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Oradajire backs Ughelli South LG boss for 2nd term

Oradajire backs Ughelli South LG boss for 2nd term

Mr. Oradajire, while speaking with newsmen at his office in Warri said, “there had been some protest from constituency two of the local government than constituency one which is made up of Ughievwen kingdom is monopolizing the position of the council chairman.

Bearish trend persists, share value plunges by N65bn

Bearish trend persists, share value plunges by N65bn

The bearish trend in the Nigerian capital market continued Monday, as key indicators of the Nigerian Stock Exchange (NSE) recorded significant depreciation, brought about by profit-taking activities by investors.

Amnesty: UNDEDSS tasks FG on sincerity

Amnesty: UNDEDSS tasks FG on sincerity

“We must not allow people with narrow views of Law and Order over a great vision of progress to undermine the chance of a comprehensive deal that will provide impetus for progress.

Adamawa ANPP sacks Chairman, others

Adamawa ANPP sacks Chairman, others

By Umar Yusuf YOLA — Rising from its extraordinary Executive Committee meeting held in conjunction with Forum of Local Government Chairmen, the Adamawa State Chapter of the All Nigeria Peoples Party (ANPP) has announced the removal of its Chairman, Abdulrahman Bobboi and his Deputy, Yunusa Dantakada for what the party called  gross party misconduct and […]

Disability cover now part of group life insurance

Disability cover now part of group life insurance

Dr Timi Austen-Peters who read the position paper on behalf of a group of participants that reviewed the paper, Pension Act 2004: An Assessment of the Adequacy of the Legal Framework delivered by Dr Kanu Agabi, former Attorney-General of the Federation said it was important that the disability cover is key to the insurance package.

Expert tasks stakeholders on maternal healthcare

Expert tasks stakeholders on maternal healthcare

By Vincent Ujumadu AWKA—A Medical expert, Dr. Edward. Sowho said yesterday,  in Awka that Nigeria has the worst maternal health indicators in the world, urging healthcare providers to do more possible to check the development.

Air France crash may drive up rates

Air France crash may drive up rates

The fatal June 1 crash of an Air France flight may cause further price increases in the aviation insurance market, although it is too early to say for sure, according to observers.

MASSOB denies  pact with FG

MASSOB denies pact with FG

By Vincent Ujumadu AWKA—THE Movement for the Actualization of Sovereign State of Biafra, (MASSOB) has denied that its leader, Chief Ralf Uwazurike signed an agreement with the Federal Government to drop his agitation for  the actualization of Republic of Biafra.

CIIN awards Fellows to Koroma, Adejumo

CIIN awards Fellows to Koroma, Adejumo

Chartered Insurance Institute of Nigeria (CIIN) last week honour President of Sierra Leone, Ernest Bai Koroma and the immediate past president of the institute, Mr Adeyemo Adejumo with award of fellows of the institute.

Onuesoke advises grassroots politicians to support leaders

Onuesoke advises grassroots politicians to support leaders

He also advised political representatives and leaders to get themselves involved in grassroots politics, adding that both the electorate and political representatives have a key role to play in the development of the country.

Law Union & Rock appoints Segun Ilori as Acting MD

Law Union & Rock appoints Segun Ilori as Acting MD

The board of directors of Law Union and Rock Insurance Plc has appointed Mr Segun Ilori, Executive Director (Fin & Admin) of the company as acting managing director following the resignation of the Mr Olumide Falohun.

Air France to make crash compensation payments

Air France to make crash compensation payments

Air France will compensate through its insurers the families of the victims of a June 1 crash in which 228 people died, the company’s chief executive said on Friday.

Edo lawmakers want FG to declare state of emergency on road

Edo lawmakers want FG to declare state of emergency on road

Speaker of the House, Zakawanu Garuba, Messrs Philip Shaibu, Bright Omokhodion,Fed Omogberai, Anslem Agbabi and Chris Umogbai, all raised alarm over the state of the road and feared that road accidents would continue along the road unless the Federal Government took urgent steps to dualise it.

Odah, three others set for NIA Council seats

Odah, three others set for NIA Council seats

Elections into Govern ing Council of the Nigerian Insurers Association may be assuming a battle dimension at the association’s 38th Annual General Meeting as Mr. Godwin Odah, Managing Director/CEO Union Assurance Company Ltd. will lead three others to contest for three vacant seats on Thursday.

Custodian nets N1.5bn profit in 2008

Custodian nets N1.5bn profit in 2008

Custodian & Allied In surance Plc have announced a profit after tax of over N1.5 billion in its 2008 financial results. This is contained in its current annual reports released last week at the Annual General meeting. Of the total net profit, about N840million or 17kobo per share was paid out as dividend to shareholders.