Business
Hilda Baci Aims to Inspire a New Generation of Chefs
Renowned chef Hilda Baci has unveiled her initiative to empower aspiring chefs throughout Nigeria and beyond.
In a recent statement, Baci introduced her Christmas Menu Cooking Class, part of her broader mission to equip women with essential culinary skills. She highlighted the importance of training women to achieve economic stability, noting, “The more women we can train to become economically stable, the better our society will be.”
Baci’s academy seeks to nurture a new generation of chefs equipped to navigate the challenges of the food industry, emphasizing career success in the culinary field.
The cooking class will take place from November 4 to December 9, 2024, providing participants with invaluable skills. Baci reiterated her commitment to women’s empowerment as a central focus of this initiative.
“With each session, we not only teach cooking but also inspire dreams and possibilities,” she shared. “This year, we’re excited to continue this beautiful tradition, opening doors to new opportunities for our participants.”
The program will also offer significant prizes, including a brand-new 2018 Hyundai Sonata and a remarkable ₦10 million cash reward.
The Christmas Menu Cooking Class will cover a comprehensive curriculum, featuring over 160 recipes, advanced plating techniques, pricing strategies, and video editing skills for learners at all levels.
“Participants will learn to create delectable dishes while acquiring vital skills for success in the culinary industry,” Baci stated.
This year’s class is especially significant, with opportunities for participants to win various digital and kitchen tools, alongside the grand prizes. “This isn’t just a prize; it’s a testament to what you can build,” Baci added, expressing her excitement for the impact of this initiative.
Upon completing the class, participants will receive certification, marking their newly acquired culinary expertise.
Business
Shehu Sani Criticizes World Bank Over Nigeria’s Economic Outlook
Former Kaduna Central Senator Shehu Sani has criticized the World Bank for worsening Nigeria’s economic difficulties. In a post shared on X, Sani accused the institution of projecting that Nigeria’s hardship would extend for another 15 years before the country could reach a better economic future. He questioned how many Nigerians would be left to enjoy that future, and how many African nations the World Bank has successfully helped to prosperity.
Sani’s remarks follow the World Bank’s latest *Africa’s Pulse* report, which forecasts that the Nigerian Naira will be among the worst-performing currencies in Sub-Saharan Africa by August 2024. The report placed the Naira’s decline alongside that of the Ethiopian Birr and South Sudanese Pound.
Business
HIG: Building Trust and Driving Innovation in Nigeria’s Insurance Market
Heirs Insurance Group (HIG) recently announced impressive financial results for the 2023 fiscal year, marking significant growth across all key metrics. The Group’s Gross Written Premium (GWP) surged by 59.3%, from N19.9 billion in 2022 to N31.7 billion in 2023. This remarkable performance underscores HIG’s resilience and operational efficiency, further solidifying its position as one of Nigeria’s fastest-growing insurance firms.
Heirs General Insurance (HGI) saw a 77% increase in GWP, reaching N12 billion in 2023. HGI’s profit before tax (PBT) also rose by 203%, reflecting the company’s effective cost management. Similarly, Heirs Life Assurance (HLA) reported a 71% GWP increase and a staggering 395% rise in PBT. Both companies have demonstrated a strong commitment to customer satisfaction, disbursing billions in claims.
Beyond financial success, HIG actively engages in corporate social responsibility (CSR) projects, contributing over N100 million to education, community development, and financial literacy. With plans for future expansion and innovation, HIG is poised to remain a key player in Nigeria’s evolving insurance market.
Business
Wike Urges Nigerians to Pay Taxes for Improved Social Services
Federal Capital Territory (FCT) Minister, Nyesom Wike, has called on Nigerians to fulfill their tax obligations, emphasizing that government revenue is essential for delivering social services. Wike made this appeal during the inaugural Abuja Business and Investment Summit, held in Abuja on Wednesday.
Speaking on the summit’s theme, “Optimising Investment Through Partnerships,” Wike stressed the importance of collaboration to generate investment opportunities. He dismissed the misconception that the government does not need revenue, explaining that taxes are crucial for funding public services.
Wike reiterated that both investors and the government must benefit from such partnerships, ensuring that both parties “go home smiling” through a fair exchange of services and taxes.
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