Home » Business » Page 1304

Business

WazupnaijaNaija Entertainment  blogs & ForumsBusiness

Governor Masari: Kidnapped Katsina schoolboys moved to Zamfara

Katsina State governor, Aminu Bello Masari, says the schoolboys kidnapped last week have been moved by their captors to a forest in neighbouring Zamfara State. Gunmen invaded the Government Science Secondary School, Kankara, on Friday, December 11, 2020, with over 300 students unaccounted a week later. In an interview with BBC Hausa on Wednesday, December 16, 2020, Masari said most of the abducted students are believed to be in the forest in Zamfara. “Right now the security forces have surrounded all these places where the children are thought to be,” he said. Masari had said earlier this week that the government has already commenced negotiations with the kidnappers. He reiterated on Wednesday that this was to ensure the students are returned unhurt. He also disclosed that 400 students ar...

Interior’s Bernhardt tests positive for Covid-19

U.S. Secretary of the Interior David Bernhardt listens during a cabinet meeting in the East Room of the White House on May 19, 2020, in Washington, D.C. | Alex Wong/Getty Images Interior Secretary David Bernhardt tested positive for Covid-19 on Wednesday, a spokesperson confirmed. According to the agency, Bernhardt is not currently experiencing symptoms of the disease and will continue to follow CDC guidelines following his diagnosis. “Secretary Bernhardt did test positive for COVID-19 today,” the spokesperson, Nicholas Goodwin, said. “He is currently asymptomatic and will continue to work on behalf of the American people while in quarantine.”

NAICOM: Don’t shun insurance despite inflation, harsh business environment

File Photo As businesses and individuals adopt cost reduction measures in response to rising inflation and the harsh business environment, the National Insurance Commission, NAICOM, has charged Nigerians to avoid the tendency to shun insurance of their assets. Commissioner for Insurance, Mr. Sunday Thomas, who gave the charge noted that despite the biting inflation in the country, even as people reduce the cost of expenses, this is not the best of time to reduce insurance consumption. Thomas stated this at a webinar organised by Coronation Insurance Plc in partnership with Access Bank Plc, with the theme: “Managing Business Risks at a Time of Uncertainty.” Thomas, who was represented by Mr. Taiwo Adeoye, Technical Adviser to the Commissioner for Insurance, noted that sometimes the gain in ...

CAN: Nigeria almost becoming a failed nation

File Photo The Christian Association of Nigeria (CAN) has condemned the abduction of 333 students of Government Secondary School, Kankara, Katsina State. CAN also said that the worsening security situation across the country shows that Nigeria is “almost becoming a failed nation.” The group’s statement by Adebayo Oladeji, Special Assistant (Media and Communications) to the CAN President, described the incident as another tragic chapter in the history of the country. Newsmen reported how 333 schoolboys of the school were abducted on Friday by the gunmen. A terrorist group, Boko Haram, has claimed responsibility for the raid. The federal government said security operatives have already located where the abducted students were taken to and they “would soon be rescued”. CAN expressed its sadne...

President Buhari a true leader and democrat – Reps deputy speaker

The Deputy Speaker of the House of Representatives, Hon. Ahmed Idris Wase, has described President Muhammadu Buhari as a true leader and Democrat with a listening ear to the yearning of the Nigerian people. Wase who congratulated the President on his 78 birthday said President Buhari has been able to showcase true qualities of a good leader and have proven to have a listening ear as he is always ready to do the yearnings of Nigerians. In a birthday message signed by his Chief Press Secretary, Umar Muhammad Puma, Wase joined the millions of Nigerians and well-wishers globally in extolling the virtues of the President as not only the Father of the whole nation but as a true leader and democrat. “True to his words before assuming office, President Buhari has stayed faithful to the yearnings o...

