Daily Archives: February 10, 2021

Universal set to indemnify riders with new okada policy

In a bid to offer relief and safety to commercial motorcycle riders and their passengers on Nigerian roads, Universal Insurance Plc has introduced a cover called Okada Personal Assurance & Safety Scheme (Okada Pass). According to the insurer, the Okada Pass plan is specially designed to provide cover for personal …

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Sovereign Trust pays N2.9bn claims in 2020

Sovereign Trust Insurance Plc said it has continued to affirm its commitment and capacity to pay all genuine claims when due as it paid N2.9 billion claims to various clients across the country last year. The insurer disclosed this in a statement by its spokesperson and Head of Sales and …

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I’ve not left PDP –Fani-Kayode

Former Aviation minister, Femi Fani-Kayode, has said he has not left the Peoples Democratic Party (PDP), denying statements credited to the All Progressives Congress (APC) that he has decamped to the party. Fani-Kayode, in a tweet on his verified Twitter handle Femi @realFFK, said: “Though, we have had meetings across …

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Pension operators pledge to boost awareness

by Chiamaka Ajeamo In a bid to deepen pension penetration in the country, the Pension Fund Operators Association of Nigeria (PenOp) has said it would be embarking on various public sensitisation and education programmes on pension, especially, go after employers on the need to join the Contributory Pension Scheme (CPS). …

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PenCom tasks PFAs on contributors RSA funding

As part of efforts to minimise the number of unfunded Retirement Savings Accounts (RSAs) under the Contributory Pension Scheme(CPS), the National Pension Commission (Pencom) has directed the Pension Fund Administrators (PFAs) to guarantee that all remitted contributions are credited into the RSAs accounts of beneficiaries/workers. PenCom made this known in …

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Umahi storms APC secretariat, reveals readiness of South East to join party

From Romanus Ugwu, Abuja Governor of Ebonyi State, David Umahi, yesterday declared that everybody in the South East geopolitical zone was desirous and curious to join the ruling party All Progressives Congress (APC). Speaking on the sideline after few hours meeting with the Chairman APC Caretaker/Extraordinary Convention Committee, Governor Mai …

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Delta APC: Revalidation exercise suspended as crisis deepens

From Paul Osuyi, Asaba The ongoing nationwide membership registration and revalidation exercise by the All Progressive Congress (APC) has run into a hitch in Delta State. This followed the sudden resignation of the secretary of the registration panel, Sanusi Musa even before the exercise formally kicked-off on Tuesday. The exercise …

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Ex-Nigerian envoy, 26 others dump APC, YDP for PDP in Bayelsa

From Femi Folaranmi, Yenagoa The Peoples Democratic Party (PDP) received a boost in its consolidation of its dominance in Bayelsa politics as a former Nigerian Ambassador to Venezuela and one-time Secretary to the Bayelsa State Government, Felix Oboro led 26 high powered members of the All Progressive Congress (APC) in …

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