The African Export-Import Bank (Afreximbank) has revealed that Nigeria loses an estimated $1.1 billion annually to medical tourism, a trend it described as a significant drain on the country’s foreign exchange and a major impediment to the development of its healthcare sector. This disclosure was made by the Bank’s Export Development Managing Director, Mrs Oluranti Doherty, during the 32nd Afreximbank …

NAICOM Annuity Guidelines are set to be introduced as the National Insurance Commission (NAICOM) announced plans to roll out supplementary regulations aimed at safeguarding Retiree Life Annuity (RLA) funds and addressing the growing threat of cyber risks. Also read: NAICOM partners Police to enforce motor insurance for motorists This initiative is designed to ensure greater financial protection for Nigerian pensioners. At …

Child labour statistics for 2024 reveal nearly 138 million children globally, including 54 million in hazardous work, as the world misses its 2025 elimination target despite a recent 22 million reduction since 2020

The Nigerian Consumer Credit Corporation (CREDICORP) has launched a nationwide campaign in Kano to boost consumer credit awareness, aiming to empower Nigerians to access essential goods via instalment payments

The Yoruba Union, Ìgbìnmó Májékóbájé Ilé-Yorùbá, demands President Tinubu resignation, citing deepening economic hardship, rising insecurity, and suppression of fundamental rights under his administration

Former presidential candidate of the Labour Party (LP), Peter Obi, has lamented the state of Nigeria’s democracy, saying the country no longer qualifies to be regarded as a democratic nation. Obi, in a speech commemorating Democracy Day on Thursday, said the core elements of democracy are absent in the current system of governance in Nigeria. ‘Most unfortunately in our present …

President Tinubu calls for prompt ratification of ocean biodiversity treaty and urges increased funding for Nigeria’s blue economy at UN Ocean Conference in France

Abuja Protest Insecurity: Demonstrators Brave Heavy Security to Decry Hardship on Democracy Day A protest has commenced in the Federal Capital Territory, with citizens demonstrating against the escalating hardship and insecurity plaguing the country. Also read: 12 June protest: Lagos Police, CSOs agree on peaceful demonstration, 1 venue The demonstration coincides with Nigeria’s Democracy Day, adding a significant layer of symbolism …

At the ongoing United Nations Ocean Conference in Nice, France, Nigeria has made a strong call for the prompt ratification of the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement and a significant increase in funding for blue economy initiatives to ensure the protection and sustainable use of the world’s oceans. Delivering Nigeria’s national statement on behalf of President Bola Ahmed Tinubu, …

For years, USSD (Unstructured Supplementary Service Data) banking in Nigeria has been a lifeline for millions of Nigerians. It was simple, fast, and accessible even on the most basic mobile phones. From transferring money to paying bills, and checking balances to buying airtime, USSD provided seamless access to banking without the need for internet access. But now, a terse, polite …