Author: Prima News

Average business interruption claim exceeds €850,000, around 70% higher than the average associated property damage claim. Fire and explosion accounts for more than 40% of the total value of claims analyzed. Non-natural catastrophe activity generates 74% of claims and 66% of total claim value, while natural catastrophe claims are becoming increasingly long-tailed. SINGAPORE – Media OutReach Newswire – 8 October 2026 – Companies are increasingly at risk from surging business interruption losses due to concentrated production, fragile supply chains, geopolitical tensions, inflation, and growing technology dependencies.According to a new analysis from Allianz Commercial, the average total value of a business…

Uche Uwaleke, an economy and capital market expert, has urged the Federal Government to redesign its conditional cash transfer programme. Mr Uwaleke, a professor and the President, Capital Market Academics of Nigeria (CMAN), made the call in an interview with the News Agency of Nigeria (NAN) in Abuja. He said the cash transfer programme, one of President Bola Tinubu’s administration’s principal poverty reduction interventions, required fundamental redesign to improve transparency and public confidence. The expert said the programme could provide temporary relief and protect vulnerable households from severe economic shocks. He, however, said its effectiveness would depend on credible beneficiary…

Former President Goodluck Jonathan received former Kano governor and ex-APC national chairman, Abdullahi Ganduje, at his residence in Abuja. Ganduje paid a courtesy visit to Jonathan, with a video of the meeting shared online on Wednesday. The meeting comes amid political moves ahead of the 2027 elections. Days ago, Jonathan expressed confidence in APC candidates contesting the Bayelsa East election ahead of the 2027 polls. He spoke at his residence in Yenagoa when a delegation led by former Deputy Governor, Rear Admiral Gboribiogha John Jonah, visited him. Recommended The delegation included NDDC MD, Samuel Ogbuku, and Bayelsa APC Chairman, Warman…

Lionel Messi has reflected on Argentina’s long journey to becoming world champions, highlighting the sacrifices made by his teammates before their historic triumph at the 2022 FIFA World Cup. Messi said winning the World Cup, Copa América and Finalissima made him incredibly grateful, while stressing that Argentina’s success was not built solely around the 2022 tournament. The Argentina captain praised the many teammates who had fought alongside him for the national team long before they finally lifted the World Cup trophy. Messi also emphasized the importance of recognizing the efforts and sacrifices made by those players in Argentina’s journey to…

The UN Secretary-General appealed on Tuesday for an end to the United States-Iran war and the toll it has taken on global trade, as he began an official visit to Pakistan. Source link

Websites have long kept personalized information about their customers, and it can be useful. Bath & Body Works might alert you to a sale on its three-wick candles, or your local theater can tell you when the musical Six comes to town. Few shopping sites have more information about customers than Amazon — currently on day two of its October Prime Day sales — which knows your book preferences, your shoe size and even which cereals you might buy at Whole Foods. But there’s something unnerving about seeing your Amazon personal purchase history distilled into a dossier of factoids —…

Spotify has named Solana October’s EQUAL Africa Artist of the month. NewsOnline Nigeria reports that Spotify has named Nigerian singer and songwriter Solana as its EQUAL Africa Artist for October, spotlighting the genre-bending artiste whose sound blends alt-R&B, electronic music and pop with Nigerian and Yoruba cultural influences. The recognition is part of Spotify’s EQUAL Africa programme, which celebrates, supports and amplifies women artists across the continent while connecting their music with audiences around the world. Solana’s selection comes during a major period in her career, with her Yoruba-language single “Okunkun” serving as the featured track for the October campaign.The song, whose title…

By Aduragbemi Omiyale The rescheduled Annual General Meeting (AGM) of Fidelity Bank Plc will now be held on Friday, October 9, 2026. A statement signed by the company secretary, Ezinwa Unuigboje, disclosed that the resolutions in the notice will be presented for shareholders’ approval during the meeting. It is the 38th AGM of the financial institution, and according to the statement filed with the Nigerian Exchange (NGX) Limited, the programme will be virtual. “Fidelity Bank Plc hereby notifies Nigerian Exchange Limited, its esteemed shareholders and stakeholders that the company’s rescheduled 38th Annual General Meeting will hold virtually via https://www.fidelitybank.ng/agm/ at…

A military cardiologist, Life Ajemba, has warned that hypertension, prolonged stress, and inadequate sleep could increase the risk of cardiovascular disease among serving military personnel and veterans. Mr Ajemba, a major-general, said hypertension remains one of the most common cardiovascular conditions among serving personnel and military retirees. Speaking in an interview with the News Agency of Nigeria on Wednesday in Abuja, he urged military personnel and veterans to prioritise their heart health through regular medical checks, physical exercise, healthy diets and adequate rest. He cited studies which showed that hypertension accounted for 15.31 per cent of cases treated among mainly…

Museum of West African Art (MOWAA) At its deepest level, therefore, “Whose History?” is a question about power. Who has the power to record history? Who has the power to preserve it? Who has the power to classify it? Who has the power to interpret it? Who has the power to teach it? And who has the power to define what the future generations will remember? These are not theoretical queries. They shape how societies perceive themselves and how they envision their future. In other words, the historical archive is also a political site since the ability to control memory…