Managing Director of Riskguard-Africa Nigeria Limited, Mr. Yemi Soladoye, has suggested that experienced private individuals with little capital should be allowed to participate in the microinsurance business.

Minister of National Planning Commission, Dr Shamsuddeen Usman, has restated the Federal Government’s commitment to the growth and development of the Nigerian statistical system.

Nsukka—Evangelist Samuel Onyishi, Chief Executive Officer of the Peace Mass Transit Limited, PMT, has said he might consider the pressure being mounted on him by his people to run for the state governorship election in 2015.

A budget is an estimate of the amounts of money to be received and amounts of money to be spent for carrying out the objectives of an organisation or government over a specified period of time, usually a year. The budget identifies the activities that would be carried out, when each activity would commence and end, the costs of the resources that would be applied for each activity and the source of funds to meet the costs.

Governor Murtala Nyako was trained to fight as a military man. He has seemingly carried on as a civilian politician with brushes here and there. His latest brawl is, however, amusing.

South-South leaders of the Peoples Democratic Party, PDP met in Calabar last Saturday. The outcome of the meeting was as predicted: a ringing endorsement for a second term for their famous son, President Goodluck Jonathan.

While foreign Missions in Nigeria battle the activities of touts in interfering in visa application processes, the Acting Consul General, Consulate General of the Federal Republic of Germany in Nigeria, Jörg Steckhan has disclosed that security gaps have been eliminated and possibilities for touts to interfere have been reduced to the barest minimum in online booking system for visa appointments as introduced in December 2012.

A 52- year -old retired Sergeant with 242 Recce Battalion, Ibereko Barracks, Badagry, Mathew Lulu, is still trying to come to terms with the incident that happened on July 15th, 2013, when his wife and two children went missing from a church premises at Aradagun area of Badagry- Lagos.

The cyber risk insurance market is growing steadily, with financial institutions such as health funds and smaller banks among the first adopters, according to Zurich Head of Financial Institutions Asia-Pacific Damian Lynch.

Commissioner for Insurance, Mr. Fola Daniel has said that the federal government has complied 100 per cent with the ‘no premium, no cover’ policy on insurance accounts.

After assessing the value of spectrum to be left behind when broadcast stations would migrate to digital platform as Nigeria set the 2015 target, a Nigerian broadcast engineer has put the figure at above N380bn.

Comrade Tony Nwoye, the former student activist emerged as the candidate of the PDP for the forthcoming gubernatorial elections at the primaries conducted last weekend. Following his nomination, he spoke to Vanguard in a brief interview. Excerpts:

The Debt Management Office,DMO, has revealed that the Federal Government will soon come out with modalities for alternative financing in order to reduce borrowing from both internal and external sources.

THE 56th meeting of the National Council on Health, NCH, has opened in Lagos, with a declaration that Nigeria is still far from achieving the Millennium Development Goals, MDGs, on health ahead of the 2015 deadline.

For a risk to be insurable, there must be an element of uncertainty whereby the unfortunate may happen or may not happen. That uncertainty element allows the insurer to predict by the use of the law of large numbers and probability theory, that from a homogenous group transferring their risks, a given percentage might incur losses, and from the contribution of the homogenous group, the insurer can compensate the few amongst them.