Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Naira Tumbles as Interbank FX Turnover Drops by 43%

    June 20, 2026

    XRP Rises as HKIMR Recognises Ripple for Cross-Border Payment

    June 20, 2026

    ETC- Ethereum Classic Gains 6% on Listing Speculation

    June 20, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Naira Tumbles as Interbank FX Turnover Drops by 43%
    • XRP Rises as HKIMR Recognises Ripple for Cross-Border Payment
    • ETC- Ethereum Classic Gains 6% on Listing Speculation
    • Bitcoin Climbs, JP Morgan Says BTC Trades Below Mining Costs
    • Equities Investors Lose N939bn as Banking Index Tumbles
    • Industrial Court to Hear Suit Against Premium Pension Limited
    • GCR Upgrades Rand Merchant Bank Nigeria Rating to AA
    • AI Future Depends on Resilient Telecom Infrastructure – Adebayo
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Saturday, June 20
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Flood Destroyed N7.8bn Properties in Bauchi – SEMA

    Flood Destroyed N7.8bn Properties in Bauchi – SEMA

    Julius AlagbeBy Julius AlagbeSeptember 9, 2024 News No Comments2 Mins Read
    Flood Destroyed N7.8bn Properties in Bauchi – SEMA
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Flood Destroyed N7.8bn Properties in Bauchi – SEMA

    The Bauchi State Emergency Management Agency (SEMA), has said that more than N7.81 billion farmlands and properties were destroyed to flooding in 16 local government areas of the state.

    Mr Adamu Nayola, the Director, Planning, Research, and Statistics of the agency, stated this in an interview with the News Agency on Monday in Bauchi.

    Nayola attributed the devastating flood to heavy downpours in the last two months in the northern parts of the state.

    “The floods, which affected communities in 16 hard-hit local government areas, destroyed and damaged houses, farmlands, roads, electricity poles, and domestic animals.

    “This resulted in significant economic losses. Unfortunately, the disaster also claimed several lives with many others injured,” he said.

    He listed the affected areas to include Giade; Shira, Katagum, Gamawa, Zaki, Kirfi, Dambam, Alkaleri, Darazo, Itas Gadau, Toro, Bauchi, Misau, Jama’are, Warji and Ganjuwa.

    According to Nayola, the agency is distributing relief items to the affected communities, adding that the state government was working to assist the victims and mitigate flooding.

    While sympathising with the victims, Nayola urged the people in the flood prone areas to relocate to higher grounds to avert the disaster. #Flood Destroyed N7.8bn Properties in Bauchi – SEMA

    Custodian Announces Interest in FBNQuest Merchant Bank Acquisition

    Bauchi State SEMA
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Julius Alagbe
    • Website
    • LinkedIn

    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

    Keep Reading

    Naira Tumbles as Interbank FX Turnover Drops by 43%

    XRP Rises as HKIMR Recognises Ripple for Cross-Border Payment

    ETC- Ethereum Classic Gains 6% on Listing Speculation

    Bitcoin Climbs, JP Morgan Says BTC Trades Below Mining Costs

    Equities Investors Lose N939bn as Banking Index Tumbles

    Industrial Court to Hear Suit Against Premium Pension Limited

    Add A Comment

    Comments are closed.

    Editors Picks

    Naira Tumbles as Interbank FX Turnover Drops by 43%

    June 20, 2026

    XRP Rises as HKIMR Recognises Ripple for Cross-Border Payment

    June 20, 2026

    ETC- Ethereum Classic Gains 6% on Listing Speculation

    June 20, 2026

    Bitcoin Climbs, JP Morgan Says BTC Trades Below Mining Costs

    June 20, 2026

    Equities Investors Lose N939bn as Banking Index Tumbles

    June 20, 2026
    Latest Posts

    Naira Tumbles as Interbank FX Turnover Drops by 43%

    June 20, 2026

    XRP Rises as HKIMR Recognises Ripple for Cross-Border Payment

    June 20, 2026

    ETC- Ethereum Classic Gains 6% on Listing Speculation

    June 20, 2026

    Bitcoin Climbs, JP Morgan Says BTC Trades Below Mining Costs

    June 20, 2026

    Equities Investors Lose N939bn as Banking Index Tumbles

    June 20, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.