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Nigeria Ranks Fifth Largest Insurance Market In Africa

Despite the low insurance adoption, penetration and acceptance in the country, Nigeria’s insurance industry is ranked fifth in Africa. The top five insurance markets on the continent are said to have overall market share of 85 percent of premiums across Africa. General-Secretary of the African Insurance Organization (AIO), Ms Prisca Soares, speaking at a press conference after the launching of the second Africa Insurance Barometer at the just concluded 44th AIO Conference and General Assembly in Kampala, Uganda, said insurance market in the continent was still dominated by South Africa. The other major markets, she mentioned, include Morocco, Egypt, Kenya and Nigeria while the top five markets account for 85 percent of the total premiums. Kenya grew fastest in 2015 achieving a compound annual growth rate of slightly more than 10 percent from 2011 – 2015, Soares said. According to her, “With a volume of $46 billion, representing 72 percent of the total insurance prem...
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LASTMA Sacks 20 Over Corruption

By Evelyn Usman Lagos State Traffic Management Authority, LASTMA, has dismissed 20 of its officials over alleged corrupt acts ranging from extortion, misconduct to indiscipline. Twenty other officials were sanctioned over acts deemed not to be in consonance with the agency‘s rules and provisions of the Lagos State Civil Service, while 15 others were given letters of warning over their misdemeanour, as well as admonition to desist from any act that could be inimical to the image of the agency. General Manager of LASTMA, Mr. Olawale Musa, said in a statement issued to Vanguard yesterday and signed by LASTMA Head, Public Affairs, Mamud Hassan, said that the dismissed officials had been directed to immediately hand over all government property in their possession to the agency’s Head of Administration and Human Resources. He explained that the decision was taken by the Lagos State Civil Service Commission “at the end of its policy meeting that considered the minutes of...

Invest In Abia, Get Land Title Documents In 24hrs — IKPEAZU

By Ugochukwu Alaribe ABA—ABIA State governor, Dr. Okezie Ikpeazu has said that it takes only 24 hours for an interested investor to get a certificate of occupancy to any land in the state. Ikpeazu, who stated this in Aba while receiving the Speaker of the House of Representatives, Hon. Yakubu Dogara, said Abia remains the most investor friendly state, boasting of an industrial area strategically located with guaranteed power and access to neighbouring states. The governor, who outlined some of the projects embarked upon by his administration, disclosed that the state has acquired a 9,000 hectare industrial layout with a certificate of occupancy which is available for investors interested in Aba. He said, “We have acquired a 9,000 hectare land with C of O, if you want an industry today; I have a place, within 24 hours, I will give you the C of O of that place. There is a gas pipeline around there to generate energy. The place is 30 minutes to Port Harcourt, 45 minutes to ...

See Why You Should Mind What You Keep In Your Car Especially In Hot Weather

A car parked stationary under the sun can have temperatures shoot up drastically and also incredibly increasing the temperature of its contents. This singular reason is why it is extremely unwise to leave living beings like kids or pets in the car in hot weather.... Children have been killed like this at several times all over the world. So don't even think it's restricted to particular regions. A new incident has just revealed that this warning should extend beyond just living beings but also to pressured cans like hairsprays, perfumes, etc and also loaded guns. Unfortunately a lady in Washington, Karmen Ayres’ had a bitter experience after her windshield got a massive damage from an exploded can of hairspray while she was at work. According to Jalopnik, "On closer inspection, she noticed it was a can of hairspray lodged in her cracked windshield. She said she had left the can in her car on the back passenger side seat. “At first I looked up, because I thought maybe s...

Centre Honours 15 Candidates With 339 UTME Score

A 17-year-old candidate in the just concluded Unified Tertiary Matriculation Examination, Patrick Delight, has been celebrated for scoring 339. The son of a retired teacher father and a mother who still teaches at the Lagos State Model College, Meiran , Lagos, was honoured on Friday at Adams College, Ajao Estate, Lagos, alongside 14 other candidates who scored above 300 in the UTME. Others include Yusuf Kehinde, 305; Yusuf Taiwo, 307; Deola Adejumo, 309; Aina Testimony, 311; Grace Agbokeye, 310; Ekpon Jessica, 311; and Sanusi Mubarak, 314. According to the founder of the college, Mr. Adams Adebola, the decision to honour the candidates was to encourage other students to aspire for excellence. He added that scholarship would be offered to the students. He said, “This is a tutorial centre established to mentor and give the students intensive knowledge prior to their examination. The oldest of these achievers is 17 years. The country has a way of celebrating dancers and musicians...

APC Conducted An Online Assessment Polls Of Their Performance (see Results)

This is a poll conducted by apc Nigeria themselves on their official twitter handle.

Nigerian Nursing Assistant Breaks Leg Of 98-year-old Patient, Leading To Death

A Nigerian nursing assistant has been arrested by the Georgia Bureau of Investigation, after investigations revealed that he caused injuries that led to a 98-year-old woman’s death. According to Newnan police, the patient Edna Warren sustained a broken leg following contact with 43-year-old Hakim Ogunkunle on Tuesday. Warren was taken to Piedmont Newnan Hospital where she underwent emergency surgery but she died during the procedure. It was gathered that a staffer noticed swelling on Warran’s leg and notified a supervisor. When Ogunkunle was question, authorities said he told a story that was “inconsistent” with Warren’s injuries. However, after Ogunkunle’s story didn’t match the nurse’s account of what happened, Ogunkunle wrote a statement. In it, he said that he went into Warren’s room to get her ready for breakfast. He said that Warren became combative and tried to kick him. He wrote that he held her legs together to keep from...