Ikechukwu: Nigerians should imbibe teamwork for business growth

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Mr Daniel Ikechukwu, the Country Sales Manager, Forever Living Products, Nigeria, an organisation that has empowered Nigerians across the country, in this interview with Sunday Ojeme, speaks on how much collaboration and teamwork can lift Nigerian businesses to greater height Forever Nigeria has really made waves and empowered Nigerians over the years; how would you rate this with a country like South Africa that is also very great in this respect? In all honesty, Nigeria cannot be compared to South Africa, because presently, Nigeria has a population of over 200…

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JUNE 12: Buhari renames Abuja Stadium after MKO

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President Muhammadu Buhari Yesterday, Wednesday renamed the Abuja National Stadium after late Moshood Abiola, the acclaimed winner of June 12, 1993 Presidential election. President Buhari made the announcement while addressing the nation on Democracy Day celebration in Abuja, noting that while alive, Chief MKO Abiola gave immense support to the development of sports in Nigeria and Africa so much that he was named and honoured as Africa’s Pillar of Sports. He recalled that Chief Abiola formed the Abiola Babes Football Club, which was based in Abeokuta and was one of…

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Improving real estate contribution to economy

Dayo Ayeyemi

Having exited narrowly from negative zone in Q1 of 2019 after 12 consecutive quarters, real estate stakeholders have identified some issues to activate activities and growth  in the sector. Dayo Ayeyemi reports  Shortly after the National Bureau of Statistics (NBS) released report  of performance of each sector of the economy for the first quarter (Q1) of 2019,  real estate professionals have identified gaps and suggested  ways to activate activities in their sector for improvement. Speaking with New Telegraph, some of the professionals blamed paucity of fund, high interest rates,volatile forex market,…

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Unemployment: Urgent need to curtail rising scare

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A few weeks before leaving office, the immediate past Minister of Labour and Employment, Dr. Chris Ngige, confirmed the looming threat about the country’s gradual slide into a higher realm of unemployment. The pronouncement coming from an insider within government circle speaks much about the reality on ground, a reality that other government officials would always want to deny or parry. Ngige’s outcry is not too far from the series of reports that had been churned out by the Nigeria Bureau of Statistics (NBS) on the growing unemployment figure despite…

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‘How developers can avoid waste during construction’

Dayo Ayeyemi

In an attempt to build houses for personal or public use, many developers have got their fingers burnt for failing to play by the rules. Dayo Ayeyemi reports. In what could be referred to as a case of penny wise pounds foolish, a nine-storey building, still ongoing, has been marked for demolition in Lagos State on the account that its developers failed to secure appropriate statutory permits before commencing development. Many housing developers have been cut in this web, hence the need for necessary steps to avoid such pitfalls. The building,…

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Recapitalisation: Wapic shareholders approve increase in share capital

Sunday Ojeme

Shareholders of foremost underwriting firm, Wapic Insurance Plc, have given the board and management approval to increase the company’s authorised share capital ahead of NAICOM’s capitalisation deadline. The shareholders, who unanimously gave the approval during the company’s 60th Annual General Meeting in Lagos, also commended the outgoing Chairman of the underwriting firm, Mr. Aignoje Aig-Imoukhuede, for stirring the affairs of the company positively. Presenting the financial performance of the company to the shareholders the chairman said that Wapic grew from just over N4 billion gross premium in 2012 to close…

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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

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 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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