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Showing posts with the label 2017 at 12:07AM

AIICO Insurance grows underwriting profit by 326%

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http://ift.tt/eA8V8J Explains reduction in premium  By Rosemary Onuoha AIICO Insurance Plc said it grew its underwriting profit for the year ended December 31, 2016 by 326 percent. The figure increased from a loss position of N5.5 billion to a profit of N12.45 billion across the group driven by slight underwriting improvements in the non life business and release of the reserves in the life business. Its gross premium for the period, however, witnessed a 17.8 per cent decline to N27.1 billion from N32.9 billion in 2015. Announcing this to shareholders at the 2016 Annual General Meeting of the company held in Lagos, Managing Director, Mr. Edwin Igbiti, explained reason for reduction in the company’s gross premium during the period saying it was due to its strategic decision to reduce premiums written in the long-term business (retirement product) as a result of higher market risks. “Our decision to diversify the long-term business to include...

TUC lauds Ugwuanyi’s giant strides in governance

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http://ift.tt/eA8V8J W orkers of Enugu State under the auspices of Trade Union Congress of Nigeria (TUC), yesterday passed a vote of confidence in Governor Ifeanyi Ugwuanyi of Enugu State for his administration’s giant strides in just two years in office. Rising from a one-day symposium organized by the state chapter of the TUC to assess the two-year performance of Gov. Ugwuanyi’s administration in the state, the workers after listening to speeches delivered by the guest speakers, such as the President General of Ohanaeze Ndigbo, Chief Nnia Nwodo and Chairman of Enugu State Chamber of Commerce, Industry, Mines and Agriculture (ESCCIMA), Rev. (Surv.) Ugo Chime, unanimously proclaimed that the governor has performed well in office. Presenting their speeches, the speakers highlighted the remarkable achievements of Governor Ugwuanyi with emphasis on peace initiatives, security, good governance, workers’ welfare and infrastructural development especially in the rural areas of the state. ...

Morata saves Spain in four-goal Colombia thriller

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http://ift.tt/2sEZDhV Colombia’s forward Radamel Falcao (L) vies with Spain’s defender Nacho Fernandez (C) beside Spain’s midfielder Asier Ilarramendi during the friendly international football match Spain vs Colombia at the Condomina stadium in Murcia on June 7, 2017.JOSE JORDAN / AFP Alvaro Morata came off the bench to salvage Julien Lopetegui’s unbeaten record as Spain coach in an entertaining 2-2 draw with Colombia in Murcia on Wednesday. After Edwin Cardona had cancelled out David Silva’s opener for the hosts, Radamel Falcao’s first international goal for two years had Colombia on course for a famous win. However, Morata made his case to start Sunday’s World Cup qualifier away to Macedonia with a towering header three minutes from time to save Spain’s blushes. Lopetegui ran the risk of an adverse result as Nacho was the only Real Madrid player to start for Spain after the La Liga giants’ Champions League final heroics in defeating Juventus on Saturday to retain the tro...

Video: Fulani cattle invade Edo primary school classrooms, chase out pupils

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http://ift.tt/eA8V8J Video shows a herd of cattle that have invaded the Ohonvbe Model Primary School In Ikpoba Okha Local Government Area Of Edo State, chasing away the pupils out of their classrooms. The video shows the pupils standing helplessly outside while the animals occupy their classrooms. http://ift.tt/2r3rYBu The post Video: Fulani cattle invade Edo primary school classrooms, chase out pupils appeared first on Vanguard News . Vía Vanguard News http://ift.tt/2rN5Msr via Blogger http://ift.tt/2rWPqiZ

3 in prison custody for attempt to steal car

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http://ift.tt/eA8V8J By Onozure Dania An attempt by two suspects to steal a Toyota Camry car parked at the Palm Shoprite Plaza by an identified customer was thwarted by security guards stationed at the gate of the shopping mall. The suspects are Abiodun, 20, a resident of Owode Ijako, Ogun State and Nurudeen, 25, who reside at  Alagbado, Lagos, were allegedly invited by a car hire operator, Olufemi, for the operation. It was gathered that when Abiodun and Nurudeen got to the plaza, they introduced themselves to the security guards at the gate that they were the sons of a man who parked a Toyota Camry car at the car park within the mall. They told the guards that after their father parked the car, he develop psychiatric problems before abandoning the car and that their family sent them to come and take the car home. The security guards, it was learned, initially believed their story, but when the suspects were asked the colour of the car they told the security guards that it w...

