Africa accounts for only 1.4% of world insurance premium- AIO
The African Insurance Organisation, AIO, has decried the low level of insurance penetration in Africa, saying that the continent can boast of only about 1.4 per cent of total world premium. President of AIO, Mrs. Lamia Ben Mahmoud who made the assertion at the 43rd Conference and Annual General Assembly of the AIO in Marrakech, Morocco last week noted that there is clear predominance of developed countries on the insurance market.
Esan youths slam Dep Speaker over endorsement of Obaseki
The Deputy Speaker of Edo State House of Assembly, Mr. Justin Okonobo, has come under attack by Esan youths over his alleged endorsement of All Progressives Congress, APC, governorship aspirant, Mr. Godwin Obaseki
Marketers to lose N16.5bn in subsidy to hoarding
Petroleum marketers may have to forfeit about N16.5 billion in possible subsidy claims due to oil price increases at the international market due to hoarding of product, which they preferred to call inventory stock.
9% tax on ICT will threaten Nigeria’s 30% broadband penetration by 2018 – A4A1
The passage of Information Communications Technology, ICT, tax being considered by the National Assembly will likely threaten Nigeria’s ability to achieve its goal of 30% broadband penetration by 2018 and also undermine the socio-economic progress spurred by increased connectivity, Alliance for Affordable Internet (A4AI) has said.
Killer-herdsmen should be killed —Rep
A member of the House of Representatives, Mr Ehiozuwa Agbonayinma, has called on the people of Southern Nigeria not to spare the lives of Fulani herdsmen who kill in their domain, describing them as another face of Boko Haram.
Steven Johnson Syndrome not discovered in Nigeria – Health minister
The Minister of Health, Professor Isaac Adewole, has said contrary to reports making the rounds, Steven Johnson Syndrome, SJS, a rare medical condition caused by adverse drug reaction, is not a new disease and it was not discovered in Nigeria.
‘I want to stay’ at Chelsea, says emotional Terry
Captain John Terry told Chelsea’s fans he wanted to stay at the club during an emotional address following their 1-1 draw with Premier League champions Leicester City on Sunday.
FG to tackle smuggling to promote made in Nigeria products
The Minister of State for Industry, Trade and Investment, Hajia Aishat Abubakar has said the Federal Government is developing a holistic strategy to tackle the menace of smuggling which is threatening the patronage of locally manufactured goods.
Benfica retain Portuguese title
Benfica held off the challenge of bitter rivals Sporting to win a third straight Portuguese title by beating Nacional 4-1 on the final day of the season on Sunday.
Captain Nico Gaitan scored twice with top scorer Jonas, with his 32nd league goal of the season, and Pizzi also on target for Rui Vitoria’s side before Salvador Agra got one back at the death.
Domestic violence traceable to dysfunctional family background – Ambode
Governor Akinwunmi Ambode of Lagos State, Sunday, identified dysfunctional family background as one of the major reasons for rising cases of domestic violence, just as he advocated the need for parents to imbibe in their wards the virtues of honesty, respect, morality, good neighborliness, peace and love.
Sheriff apologises to aggrieved PDP stakeholders
Sen. Ali Sheriff, the National Chairman, Peoples Democratic Party (PDP), has apologised to aggrieved stakeholders of the party over statements credited to him by his personal aides and associates.
