The annual Nigeria Media Capacity Development Report covering 2021 is out. The Nigeria Media Capacity Development Report is an annual publication of the Media Career Development Network to document various training programmes, activities and resources of media training and support organisations in the country. The publication of this annual report is to provide journalists and other media stakeholders access to the details of the tremendous work being done by the media NGOs and encourage better maximisation of the available opportunities. Click below to download the report: Media-Development-Report-2021
Author: Elvis Eromosele
Nigeria’s full-year estimate for petrol subsidy payment for 2022 will hit nearly US$16 billion or double the total expenditure budget of all 36 states in 2021, according to a leading economist, Mr Bismarck Rewane. Last year, all 36 states in the country spent the equivalent of $9.8 billion, half of what the nation will spend this year to cover the controversial petrol subsidy payments, which goes largely to supporting the Nigerian elite, according to the World Bank. Subsidy payments have risen steadily from the N2.09 trillion spent in the years from 2015 to 2020 as against N1.57 trillion last year.…
Nigeria now seeks to export 500, 000 metric tonnes of cashew annually, Otunba Adeniyi Adebayo, Minister of Industry, Trade and Investment, has revealed. Adebayo, who disclosed this at a media briefing to herald the commencement of the 16th edition of the African Cashew Alliance in Abuja, said Nigeria currently produces about 260,000 metric tonnes of cashew nuts annually. He was represented at the event by the Permanent Secretary in the Ministry, Dr. Evelyn Ngige, He revealed that plans are underway to raise the annual production capacity of cashew nuts to over 500,000 metric tonnes, adding that: “Of the current production…
In the last five months, the Central Bank of Nigeria (CBN) injected $7.6 billion into the economy to stabilise the value of the naira. CBN’s banking regulator’s monthly economic reports on foreign exchange market developments state that the regulator intervened in the markets with $1.65 billion in January, $1.39 billion in February and $1.82 billion in March, while the injection in April was $1.56 billion and $1.18 billion in May. “Total foreign exchange sales to authorised dealers by the bank were $1.18 billion, a decrease of 24.4 per cent below $1.56 billion in April. “A breakdown shows that foreign exchange…
More than 60 million Nigerians are suffering from mental illnesses, according to the President of the Association of Psychiatrists in Nigeria, Prof. Taiwo Obindo. Obindo, who is also Chairman, Faculty of Psychiatry at the West African College of Physicians (Nigeria Chapter), said to the News Agency of Nigeria on Sunday in Abuja: “Mental healthcare is in a sorry state given that we have more than 60 million Nigerians suffering from various mental illnesses and the fact that only about 10 per cent of them were able to access appropriate care. “We are left with more than 90 per cent who…
By Rarzack Olaegbe Exclusivity is unique. It elevates you. It creates an aura of superiority around you. It bamboozles others so that non-members of an exclusive club wonder what goes on in the club. And they ask the question: Who are the members? Many exclusive clubs abound. The Presidents Club by Nancy Gibbs and Michael Duffy exposed them. George Washington founded the President’s Club at the inauguration of John Adams in 1797. It was an exclusive club of two members. In 1953, Harry Truman and Herbert Hoover re-established The Presidents Club firmly with rules and regulations. It has an unofficial…
Organisations in the retail industry experience 77 per cent hits by Ramsomeware, making the industry the second most targeted industry by ransomware in 2021, a survey by Sophos, next-generation cybersecurity has found. The survey finds that this is a 75percent increase from 2020, topping the media, leisure and entertainment industry. “Retailers continue to suffer one of the highest rates of ransomware attacks of any industry. With more than three in four suffering an attack in 2021, it certainly brings a ransomware incident into the category of when not if. In Sophos’ experience, the organizations that are successfully defending against these…
No fewer than 700,000 people commit suicide annually all over the world, the World Health Organization, has said. It said 77% of all global suicides occurring in low-and-middle-income countries, adding that for every suicide, there are likely 20 other people making a suicide attempt and many more have serious thoughts of suicide. WHO added that suicide is the fourth leading cause of death among 15–29-year-olds. Its Country Representative, Dr Walter Kazadi Mulombo made these known in his message to commemorate the 2022 World Suicide Prevention Day on the 10th of September. He said this year’s theme is “Creating hope through…
As strategic partnerships continue to reshape business models around the world, International Data Corporation (IDC) predicts that by 2024, 90 per cent of enterprise organisations will be utilizing technology and vertical industry alliances to address customer and partner business requirements. IDC believes that one of the most notable outcomes of the pandemic for the technology industry has been the realisation of improved results as a direct consequence of partnerships and collaboration, with the events of the last two years opening up even more opportunities for businesses to form multiple partnerships that fill gaps, drive innovation, and disrupt entire industries. “By…
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Professor Umar Garba Danbatta, has hailed the conferment of the Fellowship of the Nigerian Institute of Public Relations (fnipr) on two management staff of the Commission as meritorious and a testimony to the Commission’s promotion of professionalism and excellence in its scheme of management. The NCC EVC’s assertion followed the recent investiture and induction of Mr. Reuben Muoka, Director of Public Affairs, and Dr. Omoniyi Ibietan, Head, Media Relations in the Public Affairs Department of the Commission, as Fellows of the Chartered Institute during its AGM and Conference at the…