Managing Director of Premium Pension Limited, Mr. Wilson Ideva has stated that retirement that is not preceded by proper planning and preparedness could spell disaster for both the retiree and the society. Ideva made this assertion in Asaba while delivering a paper at the 2nd edition of the Delta State Bureau of State Pensions Annual Lecture Series.

The Nigerian insurance sector is considered to offer significant potential with foreign investors attempting to build a profile in the market despite being confronted by a difficult operating environment as fluctuating oil prices threaten the country’s economic expansion. According to a report by A.M Best, a sense of optimism is prevailing as the prospect of a new political era is instilling a greater degree of confidence in Nigeria’s future.

Nigeria secured the highest year on year growth when it came to motor vehicle related online search inquiries in emerging markets, with 89 per cent growth rate, according to a white paper released by Nigeria’s online car marketplace, Carmudi.com. Titled ‘The booming automotive industry in emerging markets’ the white paper highlighted among other things, the purchasing behaviours in Nigeria, the internet’s role in car sales and trends between GDP per capita and car ownership in Nigeria and other emerging markets.

As the new president, Mohammadu Buhari settles into office today, it is clearly evident that one of the most urgent (may not necessarily be most important) task before him would the optimal decision on the lingering fuel crises (supply or pricing crises) which ironically welcomed him to office while bidding good (or bad) by to the former president Goodluck Jonathan last weekend.

African Development Bank (AfDB) has expressed concern that the continent’s energy deficit remains large in spite of remarkable achievements in continental development. The view is contained in the fifth edition of the bank’s Annual Development Effectiveness Review (ADER) issued at its 50th Anniversary and Annual General Meeting in Abidjan on Wednesday.

The findings of recent survey of private equity backed companies indicates that the popular perception of private equity as an investor is only involved for short term gains as this couldn’t be far from the truth as propounded by Price Water Corporation, PwC. The reality is that private equity houses appear to be more willing to finance companies than traditional lenders are prepared to invest for growth.

In his resolve to get to the root of the Boko Haram insurgency, President Muhammadu Buhari is to make his first official trip out of the country to Niger Republic, Wednesday.

The risk of the smallest cocoa harvest in five years is combining with power cuts and a weak oil price to cloud the prospects for Ghana’s debt. Output from the world’s second-biggest producer of the chocolate ingredient may drop 25 per cent from last year, according to Ecobank Transnational Inc.

The Sports Writers Association of Nigeria, SWAN, Lagos chapter, has congratulated His Excellency, Governor Akinwunmi Ambode, on his assumption of office as the Executive Governor of Lagos State and, by extension, the Grand Patron of Lagos SWAN.

Nigeria’s online hotel booking agency, Hotels.ng has secured $1.2 million, about N240 million investments from international investors. The investment came from international investors including seed-stage technology fund, EchoVC Pan-African Fund and Omidyar Network, the investment vehicle of eBay founder, Pierre Omidyar.

Smart phone manufacturer, Tecno has in recognition of the important roles children play in the society, at the just concluded Children’s ‘ day celeration gave out N100,000 scholarship each to three children from public schools in Lagos.