From left: Deputy Chairman Nigerian Insurers Association (NIA), Eddie Efekoha; Director-General Chartered Insurance Institute of Nigeria (CIIN) Kola Ahmed; Council Member, Funke Adenusi; Council Member, Isioma Chukwuma; President, Bola Temewo and President Nigerian Council of Registered Insurance Brokers (NCRIB), Ayodapo Shoderu at an event in Lagos. From left: President Chartered […]
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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, […]
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 […]
Nigeria’s NJC suspends judge over pension scam judgment
TVC NEWS [ABUJA]- The National Judicial Council (NJC) has suspended Justice Abubakar Talba of the High Court, Federal Capital Territory (FCT) Abuja from office for a period of one year without pay over the judgment he delivered in the case of the police pension fund thief, John Yakubu Yusuf. Yakubu […]
Fashola shuns question on corruption allegations
Lagos State Governor, Babatunde Fashola The immediate past Governor of Lagos State, Mr. Babatunde Fashola, on Thursday refused to answer questions on the allegations of corruption levelled against him. Fashola was alleged to have spent N139m on two boreholes at the Lagos House, Ikeja, and another N78.3m for the upgrade […]
Nobody can probe me —Amaechi
Former Rivers State Governor, Mr. Rotimi Amaechi The immediate past Governor of Rivers State, Mr. Rotimi Amaechi, says no anti-corruption agency in the country can probe him. The PUNCH had reported that Amaechi along with some other former governors: Rabiu Kwankwaso (Kano); Sullivan Chime (Enugu); Babatunde Fashola (Lagos); Godswill Akpabio […]
Buhari declares 270 cattle, mud houses, N30m, others • Osinbajo worth $900,000, N94m and more
President Muhammadu Buhari and Vice President Yemi Osinbajo on Thursday made public details of their assets, which had been declared to the Code of Conduct Bureau. According a statement by the President’s Senior Special Assistant, Media and Publicity, Garba Shehu, the President has about N30m in his only bank account […]
Crashed Air Force Plane was Not Insured, Says Alonge
By Ebere Nwoji
 The Nigerian Air Force plane, Dornier- 228, which crashed into a house in Kaduna State last Saturday, killing all seven people on board had no insurance cover, THISDAY has learnt. However, the occupants of the ill-fated aircraft were said to have individually insured their lives. THISDAY gathered […]
Why Insurance Claims Are Delayed
In Nigeria, research has shown that insurance policy is often taken with kid gloves. One of the reasons for the lukewarm attitude is the impression that getting insurance claims is like a camel going through the eye of the needle. An insurance expert, Fumilayo Odamah who is the regional manager, […]
How to sell insurance to low-income earners in Africa
In Africa, insurance has traditionally been a preserve of the rich. Most poor people have no safety nets and therefore risk losing everything in the event of serious illnesses, accidents, sudden deaths in the family or damage to their property. But the widespread use of mobile phones and the success […]