ExxonMobil, Taleveras, Ophir win Equatorial Guinea oil blocks

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http://ift.tt/eA8V8J Three major oil firms, including ExxonMobil, Taleveras, and Ophir, yesterday, won oil blocks in Equatorial Guinea. A major announcement to this effect was made by Equatorial Guinea’s Minister of Mines and Hydrocarbons, Gabriel Obiag-Lima, at the African Oil and Gas Conference in Cape Town. All winners were revealed by Obiag-Lima at a press conference. In a statement issued last night, ExxonMobil confirmed it had signed its Production Sharing Contract with Equatorial Guinea for oil acreage E.G.-11, thus heading the list of acreage winners in Equatorial Guinea’s latest licensing bidding round. UK-based Ophir Energy won the block EG 24, whilst Taleveras picked the highly potential EG-07 Oil block and Clonterf Energy landed Block EG-18. The West African nation’s Ronda 2016 open and competitive bidding round was declared a success by Industry analyst and watchers.   The post ExxonMobil, Taleveras, Ophir win Equatorial Guinea oil blocks appeared first on Va...

Attackers named in London terror probe as PM under pressure

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2nd Anniversary Celebration: Gov. Okowa commissions 12 roads in Asaba

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Hubby has a second family

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http://ift.tt/eA8V8J I’ve been married for 16 years and we have three children. I recently learnt from a family member that my husband had a secret family who lived close to her friend’s house – and that the woman had two children for my husband. I didn’t really believe her because she’s naturally a vicious gossiper. When I told my husband about what I learnt, I was expecting him to deny it. Instead, he confessed he’s had the affair running for over 10 years – barely six years after our marriage. Naturally, I told our children and they were as shocked as I was. I’m worried about the effect on my children ifwe split up but I don’t really know how to handle this. Do you? I feel so betrayed. Queen, by e-mail. Dear Queen, Now that your husband’s secret is out, you’ll discover that instead of the stability you once enjoyed in your marriage, you’ll be constantly worrying about where your husband is and who he is with. Your husband doesn’t want to be separated from his first family. I...

IJESHATEDO KILLING: CP warns DPOs to sit up or leave Lagos

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http://ift.tt/eA8V8J By Evelyn Usman L agos —  Commissioner of Police, Lagos State Police Command, Fatai Owoseni, yesterday took a swipe at Divisional Police Officers in the state, warning them to sit up and fight crime or leave the command for good. His reaction was not  unconnected with the alleged killing of a fashion designer, by a Divisional police Officer, DPO Yakubu Mohammed, last week in Ijeshatedo area of the state. Addressing Area Commanders and DPOs at a special lecture tagged ‘ Code of Conduct for Law Enforcement Officers’ in Ikeja, a visibly angry Owoseni warned that the era of impunity by policemen was gone, threatening that DPOs and Area Commanders would henceforth be held responsible for any act of misconduct committed by their subordinates. He warned that the command would not tolerate any act of accidental discharge from any policeman, especially senior police officers, whom he said were supposed to lead by example, citing the incident at Ijeshatedo as a...

Lagos council polls: Women seek more opportunities

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http://ift.tt/eA8V8J Lagos —Women rights activists in Lagos State have urged All Progressives Congress, APC, to ensure that more women emerge as candidates for chairmanship and councillorship positions in the coming local government elections. Making the call on the platform of Women Move Now, WMN, after a roundtable on Need for More Women Representation at the Decision Making Level of the Local Governments , the women said: “APC has screened and cleared female professionals for the primaries in Lagos State. “The party will be doing the society a lot of benefit if these women are allowed to represent APC in the elections. “As it stands,over 40 percent of the aspirants for the election are women. It should not be difficult for the party to meet the minimum standard of 30 percent representation across board.” Some members of WMN are Dr. Keziah Awosika of Women Law and Development Centre; Dr Abiola Akiyode-Afolabi, Women Advocates Research and Documentation Centre, WARDC; Yemisi Rans...