The Nation Newspaper Today Headline Monday 17th October 2022
The Nation Newspaper Today Headline and news Dailies Update on current affairs happening now in Nigeria today 17/10/22
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LSEB holds strategic retreat on sustainable energy
The Lagos State Electricity Board (LSEB) has held a 2-day strategic retreat for members of its staff. The retreat was In line with the desire of the State Government to ensure effective coordination of energy resources that will keep Lagos economy on the path of growth. Commissioner for Energy and Mineral Resources Olalere Odusote informed
Insurers mull tech platforms to deepen penetration
Stakeholders in the insurance and technology sectors have called for partnerships, collaborations, and technology adoption. The stakeholders describe it as an expedited strategy for insurance penetration gathered at the Insurance Meets Tech (IMT) inaugural edition conference convened by Modion Communications in Lagos. The experts from the Insurance, finance, and technology sectors from across Africa like
‘High internet usage, boost for life insurance distribution’
The huge number of internet users in the country has presented an opportunity to leverage technology for retail distribution of life insurance products, the Managing Director/CEO, Heirs Life Assurance (HLA), Niyi Onifade, has said. Onifade spoke at the annual retreat of the Nigerian Insurers Association Life Offices Committee while delivering a lecture to key stakeholders
Umeh to Fed Govt: Release Kanu to end tension in Igbo land
A former National Chairman of the All Progressives Grand Alliance (APGA), Senator Victor Umeh, has urged the Federal Government to release the leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu. He said this would be in line with the ruling of the Appeal Court and a good way to end the tension in
Disparities observed in industry gross premium income
The National Insurance Commission (NAICOM) has said the correct amount generated by insurance companies in 2021 as Gross Premium Income (GPI) of N661 billion, The Nation has learnt. This was made known by the commission in an exclusive interview following various disparities in figures quoted by the Nigerian Insurers Association (NIA), NAICOM and rating agencies
Regulators move against digitalisation risks
The International Organisation of Securities Commissions (IOSCO) has published measures that members should consider when determining their policy and enforcement approaches to retail online offerings and marketing. The measures outlined in the Final Report on Retail Distribution and Digitalisation aim to assist IOSCO members in adapting their regulatory and enforcement approaches, consistent with their legal and regulatory frameworks,
Operators hail Staco’s licence revalidation
Operators have hailed the revalidation of the licence of Staco Insurance Plc by the National Insurance Commission (NAICOM). The revalidation has led to the appointment of a new Managing Director, Mr. Wale Banmore. The company was enmeshed in board disputes that led to the exit of the former Managing Director, Mr. Sakiru Oyefeso. The President,
‘Insurgency has led to increased sodomy, defilement’
Years of Boko Haram insurgency have led to rising cases of sodomy against boys, defilement, incestuous relationships and other forms of sexual violence in the northeast, rights activist, Prof. Patricia Donli has said. Donli, a lecturer at the Department of Biological Sciences, University of Maiduguri and Zonal Coordinator Gender and Constitutional Reform Network (GECORN), spoke
Kia unveils high-tech, comfort driving K8 sedan
The Kia K8 combines cutting-edge innovation and dynamic performance to establish new benchmarks for premium quality in the sedan segment. Further demonstrating the recent rejuvenation of the brand, the K8 offers progressive and refined driving performance, a cutting-edge Advanced Driver Assistance System, and a contemporary and clean interior space that provides the driver and passengers
Mercedes-Benz recalls E-, CLS-Class to bolt down battery
Mercedes-Benz is recalling just under 20,000 examples of the CLS-Class Coupe and E-Class Sedan to inspect the anchoring systems for their 12-volt batteries. Located in the trunk, the batteries can come free in a collision, removing the power source for various safety systems. Mercedes says this problem impacts the 2019-2022 CLS450 Coupe and AMG E53,
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