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Showing posts with the label 2017 at 05:05AM

Insurance firm records 320% growth in profit after tax

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http://ift.tt/2rDAk1q The firm stated this at its 18th Annual General Meeting to lay before the shareholders the yearly reports and accounts for the financial year ended December 31, 2016. Ensure Insurance PLC has recorded a N1.1 billion in profit after tax. It also achieved an underwriting profit of N621 million.According to the company, this is a testament to the efficacy of the underwriting guidelines and practices that its management instituted. The firm stated this at its 18th Annual General Meeting to lay before the shareholders the yearly reports and accounts for the financial year ended December 31, 2016. It was a crucial meeting considering that in its first full year, the new management of the company had recorded a loss after tax of N0.5 million.The chairman, Mr. Fola Adeola, pioneer CEO and co-founder of Guaranty Trust Bank, in his opening remarks highlighted headwinds in the macroeconomic climate of the Company’s business operating environment that had befuddled busi...

U.S. don urges Buhari to implement 2014 confab report

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http://ift.tt/2oN8mik President Muhammadu Buhari Says it will address restructuring agitation A University professor at the Northwestern University in the United States (U.S.), Prof. Richard Anthony Joseph, has urged President Muhammadu Buhari to implement the report of the 2014 National Conference as a way of addressing the agitation for a true federalism. Joseph, who stated this yesterday in Abuja at an interactive session organised by the National Institute for Legislative Studies (NILS) in collaboration U.S. Embassy, said the report of that conference would offer Nigeria the most effective solution to the calls for restructuring. Presenting a paper titled “Affirming Democracy Amid Insecurity and Uncertainty”, Joseph said: “There was a great opportunity in 2014 when the national conference was held here in Nigeria and that conference came forward with a lot of recommendations. And so, that was an opportunity, which Nigerians had to discuss all of these issues relating to true...

Ohanaeze silent as threat to Igbo dominates talks in Enugu

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http://ift.tt/2q5Mv2J President General of Igbo socio-cultural organisation, Ohanaeze Ndigbo, Chief John Nnia Nwodo (Jnr) The apex Igbo socio-cultural organisation, Ohanaeze Ndigbo, has decided to keep mute as the order on the Igbo to vacate the northern region on October 1 by some northern groups yesterday dominated discussions in Enugu. It says it prefers to “watch as events unfold.”Although many see the development as invitation to “anarchy’, others, especially pro-Biafra agitators, see it as an “answered prayer for Biafra Independence.” President-General of the organisation, Chief Nnia Nwodo, said the social-cultural group would not comment on the issue.However, former President-General of Ohanaeze Ndigbo, Dr Dozie Ikedife, has, however described the order served on Ndigbo as typifying the “true mindset of the North”, adding that he would wait for reaction by leaders of the North. Meanwhile, the Igbo youths on the aegis of Ohanaeze Ndigbo Youth Council (OYC) after its m...

CAN seeks immediate arrest, prosecution of sponsors

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http://ift.tt/2r8fALo John Hayab • ACF holds emergency meeting The northern chapter of the Christian Association of Nigeria (CAN) has called for the immediate arrest and prosecution of those behind the move.The body, which condemned the action in a statement yesterday in Kaduna by its Publicity Secretary, Reverend Joseph Hayab, noted: “It is very sad to read that a short-sighted and ignorant group from our region is calling on Igbo to leave the north before October. Such call is evil and a threat to national security and unity.” Hayab went on: ““The leaders of this group and their sponsors should be arrested and prosecuted immediately. If we may ask, which north do they claimed to be speaking for? “We are northerners and cannot recall any meeting where such decision was taken and we will never support or encourage anyone to champion such an evil idea. What our country needs today is unity and progress, and not a threat from people who do not know and understand the positive cont...

Militants threaten to resume bombing of oil facilities in Delta

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http://ift.tt/2rDAjKU Spokesman of the group, Cpl Oleum Bellum, said they were putting the Federal Government and oil companies – local and multinationals – operating in the state on notice that effective from midnight June 30, 2017 there should be no more oil and gas operations in Delta. A militant group, New Delta Avengers, yesterday vowed to resume disruption of oil exploration activities in Delta State. The militants declared “Operation Cripple Oil and Gas Production’ saying they would use any means available to achieve their aim. Spokesman of the group, Cpl Oleum Bellum, said they were putting the Federal Government and oil companies – local and multinationals – operating in the state on notice that effective from midnight June 30, 2017 there should be no more oil and gas operations in Delta. They warned that those who try their resolve would be made a scape goat.A statement issued yesterday by members of the group who claimed to be ex-militants reads: “From the oil producin...

Man stabs wife to death over N4,000 house-keep allowance

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http://ift.tt/2r7RAbA The suspect As the recession bites harder in many parts of the country, a 36-year-old man, Abdullahi Garba, from Ihima area of Kogi State, has allegedly hacked his wife, Falilat Saka Garba, to death, over disagreement on house upkeep allowance of N4,000. Garba, who is being held for culpable homicide, however expressed regret over the incident that led to the death of his wife, disclosing that they were married for 15 years before the ugly incident. He said out of the N4,000 his wife requested, he was able to provide N2,000, which she turned down, adding that the ensuing argument over the shortfall made her to slap him. “As a man, I felt so humiliated and in anger the knife we were using to peal orange became my weapon, which I used to stab her. Unfortunately, she died.”The remorseful Garba said he could not believe he had killed his own wife and mother of his six-year-old son. Parading Garba along with 13 suspected criminals for allegedly engaging in...

