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Viral infection, NAIC Partners Grand Cereals to Compensates Livestock Farmers

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Nigerian Agricultural Insurance Corporation has boosted its profile as it partners Grand Cereals & Oil Mills Limited (GCOML), a subsidiary of UAC of Nigeria Plc and makers of Vital Feeds, in compensating farmers who suffered losses as a result of mortalities of their livestock caused by marek disease, a viral infection common with birds.
The farmers were compensated proportionally according to the number of birds lost to the dreadful disease. The farms affected by the disease and duly compensated include Janesh Farm situated at Akwanga, Nassarawa State; Anamonye Farms Ltd and Planglan Poultry Farm.
Speaking during the presentation ceremony which took place at Janesh Farm, Akwanga, Austin Dalyop, marketing manager, GCOML stated that the challenge militating against poultry farming in Nigeria and the world over is the emergence of new animal disease and the re-emergence of old ones.
According to him several farmers have lost their means of livelihood to some of these diseases; a case in point he said is the bird flu saga of 2006 that wiped out over 30% of the bird population in the country.
He said the Marek disease usually affects birds two to five months old and causes lymphoid tumors with symptoms varying according to the position of the tumor.
He explained that once contracted, the nerves of the birds are affected and spastic paralysis occurs either in the legs, wings, or neck. The virus remains infective for many months in litter or dry feathers
He stated that, in order to forestall this unpredictability and reduce the losses of farmers, Grand Cereals & Oil Mill Limited, in conjunction with Nigeria Agricultural Insurance Corporation (NAIC) has further decided to insure poultry farmers free of charge.
He said, “in protecting the farm and business of our loyal customers who use Vital Feeds, GCOML insured their farms so that when mortalities do happen, the farm will be compensated. The insurance scheme is at no cost to the farmers as GCOML pays the premium.”
At the event, the farm manager, Janesh Farm, Mrs.Barki Sameel, received a cheque of N1, 022,407.00 as compensation for the loss of 1,300 birds. Rev. Stephen Okolie of Anamonye Farms Ltd. was presented with a cheque of N259, 689.60 for 300 birds while Mrs. Josephine Shike, owner of Planglan Poultry Farms who suffered a loss of 200 birds received N158, 961.00.
Expressing her gratitude for the initiative, Mrs.Sameel said “she was devastated when the birds started dying and because of the magnitude, she feared the claims will not be paid; but was surprised when a credit alert allayed her fears. She stated that she has purchased new birds now.
Also contributing,Grand Cereal’s brand manager, Feeds, Mr. Emmanuel Shodipe, said the company is committed to the success of poultry and fish farmers in the country, adding that Vital Feeds contains chemical that help reduces microbial infection in birds.
 
 
 


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NIHSA Warns States of Possible Flood within Seven Days

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Nigeria Hydrological Service Agency (NIHSA) has warned of possible floods in parts of Adamawa, Bauchi, Edo, Imo, Enugu, Akwa Ibom, Cross River, Kaduna, Plateau, Niger, Benue, and Borno states within the next seven days.

NIHSA Warns States of Possible Flood within Seven Days

According to information posted on NIHSA X handle, the Agency announced medium flood advisory in force for the next 7 days across Adamawa, Bauchi, and 11 other States.

“Localised inundation is forecast along the main channel; named communities below sit on the projected footprint. Stations: Saminara on the Karam river, Waya Dam Site on the Waya river, Amber on the Amber river.

“Adamawa; Lemsa, Lamurde, Numan Exposure: 147 comm. 49 schis 40 hith 6 mkts17 relig. Bauchi-Bauchi, Ningi, Shira. Exposure: 4 comm. Kaduna; Chikun, Giwa, Igabi, Jaba, Jema’a, Kachia, Kaura, Kauru, +6 more. Exposure: 1 comm.

“Borno-Gubio, Mobbar. Exposure: 680 comm. 8 schls 6 hith 5 mkts 21 relig. Edo-Akoko-Ed, EtsakoEa, EtsakoWe, Ikpoba-Okha, Orhionmw, OviaNort, OviaSo.. Exposure: 3 comm.

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“Imo-Aboh-Mba, Oguta, Ohaji/Eg, Okigwe, Owerri North, Owerri West. Exposure: 3 comm. 7 more states affected and severity LGAs”.

