the CBN […]

The Ekiti state governor, Mr Biodun Oyebanji, Sunday restated his administration’s commitment to food security for residents of the state through collaboration with investors in agribusiness and young farmers. He said  his target for 2025 is to record significant increase in production in the sector to feed the people. Governor Oyebanji gave this indication while …

A's fans serenade team one last time after season-ending loss in Seattle with their familiar chant -- "Let's Go Oakland."

A technology company, Zoho Corporation, has advised business owners to invest in robust cybersecurity solutions to protect their infrastructure as more businesses integrate Artificial Intelligence (AI) and Internet of Things (IoT) into their systems. A recent study by Kaspersky found that over 50% of companies have integrated AI IoT into their systems. Furthermore, 33% are […]

Nasarawa State governor, Abdullahi Sule, has disclosed that some high-profile investors from the United States of America have shown interest to invest in Nasarawa State, saying this will create job opportunities for the unemployed youth across the 13 local government areas of the state. This was contained in a press statement signed by the Chief […]

The Federal Mortgage Bank of Nigeria (FMBN) is one of the development finance institutions established to provide affordable housing through mortgage for Nigerians. Daily Trust analyses the plan of the new leadership of the bank in achieving this mandate.   Access to affordable housing by ordinary Nigerians have been a perennial issue in the country […]

Last week, we took up some of the activities that can feature in a retirement routine. Now, even though we have mentioned that periodicity on a daily, weekly, monthly or annual basis is what shapes a routine, most of the activities that we discussed so far were, generally speaking, of daily nature. The curious thing […]