Metronaija

Operators point to reckless competition By Rosemary Onuoha THERE are indications that insurance companies are groaning under the weight of a surging claims portfolio as more risks crystallize, despite efforts to stem the tide. The latest financial reports of leading insurers show an escalation of claims volume, rising faster and overshadowing the growth recorded in premium income. The industry’s total Gross Premium Written, GPW, grew by 12.4 percent to N226.8 billion against N201.7 billion recorded in 2017. But the total claims expenses on the other hand went up by 16.5 percent to N98.9 billion from N84.9 billion recorded in 2017. File: insurance The same trend was recorded in the previous year when GPW grew by 9.7 percent while claims expenses went up by 30.3 percent. Industry operators have expressed worry that the trend would pose threat to the industry’s survival in the medium term if not checked. According to some stakeholders, the greed to take up some partic

ABUJA – The Peoples Democratic Party, PDP, has raised an alarm over alleged replacements of servers in all states of the federation by the Independent National Electoral Commission, INEC, in what it referred as a desperate bid to obliterate the actual results transmitted from the polling centres across the nation in the February 23 Presidential election. Prince Uche Secondus and Chairman of the Independent National Electoral Commission, INEC, Prof. Mahmood Yakubu Describing the development as “completely reprehensible,” the party maintained that the move has exposed the culpability of the electoral umpire in the manipulation and rigging of the 2019 Presidential election. In a statement by its spokesman, Kola Ologbondiyan, the party accused the commission of doing the bidding of the ruling party “after they realized that the servers have information of Atiku Abubakar’s victory at the election.” The statement further read: “Our party also has details of how the INEC leadership and th

The gunmen, who allegedly murdered Chief Anthony Igboka, President General of Nimo Town in Njikoka Local Government Area of Anambra, have been arrested, says Gov. Willie Obiano. The governor made the disclosure on Sunday at St Williams Catholic Church, Nkwelle Ezunaka, during a thanksgiving mass for the family of Prof. Greg Nwakoby, Vice Chancellor of Chukwuemeka Odumegwu Ojukwu University, Awka. WILLIE OBIANO Obiano said the suspected killers would be paraded by the police soon. Similarly, he disclosed that kidnappers of a banker at Otuocha in Anambra East Council have also been apprehended. Trial of lawyer that allegedly murdered husband stalled LAGOS—THE trial of a female  lawyer, Udeme Otike-Odibi, who allegedly murdered her husband, Symphorosa Otike-Odibi, was, yesterday, stalled due to the absence of the trial judge, Justice Asedayo Akintoye. Vanguard News The governor urged Anambra residents to go about their lawful business activities as the security apparatus was s

Lil Chags  Is a Young guy whose dream is to be one of the topest musician and also the latest websites owner. Questions asked to Lil Chags  Interviewer:lil chags,whats your dream Lil Chags:my dream Is to become the best musician and blogger Who is your best artist Lil Chags:my best artist are selebobo,don jazzy and reekado Banks Interviewer:who is your number one among them? Lil Chags:my best is selebobo Interviewer:why? Lil Chags: He's my favourite musician Interviewer: can you sing one of your music Lil Chags::no,cause I haven't released any album but wish to as soon as possible.

Wednesday, April 24, 2019 will go down in history as a special day for Lagos State and indeed Nigeria. Reason: It was a day President Muhammadu Buhari inaugurated five landmark legacy projects of Governor Akinwunmi Ambode’s administration in critical sectors including health, transportation, road and social infrastructure. President Muhammadu Buhari (3rd left); Lagos State Governor, Mr. Akinwunmi Ambode (2nd left); Ogun State Governor, Sen. Ibikunle Amosun (left); Governor-elect of Lagos State, Mr. Babajide Sanwo-Olu (3rd right); Oyo State Governor, Sen. Abiola Ajimobi (2nd right) and Ekiti State Governor, Dr. Kayode Fayemi (right) during the commissioning of the Oshodi Transport Interchange along with the Mass Transit Buses, on Wednesday, April 24, 2019. The projects – 170-bed Institute of Maternal and Child Health, popularly called Ayinke House located within the premises of Lagos State University Teaching Hospital (LASUTH); remodeled 10-lane Murtala Mohammed International Airport