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INSURANCE OPERATORS MUST COLLABORATE FOR EFFECTIVE RBS IMPLEMENTATION — ADENUSI
2 mn read The adoption of Risk Based Supervision (RBS) in the insurance sector is seen as crucial for enhancing the stability, governance, and financial resilience of insurance companies. Mrs. Olufunke Adenusi, Managing Director of Colximate Insurance Brokers Limited, highlighted these points during the 2024 Insurance Industry Parley organized by the Chartered Insurance Institute of Nigeria (CIIN) in […]
Nigeria’s crude oil production declined to 1.25mbpd in May — OPEC
< 1 mn read In May 2024, Nigeria’s average daily crude oil production decreased to 1.25 million barrels per day (bpd) according to data reported directly to OPEC. This figure represents a decline of 2.34% from April’s production level of 1.28 million bpd. Despite this reduction, Nigeria maintained its position as Africa’s largest oil producer, ahead of Libya which […]
MultiChoice reports $38m PBT loss in ’23/’24 financial year
2 mn read MultiChoice Group, a prominent South African pay television company, has reported a loss before tax amounting to $38 million for its financial year ending March 31, 2024. This financial setback is primarily attributed to currency volatility across its operating markets and weakened consumer spending. The company cited several factors contributing to its challenging financial environment. […]
Enugu-Onitsha crash: FRSC rescues 25 victims alive, orders prosecution of driver
2 mn read The Federal Road Safety Corps (FRSC) has called for an investigation into a fatal crash and emphasized the need for swift prosecution of the responsible driver. The accident, which occurred at approximately 7:00 PM, involved seven vehicles, including a black Toyota Matrix (ENU742NL), a white Suzuki Hijet mini-bus (ENU982XY), a Custom Toyota Highlander jeep (JRV247HK), […]
EU COURT FINES HUNGARY FOR NOT FOLLOWING ASYLUM LAWS, DEPORTING MIGRANTS
< 1 mn read The European Union’s top court, the European Court of Justice (ECJ), has imposed substantial penalties on Hungary for its failure to comply with EU asylum laws and its illegal deportation practices. The ECJ fined Hungary 200 million euros ($216 million) as a lump sum for its persistent non-compliance with EU regulations regarding asylum seekers. In […]
NCDC alerts on cholera outbreak as Nigeria records 30 deaths, 1,141 suspected cases
< 1 mn read The Nigeria Centre for Disease Control and Prevention (NCDC) has issued a public advisory regarding the increasing cases of cholera across Nigeria, particularly alarming during the rainy season. As of June 11, 2024, there have been 1,141 suspected cases, 65 confirmed cases, and 30 deaths reported in 96 Local Government Areas (LGAs) across 30 states. […]
Germany braced for Euro 2024 kick-off with France, England the favourites
< 1 mn read Euro 2024 is set to kick off in Germany, marking the first time since the 2006 World Cup that the country hosts a major men’s international football tournament. This edition is highly anticipated, especially after the logistical challenges and reduced atmosphere of Euro 2020, which was delayed to 2021 due to the pandemic and spread […]
Why I upload my movies on YouTube – Ruth Kadiri
< 1 mn read Nollywood actress Ruth Kadiri recently shared her reasons for choosing YouTube as a platform to showcase her movies in an interview with BBC Pidgin. Kadiri explained that she turned to YouTube because she wanted a space where she could freely express herself and tell her stories without the constraints and regulations often present in traditional […]
‘Nothing happened to me,’ Aunty Ramota denies BBL surgery rumour
< 1 mn read Internet sensation and actress Ramota Adetu, widely known as Aunty Ramota, has refuted circulating rumors about her health status following alleged complications from a Brazilian Butt Lift (BBL) surgery. In a video released recently, Aunty Ramota appeared vibrant and healthy, addressing her followers directly in Yoruba. She reassured her fans, stating, “My lovers, thank you, […]
Best Online Poker Sites Australia: Play Poker online for real money
2 mn read It seems like you’re looking for information on the best online poker sites in Australia. Here’s a summary of the top 5 sites highlighted in your article: 1. **CoinPoker** – **Pros:** Offers a referral program, 20% rakeback, accepts cryptocurrencies (Bitcoin, Ethereum, Polygon, Solana, USDT), easy navigation. – **Cons:** High withdrawal fees, no traditional payment methods. […]