Day: June 13, 2019

Nigeria posts negative growth in Africa’s $67.7bn premium

Sunday Ojeme

PENETRATION Low insurance penetration in Africa still presents an opportunity for growth in the continent A survey conducted by chief executive officers of Africa’s primary insurers has listed Nigeria’s premium growth rate as negative alongside Algeria and Kenya, according to the 4th Africa Insurance Barometer. The growth rate is amid $67.7 billion premium posted by the continent’s underwriters in 2018. According to the survey, in Africa’s largest insurance markets, total real premium growth was positive in Egypt (+9.8 per cent), Namibia (+7.8 per cent) and Morocco (+3.0 per cent), stagnant…

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Fidelity Pension advises on early retirement plans

Sunday Ojeme

The management of Fidelity Pension Managers Limited has advised Nigerians to plan their retirement early and effectively as part of building a fruitful future. Giving the advice during Customers Interactive Forum at the University College Hospital (UCH), Ibadan, Oyo State, the Group Head, Operations of the Pension Fund Administrator (PFA), Mr. Olumuyiwa Afolabi, said that Fidelity Pension had made services easier and accessible to all clients to enable them retire happily. He said the interactive forum became necessary to create the platform to understand the challenges that customers face, and…

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ILO pushes for end to child labour

Sunday Ojeme

As part of its agenda to ensure a decent workplace, the International Labour Organisation (ILO) has further pushed for an end to child labour globally. Restating the position during the ongoing ILO Centenary in Geneva, Switzerland, ILO Director-General, Guy Ryder, said the way children are treated is a reflection of the societies and values, adding that the World Day Against Child Labour  provides an opportunity to take stock, define goals and recommit to action.  According to him, “our reflection this year – the ILO’s Centenary  – is particularly significant because the ILO has been…

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Man keeps 21 severed vaginas in his freezer

admin

 A man who was allegedly found with 21 pieces of female genitalia in his freezer has appeared in court. Peter Frederiksen, 63, Danish, was arrested after 21 mutilated vaginas were allegedly found in his home. Surgical equipment and anaesthetic drugs were also said to have been found in the property. It’s believed his wife, 28-year-old Anna Matseliso Molise, told police he drugged her and cut off private parts of her anatomy while she was incapacitated.  She was due to testify but was gunned down and killed while leaving her house…

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