Senator Yerima joins 2023 presidential race

Former Governor of Zamfara State, Senator Ahmed Sani Yerima, says there has never been any agreement in the ruling All Progressives Congress (APC) to zone the presidency to the South-West region in 2023. Yerima made this known in Abuja on Wednesday, December 16, 2020, at a media briefing, where he declared his interest to contest for president at the end of President Muhammadu Buhari’s tenure in 2023. Yerima said he had on three occasions stepped down to allow Buhari to win the presidential ticket of defunct All Nigeria Peoples Party (ANPP) as well as the All Progressives Congress. The former governor said he attended all meetings involving President Buhari and the National leader of the ruling party, Asiwaju Bola Tinubu, saying there was no meeting where it was agreed that the presidency ...

Biden picks Mallory to lead White House Council on Environmental Quality

“President Biden is going to be taking over at a time where there is just unprecedented destruction at agencies like the Environmental Protection Agency … You can’t just walk in on day one and rollback the rollbacks. Undoing the actions of an administration takes time and they take a lot of effort,” Mallory said in a recent video on the Southern Environmental Law Center website. CEQ has wide latitude to instruct federal agencies in how to evaluate the environmental impacts of major projects, policies and land-use decisions. It can pull personnel from a range of departments to buttress Biden’s climate change ambitions and a White House staff that is already taking on a greener tinge. CEQ also oversees the National Environmental Policy Act, a bedrock law President Donald Trump weakened in a ...

Fed sees less severe recession this year but warns of tough winter

Central bank officials bumped up their projected growth rates for 2021 and 2022, in the wake of encouraging news about a coronavirus vaccine as well as renewed hopes for another round of economic relief. They also offered a rosier outlook for unemployment, expecting the rate to drop to 5 percent next year, down from an estimate of 5.5 percent in September. By the second half of next year, “the economy should be performing strongly, businesses should be reopening,” Powell said. “The issue is more the next four, five months.” He said it was positive that the economic hit from the pandemic hadn’t been greater, and he attributed that to congressional relief passed earlier this year. But he also cited millions of people out of work, struggling small businesses and long lines of people waiting f...

Nigeria loses 250,000 babies to preventable, treatable causes annually – experts

Despite the global efforts to end preventable newborn deaths by 2030, through the Sustainable Development Goal 3.2, experts have raised the alarm that Nigeria loses over 250,000 babies yearly due to preventable and treatable causes, even as the country ranks second highest globally in infant deaths. According to a Professor of Paediatrics at the College of Medicine University of Lagos, and Clinical Lead, Newborn Essential Solution and Technologies, NEST360, Professor Chinyere Ezeaka, with current slow progress, it may take Nigerian 100 years to meet the goal. Ezeaka identified causes of newborn deaths in Nigeria to include prematurity, infections, birth asphyxia, congenital abnormalities among others, she said these would be reduced with the wide-scale adoption of comprehensive newborn car...

Senator Musa: Two killed, 30 abducted, 5,000 homeless in Niger East

Chairman, Senate Services Committee, Senator Mohammed Sani Musa, All Progressives Congress, APC, Niger East has raised the alarm that the insecurity situation in his Senatorial District is worsening every day, saying that it has been one week of sleeplessness and horror. Senator Musa has reiterated his call on President Muhammadu Buhari to put the security operatives on their toes to ensure they live up to their responsibilities of protecting the lives of the citizens, adding that if security agencies in the country cannot guarantee the protection of lives and property of the citizens, then Nigeria may be on the precipice of anarchy. According to him, the horrible event in the last one week in Niger State and particularly in Niger East Senatorial District has raised tension and uncertainti...

Families of kidnapped Katsina schoolboys fear time running out

Families of more than 300 kidnapped Nigerian schoolboys worried they may be brainwashed or held for years as security forces combed a vast forest on Wednesday for armed captors possibly from the jihadist Boko Haram movement. According to an unverified audio clip, the Islamist group – whose name means “Western education is forbidden” – was responsible for last week’s raid on an all-boys school in the town of Kankara in northwestern Katsina state. Parents fear time may be running out: Boko Haram has a history of turning captives into jihadist fighters. “They will radicalise our children if the government does not act fast to help us rescue them,” said trader Shuaibu Kankara, crying as he spoke from home. His 13-year-old son Annas was among those abducted from the Government Science school on...