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NAICOM issues operating licenses to 4 insurers, 1 reinsurance firms

File Photo The National Insurance Commission (NAICOM) has granted operating licenses to four insurance firms and one reinsurance company to operate in the nation’s insurance industry. The four insurance firms are Heirs Insurance Limited (General); Stanbic IBTC Insurance Limited; Heirs Life Assurance Limited; Enterprise Life Company Nigeria Limited; and FBS Reinsurance Limited. The Commissioner for Insurance, Sunday Thomas, while presenting the licenses to the companies in Abuja, said that they have met the statutory requirements to carry out insurance business in Nigeria. Meanwhile, Heirs Insurance Limited (general) has appointed Olaniyi Stephen Onifade as its Managing Director; Stanbic IBTC Insurance Limited appointed Akinjide Orimolade as Managing Director; Heirs Life Assurance Limited a...

Regina Daniels: News about Sara being my husband’s wife completely false

There were speculations on Monday, alleging that the businessman and philanthropist is engaged to a prospective 7th wife, after a lady, identified as Sara shared photos of herself posing in Ned Nwoko’s mansion. The post Regina Daniels: News about Sara being my husband’s wife completely false appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

US election: Republicans hold back Democrats, narrowing path to Senate control

The battle for power in the Senate tightened into Wednesday as Democrats picked up a seat in Colorado, but suffered a setback in Alabama, and Republicans held their own in high-profile races in South Carolina, Iowa, Texas and Kansas, dramatically narrowing the political map. Republicans fought to retain their Senate majority by turning back a surge of Democrats challenging allies of President Donald Trump, and the Democrats’ various paths to seizing control were growing more limited. With several contests still too early to call, and one Georgia race heading to a January runoff, the final verdict is expected to drag on. Democrats gained a seat when ex-Gov. John Hickenlooper ousted GOP Sen. Cory Gardner in Colorado, a must-win to flip the Senate, but couldn’t hold on in Alabama, where forme...

Gold rises on renewed US stimulus hope, dollar falls

Spot gold rose 0.3 percent to $1,910.56 an ounce at 3:37pm, New York time, after falling as much as 0.5 percent. Gold rose on renewed optimism for a preelection aid package in the U.S., while the dollar fell to a one-week low. House Speaker Nancy Pelosi said a bill for a compromise stimulus package is being written as she awaits a key phone call with Treasury Secretary Steven Mnuchin. Senate Majority Leader Mitch McConnell said his chamber would take up a comprehensive coronavirus package if an accord is struck. The Bloomberg Dollar Spot Index headed for the third straight decline. Pelosi said in a Bloomberg Television interview that while there are areas where more work is required to get a compromise, she was pleased with the Trump administration’s latest position on coronavirus testing ...

Edo election: FCT residents commend INEC innovations, performance

Some residents of the Federal Capital Territory (FCT), have commended the Independent National Electoral Commission (INEC), on its performance at the just concluded Sept. 19, governorship election in Edo state. Some of the residents who spoke with newsmen, in Abuja expressed their joy that the election was relatively peaceful and that INEC deserved commendation for its innovations. A businessman, Mr Christopher Chidi, said although there were logistics challenges in few places, INEC’s performance was an improvement over previous elections. Chidi said that one of the innovations that made the election success was the introduction of the election “Result Viewing Portal” recently launched by INEC. “The portal has made it difficult for politicians to alter election results at the collation war...

President Buhari felicitates with Bamanga Tukur at 85

The Trent President Muhammadu Buhari on Wednesday felicitated with elder statesman, Alhaji Bamanga Tukur, on the occasion of his 85th birthday. This is contained in a statement by his Special Adviser on Media and Publicity, Mr Femi Adesina, in Abuja. Buhari joined members of Tukur’s family, friends and well-wishers in celebrating the elder statesman. He noted Tukur, former National Chairman of the Peoples Democratic Party and one-time governor of old Gongola State, had devoted a greater part of his extensive political life to supporting democracy in the country and continent. According to the president, Tukur is an accomplished businessman, pan-Africanist and philanthropist. Tukur understands very clearly that one of the best human legacies is to invest in people and many Nigerians who cam...

Temi Otedola makes acting debut

Temi Otedola, daughter of billionaire businessman, Femi Otedola, says she’s excited about her acting debut in an emotional movie ’Citation’. Newsmen report that the star- studded movie, which happened to be a teaser of Otedola’s first feature movie, was directed by Kunle Afolayan. Temi played a role in a character as Moremi Oluwa in the movie ‘Citation’ which also featured prominent artistes. Temi, who said she was so excited and overfilled with gratitude over her first debut, took to her Instagram page @temiotedola to make the announcement to her fans. “I can’t believe this day is here. I can officially share the first teaser for #CitationTheMovie… “This day is an emotional one for so many reasons. As many of you already know Citation is my debut feature film, and is directed by the legen...

President Buhari presides over virtual FEC meeting

Expectedly, President Muhammadu Buhari Wednesday presided over his 10th virtual Federal Executive Council (FEC) which also had in attendance his Vice, Professor Yemi Osinbajo, and eight ministers physically present. The meeting holding at the Council Chamber, Presidential Villa, Abuja, is also being attended by the Secretary to the Government of the Federation (SGF), Boss Mustapha, Chief of Staff to the President, Professor Ibrahim Gambari, and the National Security Adviser (NSA), Major General Babagana Monguno (retd). The ministers who are present are the Attorney-General of the Federation (AGF) and Minister for Justice, Abubakar Malami, Informatoon and Culture, Lai Mohammed, Finance, Budget and National Planning, Mrs. Zainab Ahmed, Aviation, Senator Hadi Sirika, Interior, Rauf Aregbesola...

Police arrest father of six for ‘rape’ of 13-year-old girl

The Police in Jos have arrested a 39-year-old businessman, Abdul Abdul, for allegedly raping a 13-year-old girl after buying N20 sachet water in her mother’s makeshift store. Abdul, a married man and father of six who resides in Bukuru, Jos South Local Government Area, allegedly committed the crime on June 8, when he went into the shop to buy water. The suspect told newsmen behind bars in Jos, on Monday, that he did not know what came over him when he had ‘sex’ with the minor. “On June 8, it was raining heavily, and I needed a place to take shelter after alighting from the tricycle, so I went into the shop, opposite a house I am building. “I bought a sachet of water from the girl after which we started discussing. “I placed my hand on her shoulder, and she did not resist, so I went ahead t...

Foundation donates face masks, rice to Ebonyi communities

Ebonyi State Government As the people and residents of Ebonyi State await both federal and state relief to cushion the hardships of the COVID-19 lockdown, an NGO, Golden-Julius Foundation (GJF) has stepped in to distribute over 2,000 bags of rice and other food items worth millions of naira to the indigent and disadvantaged people in the Nguzu and Ebiri communities of Afikpo South local government area. The Foundation also distributed over 3,000 face masks and hand sanitisers. The Foundation, which is owned by a popular philanthropist and businessman from the area, Chief Julius Ama Orji, popularly known as Ochiri, has been a platform for offering scholarships to indigent students, orphans, and for the empowerment of youths and widows in Edda communities and beyond. Speaking during the hous...

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