Justice Ademola, others resume sitting

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http://ift.tt/2rDvYqI Justice Adeniyi Ademola (right) looks away from the camera while appearing before an Abuja High Court.PHOTO: LADIDI LUCY ELUKPO • Court grants Usman leave to travel abroad Justice Adeniyi Ademola of the Federal High Court, Abuja, resumed sitting yesterday as directed by the National Judicial Council (NJC), last weekend.The recalled judicial officers include Justice of Supreme Court, Justice John Inyang Okoro and Justice Uwani Abba Aji of the Court of Appeal. Others are Justices of Federal High Court, including Hydiazira A. Nganjiwa, Musa H. Kurya and Adeniyi Ademola, who has been discharged and acquitted by the High Court of the Federal Capital Territory. There was also Justice Agbadu James Fishim of National Industrial Court of Nigeria. The affected officers resumed at their respective locations across the country yesterday. While Justice Okoro resumed duties in his chambers at the apex court, Justice Ademola made his entry into the courtroom at exactly 9:...

‘Threat against Igbo people might disintegrate Nigeria’

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http://ift.tt/2r4NeX7 Kimse Okoko • Okoko urges action on 2014 confab report Former President of the Movement for the Survival of the Ogoni People (MOSOP) Ledum Mitee, has warned those fanning the embers of crisis against creating the basis for the disintegration of the nation. He noted that the threat portends a grave danger to the stability of Nigeria.Mitee told The Guardian in Port Harcourt that he had expected the Federal Government and northern leaders to come out with a clear statement condemning the action. Moreso, he demanded that security agents should subject the leaders of the 16 groups to intense interrogation, otherwise, they may be creating the basis for the disintegration of the entire country. Mitee pointed out that a situation where one group will take upon themselves the duty to give quit notice for people to leave one part of the country poses more threats to the stability of the nation than the activities of the Indigenous People of Biafra (IPOB). He e...

US honors 5 Nigerian women

Redefining land administration in Lagos State

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http://ift.tt/2rNGwEk PHOTO: TOBI AWODIPE Sir: The attendant issues and problems associated with land acquisition and ownership including land registration, obtaining title documents for landed property such as certificate of occupancy and the likes is fast becoming a thing of the past in Lagos as the State’s Lands Bureau is now better reposition and to manage land resources in the state. The state is currently upgrading and redesigning the layout and business process within the Land Registry, in order to maintain the highest level of security and integrity of the title documents. Also with the introduction of the Electronic Documentation and Survey Plans System (EDMS), which scans and archives Land Documents and Survey Plans into a searchable and interlinked data, land registration becomes smoother and more efficient. To further enhance the system, Lagos State Governor Akinwunmi Ambode who is passionate about prompt and efficient service delivery, wants obtaining of Certificates...

SpaceX’s first recycled Dragon arrives at space station

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http://ift.tt/2sLKsTx This image provided by NASA shows the SpaceX Falcon 9 rocket, with the Dragon spacecraft onboard, launching from pad 39A at NASA’s Kennedy Space Center in Cape Canaveral, Florida, Saturday, June 3, 2017. This will be the 100th launch, and sixth SpaceX launch, from pad 39A. Previous launches include 11 Apollo flights, the launch of the unmanned Skylab in 1973, 82 shuttle flights and five SpaceX launches. Bill INGALLS / NASA / AFP SpaceX’s first-ever recycled spaceship arrived Monday at the International Space Station, two days after the unmanned Dragon cargo capsule launched atop a Falcon 9 rocket from Cape Canaveral, Florida. Live images on NASA television showed the spaceship approaching the orbiting outpost, then being grabbed with the station’s robotic arm at 9:52 am (1352 GMT). “Capture complete,” said NASA astronaut Peggy Whitson, who operated the robotic arm from inside the station. The spaceship is carrying almost 6,000 pounds (2,700 kilograms) ...

Igbo, the worst enemy to Igbo

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http://ift.tt/2qwLhie Supporters of the Indigenous People of Biafra (IPOB) wave Biafran flags on May 28, 2017 in the Osusu district of Aba/ AFP PHOTO / STEFAN HEUNIS When the Jewish prophet, Micah (740-670 BC) declared that, “A man’s enemies are the men of his own household,” Micah 7:6, he foresaw what would be the greatest undoing of any man, which are the people around him. If you are not ruined by those around you whom you trust much, you will live long. Those far away from you, who don’t know your secrets, can hardly harm you. The enemy is there with you, they are those closest to you. It is in the same vein that the greatest man that ever lived, Jesus Christ, also declared that, “If a kingdom is divided against itself, that kingdom cannot stand.” This again boils down to those around you, those you think you’re working with, or working for. Those you think should identify with you and join in your cause. It is worrisome t...

PARIS CLUB REFUND: FG, Govs agree to pay consultant

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http://ift.tt/eA8V8J By Hugor Udiogor & Abdulwahab Abdullah PROSPECTS of fresh legal battle between the federal, state governments on one hand and one of the consultants that pursued the repayment of the excess deductions made on Nigeria’s repayment of foreign loans, Linas International Limited, may have been averted as both parties have resolved to abide by judicial decisions on the matter. It would be recalled that the federal and the state governments failed to obey the 2013 court judgement in favour of the consultant to pay 20 percent as legal and consultation fees for negotiating the repayment of the excess deductions on foreign loans repayment. Meanwhile, the consultant has signified its intention to return to the court to enforce two previous judgments of December 3, 2013 and June 27, 2016, respectively but judicial sources told Vanguard that the federal and state governments resolved on Tuesday to abide by the judgments and pay the consultant. Linas International Limit...