Tuesday, April 28, 2026
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Business

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ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

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Capital Market

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NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

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Insurance

Mutual Benefits Pays ₦13.6bn Claims in Q1 2026, Reinforcing Trust in Insurance

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Mutual Benefits Customer to Nigerians: Embrace Insurance Because it Works

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NIA to Honour Past Governing Council Members

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Nigeria Hosts 1st ECOWAS Brown Card Zonal Meeting 2026 in Lagos

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Heirs Insurance Group, United Capital Partner on Self-Care, Wealth Event for Ambitious Women

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Business

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ICT

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Insurance

Mutual Benefits Pays ₦13.6bn Claims in Q1 2026, Reinforcing Trust in Insurance

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Japan Supports North-East Rehabilitation with $1.5m

The Government of Japan has released $1,500,000 to fund community stabilisation activities in Nigeria’s North-East region. These funds will be utilised through an ongoing programme launched in 2016, implemented by the United Nations Development Programme in Nigeria.

The interventions being implemented in the region are aimed at supporting victims of Boko Haram insurgency in the three most affected States of Adamawa, Borno and Yobe.

This builds on on-going activities that the Government of Japan has been supporting which have facilitated the rehabilitation of 20 public infrastructures and provided emergency employment to more than 2,000 Internally Displaced People (IDPs) and returnees.

In addition, more than 4,000 farmers and over 1,000 small businesses were supported with inputs and capital that helped improve and expand their sources of livelihood. The Government of Japan has already invested USD6.5 million in North-East Nigeria stabilization activities.

The funding from the Government of Japan will be utilised within the framework of Integrated Community Stabilisation Programme which UNDP has been implementing in the region intended to directly benefit 125,000 people in the three States.

An additional one million people will indirectly benefit from interventions under the project. Implemented through an integrated approach, the project’s goal is to support over 2,200 farmers, 500 small businesses, 5 community public infrastructures and provide emergency employment to over 850 community members.

“Stabilisation efforts in North-East are helping families and communities begin to rely less on humanitarian aid and more on themselves. This support from the Government of Japan will go a long way in laying a foundation for development to take place again in the region,” said Khardiata Lo Ndiaye, acting UNDP Resident Representative. Ms. Khardiata added that meeting urgent early recovery needs of the crisis affected communities remained a huge challenge requiring more partners and investment.

Mr. Shigeru Umetsu, Chargé d’affaires ad interim of Japan to Nigeria, reassured that the Government of Japan will continue to support Nigerian people’s efforts aimed at restoring stability and livelihoods for the communities in in the North-East region.

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COVID-19: Ecobank Nigeria Supports States with Food Items

Ecobank Nigeria has donated food items to several state governments across the country as contribution to various initiatives aimed at cushioning the effect of the current lockdown on citizens. These palliatives are targeted at the most vulnerable members of the society who have been the hardest hit economically as a result of the current crises. Speaking in Lagos, Executive Director Commercial Banking, Ecobank Nigeria, Carol Oyedeji said this action would also go a long way in supporting members of the community who earn a daily wage and may not have the opportunity of working under the present environment. She noted that the donations are part of the bank’s Corporate Social Responsibility (CSR) and focused on providing support as best as possibleShe remarked that “as a bank we give strong priority to people’s welfare. We are determined to assist ordinary Nigerians during the current difficulties and this is one of the ways we are achieving this. We are also offering concessions to our SME Lending customers at this time given the strain on their cashflows and creating ease for the general public to transact digitally while at home”. Ecobank Group has so far contributed over US$3 million to the fight against COVID-19 across its footprint in Africa in line with the Bank’s commitment to the Region. The Institution is supporting governments, the World Health Organisation (WHO) and partnering with private sector operators to alleviate the effect of the pandemic on citizens. These have been in the form of cash, healthcare equipment, donation of supplies, awareness campaigns while also using digital platform to provide funds to beneficiaries of various funds being distributed. The Bank is particularly mindful of the needs of its communities and remains committed to providing the appropriate support required.    

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