…Revenue up by 47% as private sector reawakens to insurance
By Rosemary Onuoha
FOLLOWING the failure of public sector group life business segment in their income portfolio, insurance companies may have created a bigger income stream in their group life policy in the private sector.
Reports of some companies that have so far submitted their 2019 half year, H1’19, results to the Nigerian Stock Exchange, NSE, show that Gross Premium Written, GPW, grew by 24.1 percent to N115.2 billion against N92.8 billion recorded in the corresponding period of last year.
Cornerstone Insurance records N11.5 bn Gross Written Premium in 2018(Opens in a new browser tab)… >>> Read Full Story
Awoof Cars Company conducts its business in a manner that satisfaction is guaranteed such that there wouldn’t have to be any issue with our clients.
The difference between the rich and the poor is information. When prospective buyers ask if we are a car dealer, we tell them we are not, but a broker: A Broker is a company or an individual who arranges transactions between the seller and the buyer for a commission when the deal is executed. Our services attract a flat charge of N100, 000. You can pay for any car we won directly to the auction by yourself if you have … >>> Read Full Story
Big Brother Naija housemate Seyi Awolowo has won the Veto Power title after a game of high stakes.
The Veto Power Game is a game of chance with each housemates having an equal probability of winning. For having the least amount of marbles at the end of the game, Seyi has become the Veto Power Holder for this week. This is the second time, he will receive the Veto Power badge in the Big Brother Naija House.
There were twelve stools with a silver cup on it. The Housemates were to pick a stool and stand in front of it for the game. Once they … >>> Read Full Story
Kingsley Nwezeh in Abuja
When will the panel set up by the Defence Headquarters (DHQ) to unravel the circumstances surrounding the killing of three police detectives and some civilians by soldiers of the 93 Battalion of the Nigerian Army, Takum, Taraba State, who took a suspected kidnap don, Alhaji Hamisu Bala Wadume, from police custody submitted its report?
That was the raging question in police and military circles at the weekend as the panel missed yet another deadline last Friday to turn in its report to the Chief of Defence Staff (CDS), General Gabriel Olonisakin.
THISDAY investigation showed that while the panel, headed by Rear … >>> Read Full Story
LAST week, Nigerians woke up to the breaking news of a visa row with the United States. The Donald Trump administration announced that as from Thursday (August 29, 2019) Nigerians whose visa applications were approved would pay extra visa fees ranging from $80 to $303 (depending on the class of visa) in addition to the non-refundable $160 to $260 application fees paid for non-immigrant visas, before they can travel to the US.
The US Embassy in Nigeria made it abundantly clear that the extra fee imposition was a “reciprocity” gesture which is a normal diplomatic retaliatory practice when a country feels that a foreign country … >>> Read Full Story
A group known as the Citizens Action for Change, CAC, has described the reported police order for the arrest of Islamic Movement of Nigeria (IMN) leaders across the country as a welcome development.
Reports had it over the weekend that the Inspector General of Police (IGP), Mohammed Adamu, had ordered the dismantling of any terror infrastructure traced to the group.
IGP Adamu, in a signal to the operatives dated August 30, 2019, had said the Force would not allow the Shi’ite members to violate the proscription of the IMN by the court.
He blamed the violent protest by the group on July 22 for the … >>> Read Full Story
Just for Illustration: American woman Wende Anne Terrill jailed after being stung by Nigerian scammers
An American woman who stole more than $200,000 from her employer, Midwest Petroleum, to help her “fiancé,” who was really a Nigerian scammer, has been sentenced to 366 days in prison and ordered to repay the money.
Wende Anne Terrill, 49, of Maryland Heights in St Louis, Missouri was found guilty of a felony wire fraud charge by a jury in U.S. District Court in March. She was sentenced on Friday, according to St. Louis Post-Despatch
Prosecutors said that from January 27, 2017, to March 31, 2017, Terrill wrote five-figure … >>> Read Full Story