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NAICOM: Insurance sector life annuity fund portfolio hits N323 billion

The Insurance sector life annuity fund portfolio stood at about N323 billion at the end of the second quarter of 2019.
The execution of the Nigeria Liquefied Natural Gas (NLNG) Train 7 project will create over 40,000 direct and indirect jobs, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has said.

$17 billion NLNG Train 7 Project ‘ll create 40,000 jobs

The execution of the Nigeria Liquefied Natural Gas (NLNG) Train 7 project will create over 40,000 direct and indirect jobs, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, has said.

Federal government eyes 140,000 jobs from NLNG Train 7

The Nigerian Liquified Natural Gas (NLNG) Train 7 Engineering, Procurement and Construction (EPC) Contract would create over 40,000 direct jobs and provide employment for over 100,000 workers, it was learnt on Thursday.
The National Youth Service Corps (NYSC) has deployed 1,400 corps members to Gombe State for the 2019 Batch B Stream II orientation course.

NYSC nabs two fake corps members in Katsina

The National Youths Service Corps has caught two fake corps members among the current set of 2019 Batch B stream II deployed to Katsina State.

How to spot fake vehicle insurance certificates

The menace of fake motor insurance certificates has become a major concern for all stakeholders in Nigeria’s insurance sector considering that over seven million vehicles ply public roads with invalid insurance papers.

Nigerian insurers cede over $46.2bn risks abroad

Nigerian insurance companies ceded over $46.2 billion to international insurance companies out of a total sum insured of $146.2 billion risks of top 11 companies in 2018.

Experts advise federal government to intervene in crisis over poor pension of police officers

Some insurance and pension experts have called on the Federal Government to urgently intervene in the raging issue of poor pension benefits being paid to some retirees of the Nigeria Police.
Vice President Yemi Osinbajo stated this at the end of a four week-training for 1500 youths who participated in the N-Creative programme held in Benin.

Economic growth: Nigeria to invest in creative industry – VP Osinbajo

The Federal Government has promised to invest in the animation industry and other creative sectors to make jobs available for youths, boost GDP, and achieve economic growth.

NDIC: Banks’ profit up by 106% to N310 billion in 2018

The banking industry recorded 106 per cent increase in profitability to N310 billion in 2018 from N150 billion in 2017.

Mohammed Kari steps down as NAICOM chief

Alhaji Mohammed Kari, yesterday, stepped down as the Commissioner for Insurance and Chief Executive of the National Insurance Commission, NAICOM, following failure of the Federal Government to renew his appointment.
The Speaker of the House of Representatives, Femi Gbajabiamila, has approved the appointment of Olarewaju Lasisi as his senior special adviser on media and public affairs. 1

Speaker Gbajabiamila names chairmen of 109 standing committees

House of Representatives Speaker Femi Gbajabiamila on Thursday announced the chairmen of the 109 standing committees.
gun men police shoot

Union confirms killing of Nigerian teenager in South Africa

Nigerians mourn Mrs Obianuju Ndubuisi-Chukwu, a Nigerian Insurance chief, who was murdered in South Africa, the country again is grappling with the ruthless assassination of a teenager in that country.
The Federal Government has condemned, in very strong terms, the unfortunate murder of Mrs. Elizabeth Ndubuisi-Chukwu, in South Africa and has called on the authorities to prosecute her killers.

South Africa: We’ll unravel circumstances surrounding death of Ndubuisi-Chukwu

The South African Acting High Commissioner to Nigeria, Mr. Bobby Moroe, has stated the commitment of his home government to unravel the circumstances that surrounded death of Nigerian Insurance chief, Mrs. Elizabeth Ndubuisi-Chukwu, who was killed in an hotel in South Africa.

Edo Assembly crisis: Groups accuse House of Reps committee of bias

Barely 48 hours after the House of Representatives Committee set up to investigate the crisis that trailed the controversial inauguration of the Edo State House of Assembly, two All Progressives Congress groups, the Etsako Solidarity Front, ESF and the Owan Renaissance, have raised alarm over neutrality of the committee as they alleged that the committee’s trip to Benin City last Friday was sponsored by an individual.
A graduate of Insurance from the Polytechnic, Ibadan, Oyaremi Olabode, was on Monday convicted of criminal impersonation and sentenced to four months in prison.

Ibadan polytechnic graduate jailed for impersonation

A graduate of Insurance from the Polytechnic, Ibadan, Oyaremi Olabode, was on Monday convicted of criminal impersonation and sentenced to four months in prison.

Suspected fake insurance agents face N39.5 million fraud charge

Two suspected fake insurance agents, Daniel Udeze and Smith Obume, who allegedly swindled a lady of N39.5 million, were on Friday brought before an Igbosere Magistrates’ Court in Lagos.
Top Nigerian Professional Football League teams on Monday were handed easy draws at the 2019 Aiteo Cup Round of 64 games.

Aiteo Cup: Lobi Stars, Rivers United battle for last four spot

It’ s an all NPFL clubs top of the bill pairing as free scoring Rivers United file out against Lobi Stars on Friday in Ijebu Ode as the 2019 Aiteo Federation Cup enters the quarter-finals stage.
Telecommunications operators have blasted the Nigerian Civil Aviation Authority (NCAA) over its threat to demolish about 7000 mast, largely owned by Global System for Mobile communication (GSM) service providers in the country.

Communications ministry to spend N2.7 billion on research in 2019

Things may be looking up for the Ministry of Communications in 2019 as the recently approved Appropriation Act makes sure every activity of the ministry receives handsome allocation.

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Kano government trains 150 women, orphans in skills acquisition

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Nigerian Army speaks on ‘killing, abduction of soldiers’ in Borno

The Nigerian Army has dismissed the report of killing and abduction of soldiers by Boko Haram terrorists along Gwoza-Bama road in Borno.

Emmanuel Jime: I accept Supreme Court verdict in good faith

Mr Emmanuel Jime, the All Progressives Congress (APC), governorship candidate in the 2019 governorship race in Benue, has accepted in good faith the Supreme Court verdict that affirmed Gov. Samuel Ortom’s re-election.