NIHSA advised people in the affected areas to “do NOT cross flooded roads, bridges, or fast-moving water on foot or by vehicle.

“Clear drainage channels and river-mouth blockages; avoid building or living in the floodplain and move people, livestock and valuables from the floodplain to pre-identified higher ground,” NIHSA stated.

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First Trustees Advocates Estate Planning as an Essential Tool in Every Wealth Creation Strategy

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First Trustees Limited, a subsidiary of FirstHoldCo Plc., and a leading provider of fiduciary and trusteeship services in Nigeria, is encouraging individuals, professionals, entrepreneurs, and investors to view Estate Planning not as an end-of-life exercise, but as a strategic investment tool for protecting, preserving, and transferring wealth across generations.

As more Nigerians focus on wealth creation through businesses, real estate investments, and other income-generating assets, experts are emphasizing that building wealth is only one part of the equation.

Equally important is creating structures that ensure those assets remain protected, properly managed, and seamlessly transferred to succeeding generations in accordance with the asset owner’s wishes. Importantly, Estate Planning is not solely for the wealthy, it is a prudent step for anyone with assets, dependants, or a business to protect, regardless of age, profession, or net worth.

Speaking on the importance of Estate Planning, Ereifemi Akeredolu, Managing Director/CEO, First Trustees Limited, noted that Estate Planning should be considered a core pillar of every long-term financial strategy.

“Many people focus on creating wealth but give litle thought to preserving it. Estate Planning is a wealth protection strategy that helps individuals safeguard their assets, secure their family’s future, and ensure that the value they build today continues to benefit future generations.”

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Using tools such as Trusts, Wills, and advanced succession plans, individuals can build structures that support wealth preservation, business continuity, asset protection, and intergenerational wealth transfer.

For entrepreneurs and business owners, Estate Planning serves as a powerful tool for ensuring business sustainability, helping organizations remain stable and operational regardless of unforeseen circumstances.

First Trustees continues to emphasize and educate on the importance of Estate Planning as a comprehensive strategy for proactive planning. It remains one of the most important financial decisions an individual can make: it provides clarity, minimizes uncertainty, and protects assets from unnecessary erosion and disputes. It also creates financial security for loved ones, supports business succession and continuity, and facilitates long-term investment and legacy planning.

 

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Nearpays, Nigerian Fintech Becomes First African Startup to Win UN’s AI for Good Innovation Factory

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Nearpays, Nigerian fintech, has won the AI for Good Innovation Factory grand finale — the first African startup ever to take the global title in the competition, which runs as part of the United Nations’ AI for Good Global Summit.

Nearpays, Nigerian Fintech Becomes First African Startup to Win UN’s AI for Good Innovation Factory

The competition drew more than 500 startups worldwide, each pitching AI solutions aimed at social and economic challenges.

The summit itself is organised by the UN through the International Telecommunication Union (ITU) in partnership with several UN agencies, convening governments, researchers, startups, and technology companies around AI’s role in development.

Nearpays’ route to the title ran through Johannesburg, where it won the African regional competition, before advancing to the global finals in Geneva.

There, the company progressed through the semi-finals and claimed the grand finale — a first for the continent.

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The company describes the win as bigger than a corporate milestone, calling it a victory for African innovation and proof that technology built to solve local problems can compete, and win, on the world stage.

Nearpays was founded to close a stubborn gap in African payments: small and medium-sized businesses that can’t afford or access traditional point-of-sale terminals.

Cost, availability, and deployment hurdles have kept many merchants — particularly in rural and underserved communities — locked out of digital payments.

Its answer is SoftPOS: an AI-powered platform that turns compatible Android smartphones into payment acceptance devices, letting merchants take contactless card payments with nothing more than their phones. AI is embedded across the platform, supporting payment processing, compliance, fraud detection, and business operations.

Crucially, the platform was built for African infrastructure realities — it works both online and offline, so merchants can keep accepting payments even without internet connectivity.

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The company credited its team’s years of product development and customer engagement for the result, and thanked the UN, the ITU, and the AI for Good initiative for building a platform where innovators can apply AI to real-world problems.

It also said it hopes the win encourages more African founders to build technology that answers local needs while competing internationally.

For Nearpays, the title closes one chapter and opens another, as the company pushes on with expanding digital financial infrastructure across Afric

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