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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...

Troops ambush Boko Haram terrorists, kill six in Borno

Terrorists operating around Shyadawe/Nagasino villages in Borno State, Northeast Nigeria have suffered a heavy casualty blow following an ambush staged against them by troops of 192 and 202 Battalions of Operation Fire Ball (OPFB). The Boko Haram and Islamic State of West Africa Province (ISWAP) terrorists fell from bullet rain by soldiers, leaving dozens lifeless and many others fleeing in different directions with bullet wounds. Brig-Gen. Bernard Onyeuko disclosed that following intelligent on terrorist activities within Shyadawe/Nagasino axis, troops advanced to lay ambush on the criminals. General Bernard, said soldiers also recovered four AK-47 rifles, ammunition and gun trucks while clearing remnants of fleeing terrorists from Sambisa Forest. “The unrelenting troops engaged them with...

Nigerian government seeks new Eurobond

The federal government yesterday disclosed that it would approach the Eurobond market next year in its effort to shore up the economy, amidst cocktails of measures being put in place to douse the effects of the Covid-19 pandemic on the economy. On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021. Finance Minister, Zainab Ahmed, who disclosed the Eurobond plan while speaking on Bloomberg TV, explained that the decision would depend on the prevailing interest rates. She, however, did not specify the amount to be accessed from the Eurobond. The Eurobond option is ...

NAF elevates 107 senior officers, gets 16 AVMs

Wikipedia The Air Force Council (AFC) has approved the promotion of 107 senior officers to the next higher ranks in the Air Force (NAF), a statement by Wing Cdr. Bassey Okon, Acting Deputy Director for Director of Public Relations and Information, NAF headquarters, said on Friday in Abuja. According to Okon, the affected senior officers comprise 16 Air Commodores (Air Cdres) who were promoted to the rank of Air Vice Marshal (AVM), 31 Group Captains who were promoted to the rank of Air Commodores. Also, 27 Wing Commanders were promoted to the rank of Group Captain and 33 Squadron Leaders were promoted to the rank of Wing Commanders. Those promoted to the rank of AVM include: Air Commodore Abraham Adole, Tajudeen Yusuf, Ibikunle Daramola, Uchechi Nwagwu, Sani Rabe, Kurotimi Obidake, Nanjul K...

eGovernment: NITDA begins capacity building for ministries, agencies

Commonwealth of Nations The National Information Technology Development Agency (NITDA) on Wednesday began a two-day virtual strategic capacity building workshop for federal ministries, departments and agencies (MDAs). The exercise is being carried out to hasten the implementation of the National e-Government Masterplan and inculcate the use of Information Technology in government activities. The training is in three phases for directors of ICT and heads of procurement, network administrators and domain managers, while the third batch is for the NITDA team driving the digital transformation agenda. The Director-General of NITDA, Kashifu Abdullahi, who was represented by the Director e-Government Development and Regulation, Vincent Olatunji, in his opening remarks said the training aims at e...

Rollercoaster: Bitcoiners who missed rally feel relief and regret

Arianna O’Dell, a 30-year-old entrepreneur and songwriter based in New York City, had a tumultuous four-year journey in cryptocurrency before selling her investments in February. During her rollercoaster ride, bitcoin prices swung from less than $1,000 to nearly $20,000. O’Dell may not have made optimal decisions about when to buy or sell, and missed out on the recent rally – but said she does not regret that. Investing $2,705 worth of proceeds into her business was better than enduring the stress of daily fluctuations, even though the price has since doubled, she said. “Honestly, I’ve had more luck in Vegas than I’ve had with cryptocurrencies,” O’Dell said in an interview. She is part of a relatively new class of retail investors who joined the cryptocurrency market years ago, helping pro...

Senator Adeyemi advocates N50 billion bailout fund for airline operators

Sen. Smart Adeyemi (APC Kogi), has called on the Federal Government to provide a bailout fund of N50 billion for airlines operators in the country. The post Senator Adeyemi advocates N50 billion bailout fund for airline operators 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.

We believe it is South East’s turn to produce next president – Ebonyi PDP elders

The Elder and major Stakeholders of the Peoples Democratic Party (PDP) on Monday affirmed the belief that it is the turn of the South East to produce President of Nigeria in 2023. The post We believe it is South East’s turn to produce next president – Ebonyi PDP elders 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.

General Motors abandons Donald Trump’s war against California’s pollution powers

General Motors announced today that it is abandoning Donald Trump’s effort to take away California’s ability to set fuel efficiency standards. The company, along with Fiat Chrysler and Toyota, previously backed Trump’s efforts to roll back fuel efficiency standards. The post General Motors abandons Donald Trump’s war against California’s pollution powers 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.

Tokunbo Abiru proposes antidote for national challenges

Mr Tokunbo Abiru, APC’s candidate for the Lagos East bye-election, has said that quality representation at the National Assembly is an antidote to diverse national development and security challenges. The post Tokunbo Abiru proposes antidote for national challenges 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.

Cultists kill 60-year old man in Akwa Ibom

Cultists in Inen community, Oruk Anam local government area of Akwa Ibom State may have defied the state government’s olive branch extended to them following fresh wave of renewed violence in the sleepy community resulting in the death of a man said to be in his 60s. The post Cultists kill 60-year old man in Akwa Ibom 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.

Boko Haram: Six Nigerian soldiers killed in Borno ambush

An ambush on Nigerian troops by Boko Haram elements has left six soldiers dead, 26 injured and many others still missing, according to a report. The post Boko Haram: Six Nigerian soldiers killed in Borno ambush 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.