Standard Alliance Insurance grosses N5.43bn income

From left: Chief Executive Officer Standard Alliance Insurance Plc, Bode Akinboye; Chairman, Johnson Chukwu and Company Secretary, Uruemuesiri Oghen at the event. Leave a comment and share Chuks Udo Okonta Standard Alliance Insurance Group posted a Gross Premium Income (GPI) of N5.43 billion last year, its Chairman, Johnson Chukwu has said. Chukwu, who disclosed this […]

Theresa May’s cabinet: Who’s in and who’s out?

Volkswagen CEO Martin Winterkorn quits over biggest scandal in its 78-year history

Volkswagen Chief Executive Martin Winterkorn resigned on Wednesday, taking responsibility for the German carmaker’s rigging of US emissions tests in the biggest scandal in its 78-year history. “Volkswagen needs a fresh start – also in terms of personnel. I am clearing the way for this fresh start with my resignation,” Winterkorn said, following a marathon […]

Ben Carson ‘should quit 2016 race’ over Islam remarks

Calls are growing for Republican Ben Carson to quit the 2016 race after he said a Muslim should not be president. BBC reported that Muslim-American groups, among others, have said these views make him unqualified to run himself. Mr Carson, a Christian, made the comments on Sunday, adding that Islam was inconsistent with the Constitution. […]

Builders must now offer work insurance

Workers at a construction site in Ha Noi. Construction firms now have to purchase insurance for both projects and workers. — VNA/VNS Photo Vu Sinh HA NOI (VNS)— In a move to ensure workers’ safety and regulate construction related insurance mechanism, project owners and contractors undertaking construct-ion work would now be under obligation to purchase […]

Finance and Central Bank to seek insurance remedies

Gordon Deegan Senior officials from the Department of Finance and the Central Bank are to meet to discuss measures to address weaknesses in the loss-making insurance industry. The talks between the two sides are to focus on policy initiatives suggested by Central Bank governor, Patrick Honohan for the sector. This follows the intervention of the Minister […]

Saudi king to meet with Obama amid Gulf concerns over Iran deal

U.S. President Barack Obama (L) shakes hands with Saudi Arabia’s King Salman at the start of a bilateral meeting at Erga Palace in Riyadh January 27, 2015. Reuters/Jim Bourg Saudi King Salman will meet with U.S. President Barack Obama in Washington on Friday to seek more support in countering Iran, as the Obama administration aims […]

Chinese ships headed home after Bering Sea sighting: U.S. Navy

Five Chinese Navy ships sighted in the Bering Sea off Alaska during a visit to the region by U.S. President Barack Obama have begun their “return transit,” the U.S. Navy’s top uniformed officer told Reuters on Thursday. Chief of Naval Operations Admiral Jonathan Greenert said he did not view the incident, an apparent first for […]
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