Ambode The Lagos State Civil Service has come a long way in reducing waste while increasing productivity. This is partly the result of the extensive investments in knowledge and skills by the State Governor, Akinwunmi Ambode. The importance of eliminating waste cannot be overemphasised. Countless studies have shown that, with […]
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AIICO Pension to hold career development workshop
MD/CEO Longe Eguarekhide Leave a comment and share Chuks Udo Okonta AIICO Pension Managers Limited has unveiled plans to hold career development workshop aimed at helping unemployed youths make smart career choices. A statement by Jumai Abdullahi, of the firm’s Strategic Planning and Corporate Communications, noted that the workshop, which […]
Linkage Assurance to sell motor insurance online
Dr. Apere Leave a comment and share Chuks Udo Okonta Linkage Assurance Plc, has secured the approval of the National Insurance Commission (NAICOM) to distribute its motor insurance policies online through a robust technology platform that makes it more accessible to its customers anywhere in Nigeria. The firm said the […]
PenCom clears Leadway, AIICO, 351 firms to bid FG contracts
Acting Director-General, PenCom, Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has issued compliance certificates to 353 companies to bid Federal Government contracts this year. PenCom noted that as at March 23, 2018, the firms had complied with the Pension Reform Act (PRA) […]
Underwriters pay over N942.26m claims on Dana Air clash
Leave a comment and share Chuks Udo Okonta Four years after a Lagos-bound Dana Air aircraft from Abuja, crashed into a two-storey building at Ishaga, at the Iju-Ishaga area of Lagos, insurance companies were still battling to settle the claims as four of them paid about N942.26 million in 2016 […]
Life Insurers hit by huge claims payments
.Net claims swallow net premium income Leave a comment and share Chuks Udo Okonta Some Life Insurance companies in 2016 paid huge net claims which gulped their net premium income, Inspenonline can report. Data obtained from the Nigerian Insurers Association (NIA) revealed that firms like Ensure Insurance Plc, had a […]
Old Mutual offers free financial education to over 15,000 persons
an Resources & Planning, American University of Nigeria, Nurha Bamalli; Acting Worksite Acquisition Manager, Old Mutual Insurance, Isaac Onaolapo at a Financial Education Workshop held recently at the American University of Nigeria, Yola, Adamawa State. Leave a comment and share Chuks Udo Okonta Old Mutual Insurance has in line with […]
Stress free workplace boost workers efficiency – Ambode
Ambode Weak or ineffective management which leaves employees feeling they don’t have a sense of direction or over-management, which can leave employees feeling undervalued affects their self-esteem and efficiency, Lagos State Governor, Akinwunmi Ambode, has said. Besides, failure to keep employees informed about significant changes to the organisation causes them […]
Photo: Faces at PenCom’s meeting with Journalists
From left: Head Research & Strategy Management Department, National Pension Commission, Dr. Farouk Aminu; Acting Director General, Aisha Dahir-Umar; Company Secretary/Legal Adviser, Mohammed Sani and Head, Corporate Communications Department, Peter Aghahowa at a meeting with Journalists in Abuja.
29 insurance firms post negative reserves
Leave a comment and share Chuks Udo Okonta Twenty nine insurance companies have negative reserves a report by the Nigerian Insurers Association (NIA) has revealed. According to the 2016 Nigeria Insurance Digest, Produced by the association, the firms posted negative reserves amounting to N93.15 billion in 2016. The NIA report […]