At least 717 people have been killed in a stampede at the annual Hajj pilgrimage, Saudi Arabia’s civil defence directorate said, as the death toll continued to rise. The directorate said at least 863 other pilgrims were injured in Thursday’s stampede, which took place in Mina, on the outskirts of […]
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‘You are responsible for your pension’
Leave a comment Chuks Udo Okonta Do you know that you are responsible for your pension? This is a fact many employees do not consider as they strive daily to eke a living. The Pension Reform Act 2014 has placed the future of workers in their hands by empowering them […]
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,” […]
Feds: Send greedy ex-cop to prison for at least 8 years
Prosecutors on Wednesday painted a former high-ranking Detroit cop convicted in a Kwame Kilpatrick-era corruption scandal as a greedy liar and remorseless, entitled bribe-taker who should spend at least eight years in prison. In a blistering filing, federal prosecutors made the request two days after Paul Stewart’s co-defendant, ex-Detroit Treasurer […]
Less than 20% of population under health insurance cover: Report
Despite liberalization of the insurance sector, only around 21.6 crore people – less than one-fifth of India’s population – are covered under health insurance. Even among those who have some form of coverage, 67% are covered by public insurance companies, according to National Health Profile 2015, compiled by the Central […]
2015 African Legends Night Gets Insurance Cover
Event organizers Global Media Alliance (GMA) has secured an insurance cover for this year’s African Legends Night slated for September 26, 2015 at the State House Banquet Hall, Accra. GMA announced that insurance firm Phoenix Insurance, a subsidiary of the CDH Group, is the official insurance company for the much-anticipated […]
WHO welcomes appointment of Chair-elect of Gavi Board Dr Ngozi Okonjo-Iweala
Statement by WHO Director-General, Dr Margaret Chan 22 September 2015 WHO welcomes the appointment of the Chair-elect of the Board of Gavi, the Vaccine Alliance, Dr Ngozi Okonjo-Iweala. She will take up the position of Chair from January 2016. Dr Okonjo-Iweala is a renowned development economist and former Nigerian Finance […]
Emerging Capital exits Continental Reinsurance
Emerging Capital Partners, along with its investment partners, has sold C-Re Holding Ltd. to Saham Finances S.A, the insurance arm of Saham Group. Financial terms weren’t announced. C-Re owns 53.6 percent of Continental Reinsurance, a private reinsurance company in Africa, excluding South Africa. PRESS RELEASE 22 September 2015: Emerging Capital […]
Buhari approves N70m for Independence celebrations
Worried by the dwindling revenues of the country, President Muhammadu Buhari approved only N70million for this year’s Independence celebrations. Addressing journalists on Tuesday, the Secretary to the Government of the Federation, Babachir Lawal who was represented by the Permanent Secretary in the Office of the Secretary to the Government of […]
Soludo, Fayemi visit Buhari’s CoS ahead of ministerial appointments
Former Governor of the Central Bank of Nigeria, CBN, Professor Charles Soludo, and former Governor of Ekiti State, Kayode Fayemi, were yesterday sighted at the Presidential Villa, Abuja, filling visitors’ forms on their way to the office of Alhaji Abba Kyari, Chief of Staff to President Muhammadu Buhari. The Vanguard […]
