Curator

http://ift.tt/eA8V8J LAW Union & Rock Insurance Plc has said that it will focus on distribution of its products to the burgeoning middle class during the course of 2017 financial year to drive growth and profitability. The Managing Director, Mr. Jide Orimolade, disclosed this at the company’s 48th Annual General Meeting, AGM, in Lagos. He said that the company also expects to reap huge premium income through retail products as well as launch of additional retail products. He noted that the effort to reposition the company has started yielding result as the company was able to regain its dominance in the engineering sector. He attributed the leading position in engineering sector to the various strategic initiatives were driven by state of the art technology that gave the company advantage over competitors and resulted in good profitability in 2016. Speaking earlier, the chairman, Mr. Remi Babalola, said that the Board is positioning itself for the risk based supervision and ri...

http://ift.tt/eA8V8J By Favour Nnabugwu, Reporting from Kampala THE third edition of Africa Reinsurance Corporation (Africa Re) Awards recognized Delphine Traoré Maïdou as the CEO of the Year for the significant contribution she made to Africa’s economy as CEO of Allianz Global Corporate & Specialty (AGCS) Africa from 2012 to 2017. The award ceremony took place in Serena Gulf Club in Uganda on May 22, 2017 with Maidou going home with US$25,000 while two companies- Salam Emerging Market and Takaful Insurance Company won Insurance Company of the Year and Innovation of the Year respectively. Africa Re uses the awards to celebrate and promote companies and individuals for playing key roles in developing African economies. The Corporation’s  Managing Director, Mr. Corneille Karekezi, said the award celebrates chief executive officers and their company performances over the past year. He stated: “In line with its purpose, Africa Re initiated the awards to foster best corporate m...

http://ift.tt/eA8V8J By Dayo Johnson A kure— TWO primary school teachers in Ondo town, Ondo State, have been arrested over allegations of cutting the nails and taking blood from pupils for ritual purposes. Police sources hinted Vanguard that one of the teachers pretended to be helping two of the pupils to cut their fingernails and in the process deliberately cut their flesh and allegedly used tissue paper to take blood from the pupil’s injury. The suspect reportedly kept the blood-soaked tissue inside her hand bag. One of the pupils, who is three year old, reportedly informed her father what the teacher did to her. The father, according to police sources, confronted the suspect on what she wanted to do with the blood-stained tissue paper. Vanguard learned that the matter was first reported to the Head Teacher by the pupil’s father, before lodging a complaint at the police station. The suspect, who was subsequently arrested, confessed and fingered her accomplice who teaches in...

http://ift.tt/eA8V8J By Peter Duru M AKURDI— The remains of a senior lecturer at a North-Central state’s College of Education, was, yesterday, found in a hotel room days after he was declared missing by his family. Before he went missing, the lecturer was at various times the institution’s Deputy Provost, Academics; Head, Department of Integrated Science and also that of Chemistry. A family member, who spoke on condition of anonymity, said the deceased had, few days back, gone out to visit a sick colleague, but failed to return home. He said: “The development caused serious worry for members of our family, who, after searching for him around the town, reported the matter to the police. “Days after, information filtered into town that a lifeless body had been found in one of the hotels in the town and the police, on getting there, discovered that it was his body. “It was also discovered that the head of the deceased was swollen, with blood gushing through the mouth, suggesting th...

http://ift.tt/eA8V8J THE University system in Nigeria has been praised by the Vice Chancellor of Sokoto State University, Prof. Nuhu Yaqub, during his lecture entitled “The Administration and Management of a University in a Recessed Economy: The Case of Nigeria” during the fifth Annual Prof. Adetokunbo Sofoluwe’s Memorial lecture, organised by the University of Lagos Alumni, Lagos State Branch at the University campus, Akoka. The university teacher pointed out that Nigerian varsities are well structured to promote human development and scholarship, though some varsity systems are buffeted by unnecessary crises emanating from the ones generated internally – such as in the cases of staff and students’ restiveness, all manner of academic frauds perpetrated by both academic and non-academic staff as well as the students, among others. According to the vice chancellor, this avalanche of vices are the causes of the crisis and poor performance of some varsities in Nigeria. Speaking on Nig...