News

EU Releases €250,000 Aid for 15,000 Displaced Persons in Benue, Plateau

Published

12 months ago

August 8, 2025

vicky

The European Union (EU) has approved an additional €250,000 (over ₦450 million) in humanitarian assistance to support 15,000 people displaced by violent attacks in Benue and Plateau states.

The EU said the funding will enable the Nigerian Red Cross to deliver urgent aid to 2,500 vulnerable households who have been displaced for more than four months. The assistance package includes emergency cash support, essential household items, healthcare, psychosocial services, and access to safe water and sanitation.

Beyond immediate relief, the initiative will strengthen protection services and run health, hygiene, and safety awareness campaigns. “This comprehensive approach aims not only to alleviate suffering but also to safeguard the dignity of vulnerable people—especially women, children, and those repeatedly displaced—now living in precarious and underserved conditions,” the EU stated.

The humanitarian crisis in both states remains severe. As of July 2025, over 615,000 people are displaced in Benue and another 65,000 in Plateau, many of them subsistence farmers cut off from their land during the crucial planting season. Most now reside in overcrowded camps or makeshift shelters, facing acute shortages of food, clean water, healthcare, and protection.

The latest funding forms part of the EU’s contribution to the Disaster Response Emergency Fund (DREF) of the International Federation of Red Cross and Red Crescent Societies (IFRC). It comes after a €500,000 (about ₦886 million) grant was provided in July to the International Organisation for Migration (IOM) to meet urgent needs of displaced people in Benue.

The EU warned that persistent and targeted violence in both states continues to fuel a protracted protection crisis, causing widespread destruction and worsening humanitarian needs. “With new security threats emerging weekly, the need for sustained humanitarian action remains paramount,” it added.

Related Topics:€250000 Aid 15000 Displaced Persons Benue EU plateau

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WAFCON 2026: Super Falcons Coach, Madugu Opens Up on Players’ Selection, Tactics Ahead of Crucial Zambia Clash

Published

1 hour ago

July 31, 2026

Preport

Super Falcons head coach Justin Madugu has defended his player selection and tactical decisions ahead of Nigeria’s crucial Group C encounter against Zambia at the 2026 Women’s Africa Cup of Nations (WAFCON).

The ten time African champions are under pressure following their disappointing 3-2 defeat to tournament debutants Malawi in their opening match.

The outcome of that has intensified scrutiny of the coaching crew’s team selection and tactical approach.

Speaking during his pre-match press conference on Friday, Madugu insisted that every selection is based on players’ performances in training, tactical requirements and the specific demands of each opponent.

“We have very versatile players in this team. Every player selected is chosen for a reason,” Madugu said.

“The choices we make are based on what we observe in training, the physical condition of the players and the tactical plan for each game. We take full responsibility for every decision.”

The coach acknowledged the disappointment of the opening defeat but maintained that Nigeria still controls its destiny in the competition.

“We still have our fate in our hands. We have corrected the mistakes from the last game and we are fully focused on the challenge against Zambia,” he added.

Madugu also revealed that the technical crew has worked on tactical adjustments aimed at improving the team’s defensive organisation and attacking efficiency ahead of the must-win fixture.

Meanwhile, goalkeeper Chiamaka Nnadozie and forward Uchenna Kanu expressed confidence that the squad has moved on from the setback against Malawi.

Nnadozie urged Nigerians to continue supporting the team, insisting the players remain united and determined to bounce back, while Kanu said the atmosphere in camp remains positive despite the opening loss.

Nigeria face a formidable Zambia side that began their campaign with an emphatic 6-0 victory over Egypt.

Victory for the Super Falcons would revive their hopes of reaching the knockout stage, while another defeat would leave their qualification chances hanging by a thread.

Business

H1 2026: Mutual Benefits Assurance Records 15.5% Asset Expansion to ₦204bn

Published

2 hours ago

July 31, 2026

Preport

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s retail insurance giant, Mutual Benefits Assurance Plc has reported 2.57 percent growth in Insurance Revenue to ₦42.25 billion up from ₦41.20 billion in H1 2025.

According to the group’s unaudited financial statements, released on the floor of Nigerian Exchange Plc, Total Assets appreciated by 15.46% to ₦204.00 billion as of June 30, 2026 when compared to ₦176.68 billion at year-end December 2025.

Also, its Shareholders’ Funds grew to ₦72.32 billion as against ₦65.00 billion reported in December 2025, this indicating 11.25% growth

The company’s net income from reinsurance contracts held turned around significantly to ₦3.25 billion, reversing a net expense of ₦3.73 billion recorded in the same period last year.

The company reported a net profit of ₦3.51 billion for H1 2026, down 40.48% from ₦5.90 billion in H1 2025.

The underwriter’s total assets crossed the ₦200 billion mark, driven largely by a 50.10% rise in reinsurance contract assets, which reached ₦22.49 billion (up from ₦14.98 billion in December 2025).

Total liabilities stood at ₦117.98 billion, representing a 10.31% expansion from ₦106.95 billion recorded at the end of fiscal year 2025.

The post H1 2026: Mutual Benefits Assurance Records 15.5% Asset Expansion to ₦204bn appeared first on Business Today NG.